New Delhi/Singapore, Feb 25
Indian Oil Corp, the nation’s largest oil firm, will buy Malaysian firm Petronas’ 10 per cent stake in a shale-gas assets and liquefied-natural-gas (LNG) project in British Columbia for $900 milli...
New Delhi, Feb 21
The Oil Ministry has sought legal opinion on whether bank guarantees need to be furnished by Reliance Industries Ltd (RIL) alone or by partners BP and Niko Resources as well to cover the increase...
Chennai, Feb 20
Gold prices are likely to come under pressure in the domestic spot and futures market on Thursday as concerns that the US Fed Reserve will continue to prune its stimulus programme resurf...
New Delhi, Feb 18
Crude oil futures prices rose 0.22 per cent to Rs 6,245 per barrel today as speculators engaged in creating positions amid a mixed trend in Asia.On the Multi Commodity Exchange, crude oil f...
New Delhi, Feb 17
Crude oil futures traded higher by 0.52 per cent at Rs 6,230 per barrel today as speculators indulged in creating positions, triggered by a firm trend in Asia.On the Multi Commodity Exchang...
Singapore, Feb 14
Oil prices were down in Asian trade today as investors digested lacklustre US stockpiles and economic data that point towards weakening demand in the world’s top crude consumer.New York’s ma...
New Delhi, February 13
Draft silent on amount, does not mention consortium partners — BP, Niko
February 11, 2014
Government should create the right policies and stick to its contractual obligations
Mumbai, February 27
May be forced to shut down production, says PMS Prasad, Executive Director »
New Delhi, February 23
Say they will shoulder responsibility with RIL; Oil Ministry yet to approve request
Singapore, Feb 20
Oil prices fell in Asian trade today after a closely-watched index showed that China’s key manufacturing sector contracted further in February to hit its lowest level in seven months.
New Delhi, Feb 18
ONGC Videsh (OVL) has signed a Production Sharing Contract (PSC) for two shallow water exploration blocks in Bangladesh. OVL along with Oil India Ltd (OIL) formed a consortium (50:50) an...
Singapore, Feb 18
Oil prices were mixed in Asian trade today with cold weather in the United States pushing the demand for heating fuel higher and credit growth in China also giving support.Investors, howeve...
Chennai, Feb 17
With gold prices hitting a fresh three-month high in the global market, the precious metal is set to rule firm in the domestic spot and futures market on Monday.
The yellow metal gained f...
Chennai, Feb 14
With the US coming up with economic data below expectations, the haven demand for gold is back. This will see prices of the yellow metal making further gains in the domestic spot and futures marke...
New Delhi, Feb 13
Oil and Natural Gas Corp (ONGC) posted a 28.1 per cent rise in its net profit for the third quarter ended December 31, at ₹7,126 crore, as rupee depreciation helped it realise higher...
Singapore, Feb 10
Oil prices were mixed in Asian trade today following a disappointing US jobs report but fears of another severe storm in the United States boosted the demand for heating fuel, analysts said.»