Following the reimbursement of oil subsidy by the union government, public sector refiner Indian Oil Corp (IOC) posted a net profit of Rs 9,611 crore in the quart
Author: admin (Infratructure Today)
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Essar Oil raises refinery capacity
At a presentation to analysts, Essar Oil said it
stabalised operations at its Vadinar refinery in Gujarat at an expanded capacity of 20 million tonne per annum (mn
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Ministry aims to reduce oil import
Petroleum Minister M Veerappa Moily said the government plans to reduce the import dependence for crude
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Oil futures decline on subdued economic condition
At the international market, crude oil prices declined in recent session because of expectation that the subdued world economic condition may
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Fall in output hits earnings of OVL
According to a company statement, for the Apr-Sep 2012 period, the net profit and sales of ONGC Vides
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OMCs to revise petrol price
Oil Marketing Companies (OMCs) would revise the price of petrol soon in view of the changes in the rupee exchange rate, international gasoline prices
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BP withdraws from 9 blocks
After initial assessment, UK's BP decided to withdraw from 9 oil and gas blocks in which it bought stake from Reliance Industries (R
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Economy may grow 5-6% next yr
According to a joint survey by Confederation of Indian Industry (CII) and McKinsey & Co, Indian economy may expand 5-6
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Bank to raise corporate business
Bank of Maharashtra aims to increase the share of corporate sector in its overall business to 50 per cent this financial year from the current 42 per cent
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Earnings of banks came under pressure in FY12
Key earnings parameters of scheduled commercial banks (SCBs) came under pressure during 2011-12 because of slowdown in the