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......
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......
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......
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......
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......