Singapore, Jan 23
Oil prices eased in Asian trade today as investors locked in profits after they hit their highest levels this year on forecasts of strong demand.
Analysts said traders will keep their eye...
Mumbai, January 22
Most oil refineries are waiting for the West to lift sanctions.
Singapore, Jan 21
Crude oil prices were mixed in Asian trade today on easing supply concerns as a landmark deal to curb oil-rich Iran’s disputed nuclear programme came into force.
The US benchmark contract...
Kolkata. Jan. 20
ONGC thinks the DGH should play an assertive role in settling disputes
Singapore, Jan 17
World oil prices eased in Asian trade today owing to supply concerns as non-OPEC members such as the United States ramp up production.US benchmark West Texas Intermediate crude for delivery...
New Delhi, Jan. 16
Wants refinery-chemical complex linked
Kolkata, Jan. 15
ONGC reported ‘initial discovery’ of gas in four wells in Madhya Pradesh. But the resources are concealed under hard rock cover, which makes extraction difficult.
Singapore, Jan 15
Oil prices slipped due to profit-taking in Asian trade today following a recent rally, while the return of Libyan crude boosted supplies and dented demand.
New York’s main contract, West...
New Delhi, January 14
The Minister for Petroleum and Natural Gas, M Veerappa Moily on Tuesday said the framework for the Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline project is being readied on a fast-track...
New Delhi, Jan. 13
Petroleum Secretary Vivek Rae did some plain speak at Petrotech 2014. Stating that India faces a deep energy crisis, he said the country has not yet gone to the IMF but is pretty close to doing th...
New Delhi, January 22
‘Production would have doubled if it were not for delays in approvals’
Chennai, Jan 22
Gold is likely to give up some of its gains it made in the last couple of sessions in the domestic spot and futures market, in line with the global trend.
In the global market, gold has c...
Chennai, Jan 21
Gold prices in the domestic spot and futures market are likely to be rangebound on Tuesday on bets that the current rally has been over-stretched. Strengthening of dollar is also likely...
Chennai, Jan 20
Gold prices in the domestic spot and futures market are set to rise on Monday, reflecting the global trend driven by reshuffling of portfolios by investors and weak equities.
Chennai, Jan 17
Physical buying, especially for the marriage season, will keep gold prices steady in the domestic spot and futures market on Friday. However, every data release showing growth in economy...
Chennai, Jan 16
Gold prices in the domestic spot and futures market are likely to rule stable, though they are likely to be under pressure on bets that the US Fed could continue paring its stimulus programme. »
Greater Noida, Jan 15
The policy spelling out the parameters for extension of production sharing contracts (PSCs) -- contracts between the exploration companies and Government – will be out by the year-end, according t...
Chennai, Jan 15
Strong US retail sales data will put pressure on gold prices in the domestic spot and futures market on Wednesday.
The data along with comments from the US Fed officials that they prefer...
Greater Noida, Jan. 13
Petroleum Minister M. Veerappa Moily held a series of bilateral meetings with officials from Libya, the UAE, Bahrain and Canada, seeking better cooperation in the oil and gas sector, including hig...
Greater Noida, Jan. 13
In the 10th edition of the oil and gas blocks auction, Cairn India wants to bid and win the area of the Barmer block in Rajasthan which it had surrendered to the Government. “We have got...