 | India opposes more Iran sanctions despite Western pressure |
During further negotiations over the Broad-Based Trade and Investment Agreement between India and the European Union, Western leaders pushed for ... |
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| OilMin seeks 100% excise duty concession for NE refineries |
New Delhi, The petroleum ministry has urged the finance ministry to extend 100 per cent excise duty concession to oil refineries located in the n... |
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| OIL India announces 3:2 bonus; net up 12% |
New Delhi, Feb. 12: Oil India Ltd has reported an 11.67 per cent jump in its net profit to Rs. 1,013.98 crore in the quarter ended December 31. T... |
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| Iranian Bank may open Rupee account with UCO to facilitate trade |
KOLKATA: Iran's central bank is working with the Reserve Bank of India to open a rupee account at the Kolkata-based UCO Bank to facilitate India-... |
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| Running a refinery in North-East is fraught with challenges |
Numaligarh Refinery Limited (NRL), was set up at Numaligarh in the district of Golaghat in Assam in accordance with the provisions made in the As... |
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| Ambiguous OilMin order may lead to KG-D6 price revision |
While the Oil Ministry gears up to reject Reliance Industries' demand for a higher gas price, its order fixing $4.20 per mmBtu as price of KG-D6 ... |
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| ATF import may not get much relief |
The Union Government's move to decontrol the import of aviation turbine fuel (ATF) may not actually be of much help to airlines. With the logisti... |
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| India's determination to continue buying Iranian oil frustrates US |
NEW DELHI: Ranjan Mathai, the Indian foreign secretary, made the rounds in Washington last week, describing India's relationship with the United ... |
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| Government to restart divestment show this week with ONGC |
NEW DELHI: The government plans to put its derailed disinvestment drive back on track this week with a likely 5% stake sale in Oil and Natural Ga... |
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| IGL looks for expansion oppurtunity in Africa |
Bombay Stock Exchange-listed city gas distribution company Indraprastha Gas Limited is mulling to spread its footprint into African countries. Th... |
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| Tony Fountain to head RIL's refinery business |
NEW DELHI: Reliance Industries has hired a British government official, who was that nation's highest paid civil servant in 2010, to head its ref... |
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| GAIL looking at medium-term imported gas contracts |
GAIL (India) Ltd is looking at medium-term imported contracts to meet the growing gas demand amidst limited domestic supplies. Medium-term contra... |
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| Petronet, Kerala govt in talks for Kochi power plant |
Petronet LNG, the country's biggest natural gas importer, is in talks with the Kerala government to set up a gas-based power plant with an invest... |
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| Indian petrochem industry to grow 12-15% a yr: Assocham |
New Delhi: The USD 40-billion Indian petrochemicals industry is expected to grow at 12-15 percent annually over the next five years and generate ... |
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| Fert Min asks for 24.2 mmscmd gas for self-sufficiency in urea |
New Delhi: Aiming to make the country self sufficient in urea, Fertiliser Ministry has requested the Petroleum Ministry to allocate 24.2 mmscmd o... |
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| Ocean Sparkle plans JV to enter offshore vessel supply business |
Port operations and marine services company Ocean Sparkle Ltd has decided to enter the offshore vessel supply market on its own after dropping pl... |
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| Some suitors for Gujarat Gas may combine |
The suitors to acquire BG's 65.12 per cent stake in Gujarat Gas are busy finalising strategy as the dates for final 'binding bids' for the contro... |
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| Eight petrol pumps run by prison inmates to come up in Andhra |
Hyderabad: Buoyed by the success of a petrol pump run by reformed jail inmates, the Andhra Pradesh government has decided to set up eight m... |
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| RIL's KG-D6 may see a further dip in output |
Reliance Industries ' eastern offshore KG-D6 gas fields may see a further decline in output until new wells are brought to production, the compan... |
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| New Spill Reported on Eni Oil Well in Nigeria |
LAGOS, Nigeria (AP) An environmental group says there is a new spill on an oil well run by Italian firm Eni SpA in Nigeria's oil-rich southern de... |
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