 | Centre approves PSU share buyback |
In a last ditch effort to meet its disinvestment target, the government, on Thursday, approved a proposal to allow cash-rich public sector undert... |
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| Bharat Petroleum Said to Buy Nigeria Oil From Morgan Stanley |
Bharat Petroleum Corp. (BPCL), India's second-largest state refiner, bought 2 million barrels of Nigerian crude for loading in April from Morgan ... |
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| Oil above $123 on economy hopes, Iran concern |
LONDON: Oil rose above $123 a barrel on Thursday as upbeat economic data from China and the United States bolstered the demand outlook and concer... |
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| Last-minute LIC, SBI bids may have saved ONGC offer for sale |
Uncertainty prevailed over the fate of state-owned energy giant Oil and Natural Gas Commission's offer for sale of 42.77 crore shares on Thursday... |
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| Modi moots review of regulatory panels' role |
Chief Minister Narendra Modi has said that there is need to review the role of Central Regulatory Commissions and authorities to ensure they serv... |
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| ONGC share auction hit by system glitch, says official |
NEW DELHI: India's $2.5 billion auction of government shares in Oil and Natural Gas Corp was affected by a system glitch due to large last minute... |
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| IOC to extend oil pipeline from Jalandhar to Himachal, J-K |
Chandigarh, State-run Indian Oil Corporation would expand its oil pipeline from Jalandhar to Himachal Pradesh as well as Jammu and Kashmir and wo... |
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| Reddy rules out steep price hike in petrol prices post elections |
New Delhi, Union Petroleum Minister S. Jaipal Reddy on Thursday ruled out an increase in fuel prices after the conclusion of assembly polls. Redd... |
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| AP industries body flays power holiday, tariff hike plan |
Visakhapatnam, The Federation of Andhra Pradesh Industries (FAPI) has criticised the move of various power distribution companies in the State to... |
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| To curb racket, state may introduce kerosene coupons |
JAIPUR: To tighten the noose around kerosene mafia, the food and civil supplies department is considering distribution of kerosene through coupon... |
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| GAIL releases first sustainability report: Value beyond Business for 2010-11 |
Mr. G. C. Chaturvedi, Secretary, Petroleum and Natural Gas, Government of India today has released the first Sustainability Report of GAIL (India... |
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| After ONGC, its Oil India's turn for divestment: Sources |
Close on the heels of Oil and Natural Gas Corp (ONGC), the oil ministry has indicated that now Oil India would be the next candidate for divestme... |
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| IndianOil Corporation's forex borrowings top $6 bn |
NEW DELHI: State-run fuel retailer IndianOil Corporation's foreign currency loans have crossed $6 billion, indicating how uncertainties over pric... |
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| LPG tanker operators embark on another indefinite strike |
The second indefinite strike by the Southern Region Bulk LPG Transport Operators Association (SRBLPGTOA), seeking fulfilment of their demands, be... |
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| IOC's petro hub boosts Panipat's polyester blanket market |
PANIPAT: The Indian Oil Corporation's ( IOC) petrochemical complex in Panipat has become the catalyst of diversification for businesses based in ... |
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| Villages around Sinhagad Fort to get subsidised gas connection |
In a unique environment-friendly initiative by the state forest department, five villages near Sinhagad Fort will get gas connections at subsidis... |
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| OPEC Exports Stable Amid 'Tight' Inventories, Oil Movements Says |
OPEC will keep shipments little changed until the middle of this month as refiners replenishing depleted stockpiles offsets a seasonal decline in... |
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| Obama calls on Congress to repeal federal subsidies for oil industry |
The results illustrate the high stakes for Obama as he tries to shape the public debate and rally support behind his energy policies to help insu... |
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| GSPC wasted public money, claims Gohil |
GANDHINAGAR: Leader of opposition Shaktisinh Gohil has sharply criticized the Gujarat government's move for allowing "haphazard permissions" to t... |
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| India seeks 3-4 mt more crude oil from Iraq |
New Delhi, To meet its growing crude oil demand, India has sought additional 3-4 million tonnes from Iraq in the next fiscal. While maintaining t... |
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