On the National Stock Exchange (NSE), Credo India Thematic Fund purchased 4,589,157 shares of Gulf Oil Corporation
Category: Oil & Gas
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Power plants may get KG D6 gas in rotation
Union Petroleum Ministry decided to allocate the scarce natural gas produced from the Reliance Industries' KG-D6 field on a rotation basis to power plant
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SC to hear IGL-PNGRB case on Nov 21
The next hearing of the Supreme Court case regarding dispute between Petroleum and Natural Gas Regulatory Board (PNGRB) and Indraprastha Gas (IGL) is sche
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BHEL to supply gas turbine generators
In an official statement, Bharat Heavy Electricals (BHEL) said it would supply gas turbine generator (GTG) and associated auxiliaries to
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IOC posts Rs 96 bn net profit
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
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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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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