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India's Russian oil import rebounds in Oct after dip in Q2

India's crude oil imports from Russia strengthened in the first half of October, reversing a three-month slide in arrivals seen during July-September as refineries were back on full stream to meet......

GAIL, CPCL refuse to comply with KG-D6 order

In a setback to the Oil Ministry, gas utility GAIL and refiner CPCL have expressed their inability to deduct $115 million from the amount due to Reliance Industries to make up for the additional......

CPCL to invest Rs 2400 cr during 10th Plan

Chennai Petroleum Corporation Ltd, a subsidiary of the Indian Oil Corporation, is planning an investment of Rs 2400 crore (Rs 24 billion) during the 10th Plan period, M S Ramachandran, chairman of......

BPCL divestment completely off the table, says Hardeep Singh Puri

BPCL is a high revenue-earning public-sector undertaking (PSU) and plans to privatise it are completely off the table, Petroleum and Natural Gas Minister Hardeep Singh Puri said on Tuesday after......

Govt plans to stop RIL from selling crude to Jamnagar refinery

The Oil Ministry is considering ordering Reliance Industries to stop selling KG-D6 crude oil to its Jamnagar refinery and instead sell it to Chennai Petroleum Corp Ltd (CPCL) at lower rates. The......

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