Every country needs a strategic fuel reserve to tide over conflict, natural disaster or a potential economic blockade. India is well on its way to doing the same
The price of non-subsidised cooking gas (LPG) was hiked by a steep Rs 86 per cylinder today, reflecting international trends.
Oil prices rose on Wednesday as investors took heart from strict OPEC compliance with its pledge to cut output, although evidence of increasing U.S. production capped gains.
Petroleum Minister Dharmendra Pradhan will showcase India’s oil and gas field discoveries at a global energy conference beginning here next week.
Indian Oil Corporation on Wednesday has increased the non-subsidised LPG cylinder prices by Rs 86 for its 14.2 kg cylinder.
Towards realising a proposal contained in the Union Budget for 2017-18 for merging state-run oil and gas companies into a single entity
In his recent visit to Myanmar, Petroleum Minister, Dharmendra Pradhan has pitched for broader cooperation between India and Myanmar across the hydrocarbon value chain.
In trade and industry, economies of scale help all stakeholders. Companies benefit significantly as they enjoy more bargaining power with vendors and raw material suppliers because they procure in massive quantities.
Oil India Ltd (OIL) is once again gearing up to explore oil and natural gas reserves under the Brahmaputra, one of the most turbulent rivers in the world.
India produced 2,738 million standard cubic meter (mmscm) of natural gas in January 2017, registering a growth of 12 per cent over the same month last fiscal