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Intel Shooting Star drones form the Olympics rings as part of the Olympic Winter Games PyeongChang 2018 opening ceremony drone light show. (Credit: Intel Corporation)

Olympic body penalises India for denying visas to Pak shooters

Olympic body won't allow India to organize any Olympic-related events in the future unless written assurances are given...

22 Feb 2019 4:42 AM

Maharashra CM Devendra Fadnavis

Maharashtra to move planned Saudi Aramco refinery after farmers...

Stare-run oil companies and Saudi Aramco have teamed up to build the USD 44 billion refinery

19 Feb 2019 6:45 AM

Indian Oil Corp (IOC) bagged three fields, the same number as new entrant PFH Oil and Gas Pvt Ltd got.

IOC gets -"green nod-" for storage and distribution terminal in...

The proposal involves setting up petroleum storage and distribution terminal.

17 Feb 2019 8:50 AM

Indian Oil Corp Ltd reported a nearly 18 per cent rise in second-quarter profit.

City gas distribution rights to help oil marketing firms diversify:...

IOC and HPCL won city gas distribution rights in nine geographical areas each last month, and BPCL got rights to two...

27 March 2019 1:38 PM

We expect the global leaders will understand our requirements, Petroleum Minister Dharmendra Pradhan said.(Photo: File | PTI)

IOC-BPRL wins oil block in Abu Dhabi

Indian Oil Corporation and Bharat PetroResources Ltd will invest USD 170 million in the project.

25 March 2019 9:43 AM

IOC and the state govt agreed to revised terms at the meeting called at the behest of Pradhan. (Photo: AP)

Facing revenue shortfall, Govt pushes IOC, ONGC to pay 2nd interim...

IOC has called a board meeting on March 19 to consider paying a second interim dividend, ONGC has declined.

14 March 2019 3:31 AM

Indian Oil Corp (IOC) bagged three fields, the same number as new entrant PFH Oil and Gas Pvt Ltd got.

Ennore LNG terminal to help IOC fast-track city gas project

Ennore LNG terminal is part of India's plan to raise share of natural gas in country's energy basket to 15 pc by 2030...

8 March 2019 9:11 AM

Fitch estimates that the banking sector will require around USD 90 billion in new total capital by 2018-19 fiscal to meet Basel-III standards and ongoing business needs.

Fitch Ratings sees risks to OMCs as govt seeks more returns

Struggling to meet budget targets, the government had asked cash-rich PSUs to pay second interim dividend.

26 April 2019 8:56 AM

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Indian refiners turn to OPEC, Mexico, US to make up Iran oil gap

Refiners have not yet placed orders for Iranian oil for May, when current waiver expires, pending clarity from US.

17 April 2019 11:25 AM

InVIT will acquire 100 per cent equity interest in Pipeline Infrastructure Pvt Ltd, owner and operators of the pipeline that transports Reliance Industries Ltds eastern offshore KG-D6 gas to customers, according to a statement issued by RIL.

Reliance topples IOC to become the biggest Indian company

Reliance in the 2018-19 fiscal year that ended March 31, reported a turnover of Rs 6.23 lakh crore.

21 May 2019 9:06 AM

Indian Oil Corp Ltd reported a nearly 18 per cent rise in second-quarter profit.

Saudi to supply an extra 2 million barrels a month to Indian Oil Corp...

IOC has signed separate annual contracts with Norway's Equinor and Algeria's Sonatrach to buy 4.6 million tonnes of US...

18 May 2019 12:10 PM

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

IOC ties up oil from US, Saudi to make up for Iran shortfall

IOC and other Indian refiners stopped importing crude oil from Iran this month following the US' move to end sanction...

17 May 2019 2:08 PM