Backed by trading infrastructure and institutional structures, Singapore has emerged as the preferred Asian liquefied natural gas (LNG) trading hub, according to a survey firm Deloitte
Paving the way for easy exploration of oil and gas reserves in forest areas, the Union environment ministry has said that seismic surveys done for the purpose will not be regulated under the Forest (Conversation) Act, 1980
The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 49.56 per barrel (bbl) on 03.05.2017
The Securities Appellate Tribunal today admitted Reliance Industries’ plea against a Sebi order banning it from equity derivatives markets and will hear the matter next on August 8, with the firm saying it should be allowed to invest its surplus funds, including through mutual funds.
Petrol and diesel prices in five cities are currently being revised daily on a pilot basis which started from May 1.
The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 50.36 per barrel (bbl) on 02.05.2017.
The Indian Oil Corporation will set up a Rs 600-crore plant for the production of second generation ethanol in Haryana.
India plans to order about a quarter less Iranian crude oil than it bought last year, people familiar with the matter said, as state refiners cut term purchase deals over a row between New Delhi and Tehran on development of a natural gas field.
Petrol pump row: Stop looting customers or face punitive action, Srikant Sharma warns filling station owners
Uttar Pradesh minister Srikant Sharma on Tuesday commented on the rising situation of petrol theft in the state and issued a stern warning to petrol pump owners who indulged in the act of thievery, asking them to “stop looting customers or face punitive action”, according to to the PTI.
Sudan has denied India’s ONGC Videsh Ltd an extension of licence to operate an oilfield as it sought higher royalties and taxes to make up for revenue lost due to drop in oil prices