 | BPCL to invest Rs 45,000 crore in 5 yrs on expansion |
TIRUCHIRAPPALLI: Bharat Petroleum Corporation (BPCL) today said it would invest Rs 45,000 crore in the next five years for expansion and building... |
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| Crude Slumps Below $100 |
NEW YORK—Oil futures fell nearly 2% in a late-day selloff after reports emerged saying the European Union's possible embargo of Iranian oil impor... |
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| Indian refiners diversifying crude oil basket |
NEW DELHI: Domestic refiners are making alternate arrangements for any disruption in crude oil supply from Iran because of the US sanctions and s... |
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| Oil regulator to fix marketing margins for natural gas |
NEW DELHI: The government has formally asked the petroleum regulator to determine marketing margins for natural gas on the basis of costs, rebuff... |
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| No directions to oil cos to cut imports from Iran: ministry |
India on Thursday made it clear that it had not given any instructions to oil refining companies to reduce crude imports from Tehran. "We have no... |
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| Safety to ensure Nil Accidents a Paramount Necessity in Oil and Gas Sector: Sudhir Bhargava |
The safety of the operations in the hydrocarbon sector is of paramount importance not only in terms of preventing loss but also to enhance produc... |
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| Ministry rejects RIL's stand on marketing margin |
The Petroleum Ministry has rejected Reliance Industries' (RIL) contention that charging of marketing margin on gas was an issue between the buyer... |
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| Indian, global companies vie for BG's 65% pie in Gujarat Gas |
MUMBAI: The race to acquire BG India's 65% stake in the Gujarat Gas Company Ltd (GGCL) has all the makings of an epic corporate battle as foreign... |
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| Shell to expand Hazira terminal to 10 mtpa |
Shell and Total, operators of a liquefied natural gas (LNG) terminal at Hazira in Gujarat, have decided to take the terminal's annual capacity to... |
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| PAC seeks explanations from Petro ministry on CAG findings |
NEW DELHI: Parliament's Public Accounts Committee today sought explanations from officials of the Petroleum Ministry on CAG's findings related to... |
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| Adani Petronet starts jetty at Dahej |
Adani Petronet (Dahej) Port Private Limited, a joint venture between Adani Ports and Special Economic Zone Limited (APSEZ) (formerly known as Mun... |
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| Cairn introduces new technology for crude pipeline security |
Cairn India is strengthening security at its world's longest 670 km long heated insulated pipeline for crude transportation. Cairn India contribu... |
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| HPCL offers rare gasoil cargo for export: Sources |
SINGAPORE: Hindustan Petroleum Corp has offered a rare high sulphur gasoil cargo for export following an outage at its 166,000 barrels per day (b... |
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| Fuel major may explore ONGC gas blocks |
KOLKATA: The London Stock Exchange's alternative investment market (AIM)-listed Great Eastern Energy Corporation (GEECL) has approached Oil and N... |
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| European Refinery Shutdowns Open Doors For Indian Diesel Exports |
LONDON -Indian refiners are likely to increase their presence in the European diesel market as smaller, less complex European refineries come off... |
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| Oil up on Iran, Nigeria supply worries |
London: Brent crude rose more than $1 to over $113 on Thursday on worries a showdown between Iran and the West in the Middle East Gulf and a stri... |
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| Oil tumbles on reports of Iran sanction delay |
Benchmark crude plunged from $101a barrel to $99 in just eight minutes. Prices ended the day down $1.77 at $99.10 per barrel in New York. Oil pri... |
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