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
FlashNews:
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Essar Oil raises refinery capacity
Ministry aims to reduce oil import
Petroleum Minister M Veerappa Moily said the government plans to reduce the import dependence for crude
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
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
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
Ministry may urge ONGC to decommission project
Agency reports suggest that the union environment ministry would urge ONGC to decommission an abandoned pipeline project in the Nagapattinam district of T
Pratibha Shipping may seek funds from banks
Media reports suggest that Pratibha Shipping approached a few banks to secure funds for undertaking salvage operations of its small oil tanker and to meet othe
Minister hopes RIL would comply with audit
Union Petroleum Minister M Veerappa Moily expressed hope that Reliance Industries (RIL) would comply with the audit by Comptroller & Auditor General (CAG
Ministry to protect govt interest in RIL issue
Union petroleum ministry said it would continue to protect the government's interest in all force in the matt
IOCL to begin work on Rs 97 cr project
According to a company source, Indian Oil Corporation (IOCL) has received environment clearance for its Rs 97 crore oil depot project at Jharsuguda in Odisha and work on it