Petrol and Diesel prices were hiked in four metro cities after two days of pause, applicable from 6:00 a.m. on 13th August 2018.
Aviation watchdog DGCA has allowed the use of taxibots — a semi-robotic vehicle — to tow aircrafts, whose engines will be shut, from the parking bay to the runway holding pointing to curb pollution at airports and save fuel.
The state government is likely to wind up the Kerala GAIL Gas Ltd (KGGL), floated towards the end of 2011 to execute ‘city gas’ projects in different parts of the state.
Eastern India is likely to garner a substantial part of the Rs 70,000-crore investments expected to be made by the winners of the ninth round of city gas distribution bidding. The government is partially funding the construction of the pipeline to boost gas consumption in the region.
Monetization of heavy oil discovered from the oldest sedimentary rock of Rajasthan now seems a reality with trials for producing heavy oil from 570 million year old rock beds being started by Oil India Limited (OIL).
State-run Bharat Petroleum Corp Ltd (BPCL) has been given green nod for setting up a second generation ethanol plant in Odisha that would entail an investment of Rs 747.46 crore, according to a senior government official.
The first U.S. sanctions have been reimposed on Iran with little sign of either side softening its position.
In a rebuff to BP plc, an international tribunal has held that the British energy giant cannot claim any legal cost from the Indian government as it was never part of an arbitration its partner Reliance Industries filed in the gas migration row with ONGC.
State-run Hindustan Petroleum Corp. Ltd (HPCL) has sought shareholder nod to borrow as much as ₹ 12,000 crore by selling debentures and bonds, according to its FY18 annual report.
Indian Oil Corporation Ltd’s Q1FY19 Standalone Net Profit Rises 50.18% Yoy To Rs6,831.10cr: Beats Estimates
Indian Oil Corporation Ltd. reported Q1FY19 results beating street estimates.