New Delhi, February 13
Eastern Gases Ltd (EGL), a public limited company specialising in commercial bulk LPG, has entered the domestic LPG distribution market with its brand East Gas. The Worthwhile Foundation, a Delhi-b...
Chennai, Feb 6
Gold prices on spot and domestic markets are likely to rule firm after a disappointing forecast in US employment. A private forecast showed that growth in jobs was lower than forecast, l...
New Delhi, February 4
Plan panel tells Ministry not to rush; auction of up to 65 blocks will be delayed
New Delhi, January 31
Terminal operating at just 5% of capacity
Kochi, Jan 31
The integrated LPG import facility of the public sector Indian Oil Corporation on the land allotted by Kochi Port is scheduled to be commissioned by 2016-17. The Rs 600-crore import faci...
January 24, 2014
Investors could watch out for oil marketing companies' (OMCs) fortunes next week, as rupee plunged 73 paise to 62.66 against the US dollar. Weakness in rupee against the US dollar may rais...
Chennai, Jan 23
The sparkle in gold seen during last weekend and at the beginning of this week seems to be a flash in the pan. The yellow metal’s prices are under pressure again.
Bets that the US Federal...
New Delhi, Jan 15
Esperanca Bias, Minister for Mineral Resources of Mozambique said that the first production from Rovuma basin in the country is expected to start in 2018.
India is likely to get the first...
February 18, 2014
ONGC’s share of the subsidy burden in 2013-14 is likely to touch 34 per cent from 31 per cent last year, while Oil India’s share may go up to 5.5 per cent from 5 per cent. »
Mangalore, February 10
Road shows will be conducted to attract investments in the downstream petroleum industries in Mangalore, according to M Veerappa Moily, Union Petroleum Minister. Inaugurating the tra...
New Delhi, February 5
Will hold on to Brazil asset for now
New Delhi, February 3
No payment mechanism as ‘Istanbul acts in line with UN actions’
Gandhinagar, Jan 31
GSPC Gas Company, a part of State-promoted Gujarat State Petroleum Corporation Ltd (GSPC) Group, will supply natural gas through pipelines to Jamnagar and Dwarka districts, Energy Minister Saurabh...
Kolkata, January 28
Dhunseri Petrochem & Tea Ltd, which commissioned its first petrochemical unit in Egypt on Tuesday, proposed to de-merge its tea and infrastructure businesses into two separate entities <...
Chennai, Jan 24
Gold prices on domestic spot and futures markets are set to gain on Friday in line with the two per cent rise in the global market overnight.
A cocktail of poor Chinese factory...
New Delhi, January 22
BP Country Head defends the company’s investment in KG D6 block
Greater Noida, Jan 14
In a bid to attract more global oil majors, the Ministry of Petroleum and Natural Gas has proposed exemption from royalty payment and an income-tax holiday of up to 10 years for the next round of...