Oil Price Rise To Impact User Firms

Oil Price Rise To Impact User Firms

Once again crude oil prices started firming up. The price of benchmark Brent oil has gone up 35% from its 52-week low of $44.43 a barrel. In fact, it has gone up by 109% from its two-year low of $28.94 reached in January 2016.

Vedanta To Invest $9 Billion In India, Says Anil Agarwal

Vedanta To Invest $9 Billion In India, Says Anil Agarwal

Vedanta Resources Plc will invest roughly $9 billion in India over the next few years to expand its hydrocarbons, metals and mining businesses and meet more of India’s requirements of these commodities locally, executive chairman Anil Agarwal said in an interview.

ONGC Cash Course To Fund HPCL Buy

ONGC Cash Course To Fund HPCL Buy

State-owned explorer ONGC Ltd could borrow about Rs 25,000 crore to acquire downstream refiner HPCL, which will create the country’s first integrated oil and gas company.

IOC Gets Green Nod For Rs 273cr KSPL Augmentation Project

IOC Gets Green Nod For Rs 273cr KSPL Augmentation Project

State-owned Indian Oil Corp(IOC) has been given green nod for augmenting its Koyali-Sanganer pipeline (KSPL) capacity up to 6 million tonnes per annum (MTPA) from existing 4.6 MTPA at a cost of Rs 273.23 crore, a senior government official said today.

EESL Invites Snap Bid For Electric Vehicle Charging Station

EESL Invites Snap Bid For Electric Vehicle Charging Station

The government has called a snap bid for procurement of electric vehicle chargers on October 30 to ensure ready availability of charging stations by next month, as vehicles from the first phase of electric vehicles tender start coming in.

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