US lowers estimate of domestic crude oil output

Last Updated: Monday, August 31, 2015, 23:18

The US government cut its estimate of domestic oil production on Monday, helping send crude prices sharply higher.

Cairn to invest Rs 1,400 crore to raise oil, gas carrying capacity

Last Updated: Wednesday, August 26, 2015, 16:03

Cairn India is set to expand its crude oil and natural gas carrying capacity by laying a new gas pipeline from its Barmer (Rajasthan) field with an investment outlay of Rs 1,400 crore.

Infra sector output shrinks 0.4% in April

Last Updated: Monday, June 1, 2015, 17:54

The growth rate of core sector industries has been declining since November last year. It was 6.7 percent in November 2014, which fell to 2.4 percent in December 2014 and then to 1.8 percent in January and 1.4 percent in February.

OPEC crude oil output rises to 31.39 mbpd in March

Last Updated: Saturday, April 7, 2012, 15:24

Crude oil production in the Organization of Petroleum Exporting Countries (OPEC) averaged 31.39 million barrels per day (b/d) in March, according to Platts survey.