7 Indian firms in Fortune 500 list

Richest Indian Mukesh Ambani-led RIL was the top private sector company from the country as it jumped from 203rd rank last year to 148th. Seven Indian companies have made it to the latest Fortune......

7 Indian firms among world's biggest, Rajesh Exports beats ONGC

Indian Oil Corp is ranked highest at 161st in the Fortune 500 list. IMAGE: Indian Oil Corp is ranked highest among Indian companies. Photograph: Reuters     Seven Indian companies......

China's H1 crude output drops to lowest since 2010

On a daily basis, China pumped 4.07 million barrels in the first six months, roughly 179,000 bpd less than a year earlier, according to calculations based on the official data. China's domestic......

India makes first crude oil purchase for strategic reserve

India's fast-growing economy has become the world's fourth-largest oil consumer after the United States, China and Japan. India has bought the first oil for its strategic petroleum reserve (SPR),......