Oil traders’ worries over record supplies arriving Asia just as the outlook for its key growth economies weakens have pulled down global crude benchmarks by a quarter since early October.
India’s foreign secretary Vijay Gokhale said on Wednesday the country is open to importing more oil and gas from the United States. “We expressed our readiness to import more gas and more oil from United States
Energy services group ENGIE Tuesday announced that it has acquired a controlling stake in Simpa Energy India Pvt Ltd and is investing to fund geographic expansion and accelerate growth.
PTC India’s standalone net profit dipped 27 per cent to Rs Rs 95.69 crore for the quarter ended on September 30, 2018, compared to the year-ago period due to lower dividend income from subsidiaries.
Anywhere around $70 per barrel for Brent crude oil and around $60 for US West Texas Intermediate (WTI) is a good level to buy for the short-to-medium term perspective, says Navneet Damani, AVP- Commodity Research
The national capital, routinely suffering from the toxic air caused by coal burning and vehicular exhaust, witnessed yet another bad day on Tuesday. The official data maintained by the Centre-run System of Air Quality and Weather
Fuel prices continued to witness a decline on Tuesday in the national capital as well as Mumbai. In New Delhi, petrol is being sold 13 paise lower than the previous rates at Rs 77.43 per litre, while diesel is being sold at Rs 72.19 per litre after a 12 paise decline.
A week after the Cabinet approved filling the underground strategic oil reserve at Padur in Karnataka by foreign oil companies, Abu Dhabi National Oil Co (ADNOC) on Monday signed an initial agreement with Indian Strategic
Prime Minister Narendra Modi on Monday inaugurated two important roads, having a total length of 34 kilometres and built at a cost of Rs 1,571.95 crore, in his Lok Sabha constituency Varanasi.
ABB India’s power management technology is enabling the return of competitive international cricket to Lucknow at the new Ekana International Cricket Stadium and Sports Complex.