Last Updated: Thursday, May 28, 2015, 12:14
Analysts expect inventories fell for a fourth consecutive week, by 2.0 million barrels, according to a survey by Bloomberg News.
Last Updated: Tuesday, May 26, 2015, 21:05
China Tuesday announced that it has discovered the country's largest tight oil deposit in northwest Shaanxi Province.
Last Updated: Tuesday, May 26, 2015, 18:11
The iron ore mines for the project was sent just three days before the new MMDR Act came into being, by then it was clear that mines would be allocated through auction route following modifications in the law.
Last Updated: Monday, May 25, 2015, 16:14
The Board of CPCL on Saturday decided to increase the authorised share capital of the company from Rs 400 crore (40 crore shares of Rs 10 each) to Rs 1,400 crore, the company said in a stock exchange filing.
Last Updated: Monday, May 25, 2015, 13:22
Of the 20 cities for which Petroleum and Natural Gas Regulatory Board (PNGRB) wanted to issue city gas distribution licenses, 8 did not get any bid while 4 others got single bids at the close of tender on Friday.
Last Updated: Monday, May 25, 2015, 12:26
The Chennai-based company had reported a net profit of Rs 49.81 crore during the corresponding period of the previous year, CPCL said in a BSE filing.
Last Updated: Friday, May 22, 2015, 11:44
Indian Oil Corp (IOC) will get Rs 2,932 crore subsidy and Bharat Petroleum Corp Ltd (BPCL) Rs 2,291 crore for selling fuel below cost in Q4 of 2014-15, but Hindustan Petroleum Corp Ltd (HPCL) will not get any support.
Last Updated: Friday, May 15, 2015, 18:54
Dealers claimed that there was a drop of about 15-20 percent in diesel sale of fuel pumps witnessed in border districts of Punjab after raised VAT.
Last Updated: Monday, May 11, 2015, 18:04
Indian firms have so far shied away from investing in Iran for the fear of being sanctioned by the US and Europe.
Last Updated: Tuesday, May 5, 2015, 10:13
Brent crude oil futures slipped by 8 cents to $66.37 a barrel by 0215 GMT, after touching a 2015 high of $67.10 on Monday.
Last Updated: Friday, May 1, 2015, 10:52
"It`s likely that the gains that we`ve seen might be getting close to an end point. Oil will probably find it difficult to sustain values much beyond the mid $60s."
Last Updated: Thursday, April 30, 2015, 17:32
State-owned Bharat Petroleum Corp Ltd (BPCL) Thursday said it has raised USD 500 million through fixed rate unsecured notes to fund its capital expenditure.
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