Fuel Price Hike: Indian Oil Responds To Tough Questions

Fuel Price Hike: Indian Oil Responds To Tough Questions

With petrol and diesel prices across the country having skyrocketed to historic highs, Sanjiv Singh, Chairman of the largest fuel retailer Indian Oil Corp (IOC) today faced a barrage of tough questions from the media during a press conference on the company’s fourth quarter results.

Serica says awaiting U.S. licence for Rhum field

Serica says awaiting U.S. licence for Rhum field

Serica Energy is still awaiting clarity on the impact of the renewal of U.S. sanctions on fields in the North Sea half-owned by a UK subsidiary of the National Iranian Oil Company and has put off the recompletion of one well as it waits for the result of U.S. approval applications, it said on Tuesday.