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Oil Minister Dharmendra Pradhan

Oil Minister defends mega oil refinery amid e-vehicle push

Pradhan's comment comes after Transport Minister Nitin Gadkari announced that only electric cars would be produced in...

28 Nov 2017 8:51 AM GMT

Shiv Sena chief Uddhav Thackeray and chief minister Devendra Fadnavis

After Sena'S decision, Uddhav-Fadnavis meet creates flutter in...

A delegation of the locals led by Mr Thackeray met the CM at his official residence Varsha.

15 Feb 2018 11:32 PM GMT

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

Indian Oil shuts unit at Haldia plant after small fire: source

The crude unit has been isolated and is expected to resume operation from Saturday, the source said.

27 July 2018 8:39 AM GMT

Reliance Industries chairman Mukesh Ambani. RIL unveils details of O2C business spinoff plan. (PTI Photo)

Reliance reveals detailed plan to spin off oil to chemical business

RIL has started work on hiving off O2C business into a separate unit for a possible stake sale to companies such as...

8 Sep 2020 11:30 AM GMT

Reliance Industries or RIL chairman Mukesh Ambani at an AGM in Mumbai. (Photo: PTI)

Saudi Arabia, Reliance in talks for refinery project: Saudi Oil...

Mukesh Ambani-run Reliance Industries are discussing joint investment in petrochemicals and refinery projects.

18 Dec 2018 9:48 AM GMT

Reliance Industries or RIL chairman Mukesh Ambani at an AGM in Mumbai. (Photo: PTI)

Reliance declares force majeure on gasoline from Jamnagar plant:...

At least two gasoline cargoes scheduled for this month's loading were affected.

15 Aug 2018 7:25 AM GMT

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

IOC to expand Paradip refinery after deal on tax incentives with...

State-owned Indian Oil Corp (IOC) will invest about Rs 52,000 crore in expanding Paradip refinery.

20 Aug 2017 8:14 AM GMT

Oil Minister Dharmendra Pradhan

Saudi Aramco seeks exclusive talks over India oil refinery stake:...

Country's top refiner Indian Oil Corp will initially hold a 50 per cent stake in the project.

15 Jun 2017 6:03 AM GMT

The move would free private players Essar Oil and RIL, which currently follow the price set by state-owned companies, to also shift to a dynamic model.

IOC, BPCL, HPCL to set up $30 billion refinery

Fifteen million tonnes a year is the biggest refinery any public sector unit has set up in one stage.

15 Jun 2017 3:36 AM GMT

The move would free private players Essar Oil and RIL, which currently follow the price set by state-owned companies, to also shift to a dynamic model.

Rosneft CEO says takeover of India's Essar is closed

Rosneft will hold 49 per cent stake; deal will allow Rosneft to increase oil refining output by 20 per cent.

22 Jun 2017 11:25 AM GMT