ONGC seeks waivers on cess, royalty While the slump in international oil prices is good news for fuel consumers, it is spelling economic havoc on the oil and gas producers […]
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IndianOil resumes work on projects worth over ₹21,000 crore
IndianOil resumes work on projects worth over ₹21,000 crore Indian Oil Corporation has resumed work on some its projects and is preparing to ramp up operations towards normalcy post-lockdown. “While global […]
Indian oil sector to remain largely unfazed by WTI crash
Indian oil sector to remain largely unfazed by WTI crash Domestic firms may gain from price fluctuation, say analysts The world on Monday woke up to the news that oil […]
OMCs use crude price drops to make up for fall in demand
OMCs use crude price drops to make up for fall in demand Experts say OMCs are making up for inventory losses and reductions in refining margins. Petrol and diesel prices […]
IOC, BPCL resume work on select projects, gear up to ramp up operations post-lockdown
IOC, BPCL resume work on select projects, gear up to ramp up operations post-lockdown State-owned oil firms have decided to resume as many as 511 projects involving over Rs 42,000 […]