Keyword : Crude Oil

Petrol & diesel prices cut, crude oil down

Oil marketing companies have cut petrol prices by 49 paise per litre and diesel will be cheaper by Rs 1.21 a litre even as crude prices in the international market continue to react to Iran nuclear

ONGC, OIL to face royalty burden worth $1 bn

 Government-owned Oil and Natural Gas Corporation Limited (ONGC) and Oil India Limited (OIL) will face an additional royalty burden of more than $1 billion.   The Na

GAIL to tie up with US firm for new gas power generation technology

State-owned GAIL (India) Ltd will tie up with California-based firm Bloom Energy Corp. on Monday to pursue natural gas-based fuel cell power generation, a new technology.  

Numaligarh Refinery expansion plan approved by govt

The government has given approved the project for capacity expansion of Numaligarh Refinery from 3 MMTPA (million metric tonne per annum) to 9 MMTPA.    The plan env

EIL inks a pact with Mongolia for consultancy for oil refinery

An agreement was inked between the ministry of petroleum and natural gas’s PSU Engineers India Ltd and the Government of Mongolia through Mongol Refinery, state owned LLC on the sidelines of

IOCL finalises term contract for import of US crude oil grades

IndianOil Corporation has finalised a term contract for import of up to three MMT (million metric tonnes) of crude oil of US origin grades to diversify term crude sources in 2019-20 fiscal. The e

IOCL’s R&D centre files its 1,001th patent

Faridabad-based research and development centre of Indian Oil Corporation`s (IOCL) added another feather to its cap after it filed its 1,001st patent, the first among Indian oil and gas PSUs to do



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