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
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
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.
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
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
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
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
