 | India to commission strategic oil storage facility in January |
New Delhi: India's first strategic oil storage will be commissioned in January but it is still not clear as to who will operate the facility that... |
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 | Indian refiners puzzle over Iran request for euro oil payment-sources |
NEW DELHI, Indian refiners have asked the government to clarify if they can pay Iran for crude in euros after the National Iranian Oil Company (N... |
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 | NYMEX December crude futures down in Asia on U.S. crude stocks outlook |
SCrude oil prices weakened in Asia on Thursday as some doubt is cast ahead of a weekly stocks report later in the day from the U.S. Energy Inform... |
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 | Gazprom sales to Europe increase |
MOSCOW, Russian energy company Gazprom said Thursday its net volume of natural gas sent to Europe and elsewhere for 2013 increased roughly 10 per... |
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 | China to drive world's renewable energy increase |
BEIJING, China's increase in renewable energy is on course to surpass the European Union, the United States and Japan combined, says the Internat... |
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 | Mexico's oil, petrochem ports closed to shipping amid bad weather |
All of Mexico's oil and petrochemicals ports were closed to shipping early Wednesday as a severe cold front swept through the Gulf of Mexico, as ... |
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 | CNOOC's arm Nexen to examine LNG development in Canada |
Nexen Energy ULC, CNOOC Ltd's wholly-owned subsidiary, has entered into an exclusive agreement with the Government of British Columbia, Canada to... |
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 | Oil supply now comfortable but could tighten - IEA |
LONDON, Oil markets look well supplied in the short term but prices could rise in the next few months due to a seasonal increase in demand and pr... |
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 | Kenya may look for new partner in Mombasa refinery |
MOMBASA, Kenya, Kenya is considering inviting bids for a new investor for east Africa's only oil refinery, or converting it into a storage plant,... |
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 | IEA sees steady decline in OPEC output |
PARIS, The International Energy Agency said in its monthly market report, released Thursday, oil production from OPEC declined in October for the... |
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 | Petroleum ministry keen to get nod in advance for NELP round X |
Learning from its past experiences, the Petroleum and Natural Gas Ministry is keen to get all the clearances including defence and environment be... |
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 | Oil price of Indian Basket up marginally |
New Delhi, The international crude oil price of Indian Basket as computed/published on Thursday by Petroleum Planning and Analysis Cell (PPAC) un... |
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 | State oil companies source $14 bn from oil window |
State-run oil companies have received around USD 14 billion through the special dollar swap window provided by the central bank since late August... |
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 | L&T to strike a deal with Turkmenistan |
NEW DELHI: Larsen & Toubro (L&T) has made a breakthrough with the government in Turkmenistan and could become the first Indian engineerin... |
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 | Govt Cancels IOC Dubai Road Show on Muted Interest |
The government's plan to sell 10% stake in state-run Indian Oil Corporation (IOC) has run into rough weather after tepid investor interest forced... |
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 | OilMin seeks easier nod for licences |
The Ministry of Petroleum and Natural Gas is taking precautionary measures to ensure companies do not give up oil and gas exploration blocks afte... |
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 | Raghuram Rajan talks up Indian rupee, promises to tackle oil sector's dollar demand |
Mumbai, RESERVE Bank of India (RBI) governor Raghuram Rajan's confidence the country would have adequate foreign exchange resources to finance th... |
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