Investors of state-run Oil and Natural Gas Corp. Ltd (ONGC) have had little luck with the stock for some time now.
The three troop into a conference room at the Maker Village, an electronics hardware incubator, full of confidence and eager to talk about their venture.
The government has reappointed A K Sharma as the Director (Finance) of Indian Oil Corp (IOC) – a first under Prime Minister Narendra Modi when a PSU director has been reemployed in the same position after retirement.
India has been importing 620,000 barrels of Venezuelan crude oil a day since early February, up 66 percent from the previous month, the NDTV news channel reported.
The Punjab government on Monday slashed the rates of petrol and diesel by Rs 5 and Re 1, respectively in the annual budget presented for the state. The reduced rates will be applicable from midnight, Finance Minister Manpreet Singh Badal said.
India’s Bharat Petroleum Corp Ltd has bought a gasoline cargo for first-half March arrival, two trade sources said on Monday. BPCL bought late last week 35,000 tonnes of 91.5-octane gasoline at a low single-digit premium to Singapore quotes on a cost-and-freight (C&F) basis, said the sources.
Ruia brothers-owned Essar Oil and Gas Exploration and Production (EOGEPL) is planning to exploit prospective 7.7 Trillion Cubic Feet (Tcf) of shale resources from its flagship Raniganj East block at a cost of $1 billion, Chief Executive Officer Vilas Tawde told ETEnergyworld.
Indian Oil Corp (IOC) bought a commissioning cargo of liquefied natural gas (LNG) for its new Ennore terminal in south India, three industry sources said on Monday.
India is feasting on Venezuelan oil, after the U.S. imposed a de facto ban on crude imports from the Latin American nation. While flows to the U.S. came to a halt, India became the No. 1 buyer of Venezuelan crude
Indian Oil Corp, the country’s top refiner, has signed its first annual deal to buy up to 3 million tonnes or 60,000 barrels per day of U.S. oil, its chairman Sanjiv Singh said on Monday.