An arduous second half awaits oil marketing firms

The medium-term scenario for oil marketing companies (OMCs) is high risk due to the surging crude and gas prices. Photograph: Francis Mascarenhas/Reuters Apart from OPEC-plus cutting production,......

IOC to build India's first green hydrogen plant

India's largest oil firm IOC will build the nation's first 'green hydrogen' plant at its Mathura refinery, as it aims to prepare for a future catering to the growing demand for both oil and cleaner......

Fitch Ratings raises Reliance's outlook to positive

The rating affirmation reflected RIL's strong business profile - a large-scale refinery with a capacity of around 1.2 million barrels a day and dominant market position in petrochemicals. Fitch......

It's payback time for Reliance

Market cap touches Rs 5 lakh crore; earnings growth to spurt in FY19 Reliance Industries’ (RIL’s) market capitalisation touched Rs 5 lakh crore, becoming the first listed stock to do......