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MRPL swings to profitability on robust refining margins
Mangalore Refinery and Petrochemicals Ltd (MRPL) on Wednesday reported return to profitability in t…
PTI
India to release 5 million barrels of crude oil from strategic reserves on US request
This is the first time ever that India, which stores 5.33 million tonnes or about 38 million bar…
PTI
ONGC set to merge refining subsidiary MRPL with HPCL by June 2021
Sources said that the process of merging ONGC's two oil refining subsidiaries, HPCL and MRPL, wi…
Iran to cut benefits on oil sales to India. Here's why
Cutting Purchases India's overall oil imports from the Persian Gulf nation touched 19.8 million ton…
Iran ends free Oil shipping deal with India
However, the country will continue to ship the oil in its tankers but will charge a discounted tari…
Indian oil refineries pay $700 million to Iran
This is the final installment before India eases international sanctions against the Persian Gulf c…
Mukesh Ambani & Anil Agarwal lose ₹1.17 lakh crore in a few hours as government slaps two different oil taxes
It also brought in export oriented petroleum units like Reliance’s Jamnagar refineries – which…
Pradhan speaks to Saudi Oil Min for uninterrupted crude, LPG supplies
"Had a video conference with HRH Prince Abdulaziz, Saudi Minister of Energy and Mr Amin Nasser, Pre…
PTI
IOC declares force majeure on oil purchases from Saudi, UAE, Iraq, Kuwait
The company has reduced processing at its refineries by at least one-fourth as shutting down of bus…
PTI
ONGC, HPCL buy out bankers in Petronet MHB for Rs 371 cr
"The company has entered into a share purchase agreement dated February 27, 2020, with consortium …
PTI
Top stocks to watch — RIL, IndiGo, Tata Group, SpiceJet, Angel Broking, Dixon Tech, MPCL, and others
Amidst mixed cues from the global markets, the Indian equities are likely to open flat on Friday. T…
India uses low crude prices to stockpile 32 million tonnes of oil
India is the world's third-biggest oil importer and is reliant on foreign nations to meet 85 per ce…
PTI
Top stocks to watch — HDFC, HUL, Britannia, ACC, MRPL, ONGC, Coal India, and others
Amidst mixed cues from the global markets, the Indian equities are likely to open lower on Tuesday.…
ONGC Q3 net halves on fall in oil, gas prices, output
Consolidated profit, after including earnings of listed subsidiaries such as Hindustan Petroleum C…
PTI
GAIL to invest over Rs 45,000 cr to create infra for gas-based economy
New Delhi, Jan 22 () GAIL India Ltd, the country's largest gas utility, plans to invest over Rs 45,…
PTI
India’s refiners will bypass US sanctions by paying for Iranian oil in rupees
As the US-led sanctions are set to take into effect in November, the Indian government has b…
India’s newest frog species may have been introduced from Southeast Asia
The research team that consists of 6 members, found that these frogs live exclusively within t…
Iran stops free shipping of crude oil to India
Iran had in November 2013 offered free delivery of crude oil to Indian refiners as tough Western …
India to ask for rights to invest in oil reserves in Iran
India is on its way to ask Tehran for rights to develop ONGC-discovered Farzad-B gas field in the P…