Refining margin is the difference in prices of crude oil and finished products. More exposure to diesel behind less fall in Indian refining margins.
'Biden's promise of returning to 'normalcy' after Trump appears to mean that the same old politicians, who are responsible for the 'endless wars' in Afghanistan, Iraq and Syria, are being brought out of the woodwork after four years,' notes Ambassador M K Bhadrakumar.
Minister of State for Petroleum and Natural Gas Jitin Prasada, who led the roadshows in the US and Canada, said the roadshows for 70 blocks offered in NELP-VIII and 10 coal bed methane blocks received overwhelming response from investors.
The government was planning to come up with a new fiscal model giving 'special incentives' for fields that were given out on nomination to ONGC and Oil India, reports Shine Jacob.
Asking India's Reliance Industries and other energy firms doing trade with Iran to choose either Tehran or Washington, US Senators have moved a bill aimed at penalising such companies.
The five-year BP outsourcing deal for $1.5 billion (Rs 7,500 crore) is the best piece of news that the outsourcing industry has had since the global recession began. It tells the country that outsourcing, and its companion off-shoring, are here to stay.
There will be a strong focus on buying uncapped Indian players with eight franchises gearing up to pick a maximum of 76 out of the 350 plus, who will go under the hammer at the auction for the 10th Indian Premier League.
Denied adequate preparation time in India, the West Indies would look to utilise all their resources when they take on Board President's XI
Ayodhya, the birth place of Lord Ram, would virtually be turned into a fort as unprecedented security arrangements have been made for 'sawan jhula mela' after intelligence reports of a probable extremist activity during the festival, slated to begin in Ayodhya from August 4.
Oil prices could hit $100 a barrel by the end of next year.
Plant foods are rich in whole grains, fruits and vegetables, which provide many essential nutrients including fibre, says nutritionist Komal Jethmalani.
The government has slapped an additional penalty of $792 million on Reliance Industries for producing less than targeted natural gas from its eastern offshore KG-D6 block.
Attainment of growth and price stability through isolated measures by RBI may not be the most effective way
Most of the companies are Chinese and surprisingly all are diversified banks.
Shameem Akthar digs into her sadhana kit for an immunity-boosting sequence.
The government on Monday received 181 bids from global and domestic oil majors, including ONGC, Reliance Industries, Essar, BP Plc and BHP Billiton, for oil and gas exploration blocks under the seventh round of NELP auction.
While the COVID-19 pandemic has completely halted production and new orders, exporters say that payments have also been delayed for the shipments sent before the lockdown. Exporters say some customers are not taking delivery of the shipments because they have shut shop. Ready-made garment players had been hoping for a revival in demand in China but with the virus spreading to Europe, the US and other major markets, there are no orders coming from the major retailers.
Indian Cricket League (ICL) on Monday filed a statement of claims before the arbiter, seeking damages of Rs 4 crore from Pakistani cricketer Mohammad Yousuf for alleged breach of contract.
'Florence Nightingale made her mark serving wounded soldiers in a war.' 'This is our time to serve in another health crisis.'
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The Management Committee headed by Director General of Hydrocarbons R N Choubey refused to take a view on appointment of renowned reservoir consultants Ryder Scott, DeGolyer and MacNaughton, Gaffney, Cline & Associates or Netherland, Sewell & Associates to ascertain if RIL's claims of fall in reserves are actually true or the firm was hoarding gas by producing less, official sources said.
Sunita Roy Chowdhury lets you know how you can stay healthy this festive season.
A common misconception is that dieting helps you reduce weight.
Fitch reaffirmed India's rating at 'BBB-' with a Stable Outlook saying the rating balances a still strong medium-term growth outlook compared with similar category peers and relative external resilience stemming from solid foreign-reserve buffers against high public debt, a weak financial sector and some lagging structural factors, including governance indicators and GDP per capita.
Launching a major global initiative for attracting foreign investment in the hydrocarbon sector, India on Monday held a roadshow in London for auctioning 55 oil and gas exploration blocks.
"It happens that there is a break in the rainfall pattern," says BP Yadav, who crunches the relevant numbers at the Indian Meteorological Department in New Delhi.
India's batting line-up poses a 'big threat' and Australia need to score huge runs to counter the hosts during the five-match ODI series beginning on September 17, all-rounder Marcus Stoinis said on Tuesday.
'Reliance on crude oil is still very high. Globally, natural gas is 25 per cent of the energy basket. In India, it has fallen to 6.5 per cent, from 11 per cent in 2014.'
The length of the main trunk pipeline is 1,385 km from Kakinada to Bharuch and 75 km is the length of the spur lines.
The judge orally observed that the obtaining of this kind of benefit by any such nominee-director raised an important question of morality and, equally, of law.
The government will sign contracts on Tuesday for exploitation of gas trapped below coal seams in nine areas with three consortia, including one led by Anil Ambani Group companies.\n
Make these simple lifestyle changes and lead a healthy life.
Britain's vote to leave the European Union means uncertainty for markets and companies as London initiates at least two years of negotiations with the EU.
'As fun and funny as it is shooting, it's as scary when you watch it.'
BPOs provide some serious career options and a competitive edge to your career.
RIL's Dhirubhai-34, or R-Cluster field, in the flagging KG-D6 block was to produce about 13 million standard cubic metres per day of gas, equivalent to present day output from D1&D3 as well as MA fields, by 2017-18.
Ratan Tata, who heads the biggest industrial conglomerate in India, on Tuesday joined an elite group of global business leaders like Microsoft chief Bill Gates and BP Group CEO Lord Browns
The company had assets in countries like Yemen, Peru, Oman, Myanmar, Columbia, East Timor, Kurdistan and Australia, but it exited almost all these blocks later as part of its portfolio rationalisation
Talented Mumbai batsman Shreyas Iyer with an attacking 138 stole the show on the final day on Friday as the team's Ranji Trophy Group 'C' match against Tamil Nadu petered out to a draw at the Sharad Pawar Cricket Academy BKC in Mumbai.
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