Oil & gas

Petrol price cut by 32 paise a litre; diesel to cost 28 paise more

17 Feb 2016

Russia, Saudi agree to oil output freeze

16 Feb 2016

The shock Russia-Saudi oil deal to freeze output has sent shock-waves through the market, pushing North Sea Brent prices down

Oil powers higher as produces flock to Doha for crucial meet

16 Feb 2016

Though Russia, which is outside the Opec and is the world's top crude oil producer, has long refused to cut output, it has now signalled that it is not averse to cooperating with Opec

Natural gas price in India seen falling 17% to $3.15 in April

15 Feb 2016

Oil may bounce back from 12-year lows as Opec mulls output cut

13 Feb 2016

UAE's Adnoc to store oil in India, give it two-thirds free

11 Feb 2016

Adnoc is looking for safe and close storage facility and is keen on taking half of the 1.5-million tonne Mangalore storage facility where it can store oil for trading

Crude oil gains on likely Saudi-Iran deal on production cutbacks

10 Feb 2016

Essar Oil dodges rumours, says Rosneft due diligence still on

10 Feb 2016

Govt sees North East economy leveraging petroleum sector growth

10 Feb 2016

ONGC, Oil India exempted from fuel subsidy payment in Q3

09 Feb 2016

India exploring Australian gas supplies for clean, affordable power: Goyal

09 Feb 2016

Indian Oil's 15 mtpa Paradip refinery dedicated to nation

08 Feb 2016

Shell Q4 profit falls over 45% to $1.8 bn as crude price fall bites

04 Feb 2016

For Shell, despite the cushioning effects of its large refining and chemicals businesses, each $10 a barrel change in the oil price has an impact of about $3.3 billion on annual earnings

SC revokes TN order, lets GAIL lay Kochi-Bangalore pipeline

03 Feb 2016

Dominion Resources to buy natural gas company Questar Corp for $4.4 bn

02 Feb 2016

Airline stocks spurt as OMCs cut jet fuel price by 12%

02 Feb 2016

Russia weighs Opec proposal for oil production cutbacks

29 Jan 2016

A combined reduction in oil production could immediately reduce global supplies of crude oil by around 1 million barrels per day

Enbridge to buy Murphy Oil's gas plants and pipelines in British Columbia for C$538 mn

28 Jan 2016

Low oil prices put ONGC Videsh in a bind

28 Jan 2016

Oil PSUs to set up country’s biggest refinery in Maharashtra

27 Jan 2016

Round-the-clock online payment facility for LPG refill bookings introduced

25 Jan 2016

Petrobras close to selling 36% stake worth $892 mn in Braskem

23 Jan 2016

Petrobras had last year decided to sell $15.1 billion of assets by the end of 2016 in order to fund expansion and pay off its massive debts

India looks to Africa to meet future oil demand

23 Jan 2016

Jaitley unfazed by Cairn suit for $1 bn damages

20 Jan 2016

RIL’s Q3 net zooms 38.7% to Rs7,290 crore boosted by record refining margins

19 Jan 2016