Last Updated: Tuesday, March 31, 2015, 19:35
Indian oil and gas major Reliance Industries said on Tuesday it had signed an agreement with Myanmar for a production sharing contract for two offshore blocks.
Last Updated: Friday, March 27, 2015, 15:04
The government regulates price of cooking fuels -- LPG and kerosene -- to shield the poor.
Last Updated: Friday, March 27, 2015, 12:19
India regulates retail prices of liquefied petroleum gas and kerosene to keep prices under check.
Last Updated: Wednesday, March 25, 2015, 17:28
About a dozen candidates, including top directors at gas utility GAIL India and Chairman of Oil India, are in the race to become the Managing Director and CEO of Petronet LNG, the nation's biggest liquid gas importer.
Last Updated: Wednesday, March 18, 2015, 21:23
India is set to import 8 million barrels of Iraqi oil to fill its first strategic petroleum reserve (SPR), taking advantage of cheap prices and lending some support to a market suffering from oversupply.
Last Updated: Tuesday, March 17, 2015, 16:52
Oil Minister Dharmendra Pradhan is likely to visit Mozambique next month to press the African nation to quickly ratify a law that will help Indian firms proceed with multi-billion dollar gas project.
Last Updated: Sunday, February 15, 2015, 15:12
Net profit stood at Rs 498.28 crore, or Rs 8.29 per share, in October-December 2014 compared to Rs 902.96 crore, or Rs 15.03 a share, in the same period a year ago, the company said in a statement here.
Last Updated: Friday, February 13, 2015, 16:02
Palm oil imports fell 21.25 percent to 6,58,670 tonnes in January due to spurt in global prices of crude palm oil (CPO), Solvent Extractors' Association (SEA) said Friday.
Last Updated: Thursday, February 5, 2015, 14:43
Oil prices have declined by nearly half in the past six months.
Last Updated: Friday, January 9, 2015, 19:27
Shares of Oil India Ltd and ONGC Friday rose by about 3 percent following a report that government is likely to exempt the state-run firms from payment of fuel subsidy during the rest of the fiscal due to steep decline in global oil rates to around USD 50 per barrel.
Last Updated: Tuesday, January 6, 2015, 20:48
Oil and gas stocks suffered heavy losses Tuesday, declining by up to 6 percent amid a massing sell off in equity markets, as global oil prices fell below the USD 50-mark.
Last Updated: Thursday, December 25, 2014, 18:15
The government has hiked import duty on both crude and refined edible oil by 5 percent to protect the interest of domestic farmers and oil processors amid fall in global prices, a move that may lead to rise in retail prices.
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