 | Iran seeks higher returns on S. Korea bank accounts -source |
SEOUL, - Iran has asked South Korea to increase the interest rate on billions of dollars of its cash trapped in two government-owned banks, a Kor... |
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| Angolan oil exports to bounce from 15-mth low |
GENEVA, Aug 16 (Reuters) - Angola's crude oil exports are set to rise in October by around 100,000 barrels per day (bpd) from a 15-month low the ... |
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| Oil Rises Above $95 As Housing Permits Ease Economic Concern |
Oil climbed above $95 a barrel for the first time in three months as U.S. building permits reached a four-year high and equities advanced, adding... |
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| GAIL moves SC against PNGRB's decision |
New Delhi: GAIL India has moved the Supreme Court challenging the Appellate Tribunal for Electricity order that upheld the PNGRB's decision to ac... |
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| PSU oil cos incur losses of Rs 450 cr a day on sale of diesel, LPG |
State-owned oil firms are losing Rs 450 crore per day on sale of diesel and cooking fuels as fall in rupee and rise in international oil prices h... |
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| MRPL pays 70% premium to Mercator to haul Iran crude |
Bangalore: Ship owner Mercator Ltd is hauling crude oil from Iran at a 70% premium to spot market freight rates to Mangalore Refinery and Petroch... |
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| ONGC to sell 26% stake in KG block |
State-run Oil and Natural Gas Corporation (ONGC) will shortly farm out nearly 26 per cent stake in its KG-DWN-2004/6 block in the Krishna-Godavar... |
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| Videocon Ind seeking valuation for oil and gas assets |
Mumbai: In a late night filing on Tuesday to the Bombay Stock Exchange, Videocon Industries Ltd said that it was seeking a valuation for its oil ... |
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| TAPI will support energy independence of regional countries: U.S |
WASHINGTON, : The US has backed multi-billion TAPI pipeline project to transport natural gas from Turkmenistan to India, with a top official sayi... |
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| Rating punch? Diesel likely to get dearer by Rs. 5 per litre |
Fearing a further downgrade of India's credit rating if a burgeoning fiscal deficit is not contained, the government, under pressure to cut fuel ... |
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| Roskill: Petroleum Coke Capacity and Markets Set to Rise |
LONDON,The dynamics of petroleum coke supply are changing according to a new report from Roskill. New coking capacity and the reducing quality of... |
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| Essar Oil bets on refining heavier crude oil to improve margins |
MUMBAI, : Essar Oil is likely to report a robust increase in the gross refining margin for the second quarter. For this, the company is betting o... |
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| Essar Oil signs Rs 6,660-crore oil deal with Colombian firm |
Colombia's Ecopetrol will sell 12 million barrels of its Castilla crude oil to India's Essar Oil over a year, in a deal worth around $1.2 billion... |
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| DGH raises red flag over Cairn India production |
The Directorate General of Hydrocarbons (DGH) has expressed concern over Cairn India not hitting a peak production of 175,000 barrels per d... |
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| PetroSA, Cairn India sign Orange Basin farm-in deal |
JOHANNESBURG: South African state-owned oil firm PetroSA and Cairn India Group have signed a farm-in deal for crude oil and natural gas explorati... |
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| OPEC delays delicate talks on picking new secretary general |
LONDON/DUBAI, - OPEC has delayed a meeting of officials to help select its new secretary general, delegates from the oil producers' group s... |
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| White House dusting off plan for potential oil release |
WASHINGTON: The White House is "dusting off old plans" for a potential release of oil reserves to dampen rising gasoline prices and prevent high ... |
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| Crop Damage Sparks Fuel Versus Food Debate |
Dry conditions that continue to grip Midwestern states, damaging crops and threatening to push up food prices, stirred new debate this week after... |
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| Iraq gives Total ultimatum over Kurdish oil deal |
AFP reported that Iraq gave French energy giant Total an ultimatum to either end its dealings with the autonomous Kurdistan region in the north o... |
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| Crude oil at three-month high on US supply woes |
Oil steadied near three-month highs on Thursday, supported by worries over possible disruptions to supply from the West Asia and a steep fall in ... |
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