Oil & Gas - Page 34

A rally in U.S. crude oil prices recently has put the market on its firmest footing since the rout started in 2014, with the spread between prices for near-term delivery and future

Three bankruptcies this week shows that $45 a barrel oil isn’t enough to rescue energy companies on the verge of collapse. Since the start of 2015, 130 North American oil and gas

Iran has ended free shipping of crude oil to India and has asked refiners like Mangalore Refineries (MRPL) and Essar Oil to arrange for freight, Oil Minister Dharmendra Pradhan said today. Iran

Oil prices fell today on profit- taking, after New York crude reached the highest level this year on signs that the global supply glut was easing. In early trading, New York's benchmark

India plans to shift to a gas-based economy by boosting domestic production and buying cheap liquefied natural gas (LNG) as the world's third-biggest oil importer seeks to curb its greenhouse emissions, oil

State-owned energy explorers that surrendered 69 inoperative oilfields to the government in 2014 want to be paid for the initial exploratory work they did before these fields are put up for auction,

Keen to step up engagement in hydrocarbon sector with Iran, India has conveyed to the Persian Gulf nation that it was ready to clear nearly USD 6.5 billion of the dues for

The proposed project will ensure LPG supply to far-flung areas of eastern and north-eastern regions. State-owned fuel retailer BPCL has got green nod for its Rs 694-crore project of developing LPG import terminal as well