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Reliance to start gas production from R-Cluster in 2nd half of FY21
Reliance and its partner BP Plc had in 2017 announced an investment of Rs 40,000 crore in three sets of discoveries.
19 Apr 2019 6:14 PM
Indian refiners turn to OPEC, Mexico, US to make up Iran oil gap
Refiners have not yet placed orders for Iranian oil for May, when current waiver expires, pending clarity from US.
17 Apr 2019 4:53 PM
ONGC arrests fall in oil output from onshore wells, posts higher growth
ONGC produced 6.141 million tonnes of crude oil from its onshore fields despite majority of them being more than 50 years old.
14 Apr 2019 12:06 PM
Overhauled oil policy to apply from 4th bid round: DGH
Union Cabinet had in February approved a policy for awarding blocks based on exploration commitment such as drilling of wells.
09 Apr 2019 3:27 PM
Saudi minister says oil market headed for 'balance'
Saudi Energy Minister Khalid al-Falih said he did not "think we need to" when asked if kingdom was prepared to make additional cuts.
08 Apr 2019 3:34 PM
DGH seeks data on ONGC's top 47 fields after rejection of bid to privatise fields
DGH has asked data on its top 47 fields to monitor production and projects to raise output, an official order said.
31 Mar 2019 2:59 PM
ONGC's Mumbai High, Vasai East came close to being sold, stopped after opposition
The proposal brought before the panel was to boost stagnant output from ageing fields of public sector oil companies.
14 Mar 2019 3:07 PM
With new trade tensions with US looming, India looks to extend Iran loan-waiver
India wants to keep buying Iranian oil at its current level of about 300,000 barrels per day.
08 Mar 2019 1:06 PM
India's diesel demand to hit record highs in 2019 as country goes to polls
India’s economy is expected to grow by 7.2 per cent in the 2018-19 financial year versus 6.7 per cent the previous year.
01 Mar 2019 1:13 PM
Oil rises on OPEC-led supply cuts, but economic weakness weighs
Traders said oil markets were currently tightening.
01 Mar 2019 12:30 PM
Oil advances as OPEC set to continue supply cuts despite US pressure to ease
International Brent crude futures were at USD 65.48 per barrel, up 27 cents, or 0.4 per cent from their last close.
27 Feb 2019 2:30 PM
Oil pushed up by deepening OPEC cuts, sanctions on Venezuela
OPEC on Tuesday cut its forecast for 2019 world economic growth by 0.2 percentage point to 3.3 percent.
13 Feb 2019 2:11 PM
Modi pitches for responsible oil pricing for affordable energy
The world for long has seen crude prices on a roller-coaster: Prime Minister Narendra Modi.
11 Feb 2019 1:37 PM
Govt move to unlock ONGC, OIL gas
Govt's plan to offer PSUs special incentives for natural gas discoveries in difficult, unviable areas will raise natural gas production.
10 Feb 2019 3:49 PM
Oil falls as US maintains record output, inventories climb
US crude oil production remained at the record 11.9 million barrels per day (bpd) it reached in late 2018.
07 Feb 2019 10:28 AM
Oil PSU capex drops to 4-yr low for 2019-20
Oil PSUs had invested Rs 89,180 crore in 2014-15.
03 Feb 2019 6:30 PM
Oil prices inch up on Saudi output cut, but slowing economic growth drags
Brent crude oil futures LCOc1 were at $72.81 per barrel at 0515 GMT, up 20 cents, or 0.3 per cent.
14 Aug 2018 11:59 AM
Oil rises ahead of renewed US sanctions against Iran
Spot Brent crude oil futures were at $73.88 per barrel at 0241 GMT on Tuesday, up 13 cents, or 0.2 per cent.
07 Aug 2018 10:38 AM
Cooking oil could prevent bacteria from growing on food processing equipment
Cooking oils like olive or canola provide a safer option for cleaning food-processing equipment than the harsh chemicals and disinfectants
01 Aug 2018 11:37 AM
US oil prices inch up on fall in local crude stockpiles
US West Texas Intermediate crude CLc1 was up 10 cents, or 0.2 per cent, at $65.62 a barrel.
06 Jun 2018 8:42 AM
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Royal Birthday: Queen Elizabeth II turns 93 on Easter
OnePlus 7 launch details could be announced on April 23
Why will Amazon delivery drivers take a selfie with you?
It’s official! Adele has parted ways with husband Simon Konecki
Northern Ireland – Mecca for ‘Game of Thrones’ fans
Blind Japanese sailor completes Pacific voyage without interruption
On Priyanka Gandhi's campaign trail
Narendra Modi launches 2019 Lok Sabha poll campaign
RIP Manohar Parrikar (1955-2019)
Saudi Crown Prince's visit to strengthen Indo-Arab ties
70th Republic Day 2019: India displays diveristy at Rajpath in New Delhi
World Aids Day: Here's how the day was commemorated
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