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IS blows up 2 oil wells, kills 2 security members in...

Baghdad, May 6 | The Islamic State (IS) terror group attacked an oil field in Iraq's Kirkuk province, killing two security members and...

ONGC kidnapping: Assam Police to step up security in OIL, ONGC...

Guwahati, April 23 | Three days after the kidnapping of three technical staffers of ONGC by the outlawed ULFA-I, the Assam government on Friday...

BPCL ‘re-routes’ Nashik-Mumbai oil pipeline for safety

Mumbai, April 23 | The Bharat Petroleum Corporation Ltd (BPCL) has "re-routed" its critical 252-km-long 18-inch diameter oil pipeline connecting Mumbai and Nashik, an...

Suspected IS terrorists blow up Iraq oil well

Baghdad, April 17 | Suspected Islamic State (IS) terrorists on Saturday blew up an oil well in Iraq's northern province of Kirkuk, police said.The...

Copper is the new oil

New Delhi, April 17 | The 2020s are expected to be the strongest phase of volume growth in global copper demand in history, as...

UNSC extends ban on illicit oil export from Libya

United Nations, April 17 | The UN Security Council has unanimously adopted a resolution to extend the ban on the illicit export of petroleum,...

Portuguese artist exhibits oil paintings on ‘happiness’

By Siddhi JainNew Delhi, April 13 (IANSlife) An online exhibition of paintings in oil by Portuguese artist Ana Romero, titled 'Eudaimonia', which...

SL Prez imposes immediate ban on palm oil import

Colombo, April 6 | Sri Lankan President Gotabaya Rajapaksa has imposed an immediate ban on the import of palm oil and ordered the gradual...

Petrol, diesel prices steady as global oil softens

New Delhi, April 5 | Oil marketing companies (OMCs) on Monday continued on the pause mode and decided against revising petrol and diesel prices...

OPEC+ agrees to increase oil production for 3 months

Riyadh, April 2 | The Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC countries, known as OPEC+, have agreed to increase oil production...

ED attaches properties worth Rs 57.3L in Barmer crude oil theft...

New Delhi, April 1 | The Enforcement Directorate (ED) on Thursday said that it has attached assets worth Rs 57.30 lakh of Bhoor Singh...

Benefits of fish oil may depend on genotype

New York, March 28 | Should you take fish oil? It depends on your genotype, say researchers as they have found that taking fish...

Dangerous substances found in oil installations: Lebanese PM

Beirut, March 27 | Caretaker Lebanese Prime Minister Hassan Diab said that dangerous materials were found in the warehouses of the Zahrani oil installations,...

Domestic edible oil prices didn’t surge as much as global rates:...

New Delhi, March 24 | Union Minister for Consumer Affairs, Food and Public Distribution, Piyush Goyal, said on Tuesday that domestic prices of edible...

Expect pickup of upstream oil producers’ profitability in FY22: Ind-Ra

New Delhi, March 18 | Profitability of upstream oil producers is expected to pick up in FY22, led by rising oil and gas prices...

Rupee to slip on high oil prices (IANS Currency Watch)

By Rohit VaidMumbai, March 14 | After sustaining its winning streak, Indian Rupee is expected to slip during the upcoming week on the back...

India’s stand on OPEC+ prod. cuts ensures full oil supply for...

New Delhi, March 13 | India's strong resistance to the OPEC+ move over continuation of unilateral oil production cuts going into April has bore...

Petrol, diesel prices unmoved though global oil rate firm

New Delhi, March 13 | Fuel prices in the country have remained steady for a fortnight now even though global oil market remains volatile...

Shares of oil marketing cos plunge, BPCL down 5%

Mumbai, March 9 | Share prices of the oil marketing companies (OMC) dropped on Tuesday with the scrip of privatisation-bound Bharat Petroleum Corporation Ltd...

Crude oil prices rise on global tensions

New Delhi, March 8 | Global crude oil prices jumped above $70 a barrel on Monday for the first time since the Covid-19 pandemic...

Oil prices surge as OPEC+ extends most output cuts

New York, March 5 | Oil prices gained considerably after the Organization of the Petroleum Exporting Countries (OPEC) and its allies (OPEC+) agreed to...

Clinical studies find mustard oil may be best for your heart:...

New Delhi, March 4 | If you want to achieve good health amid the pandemic, choosing the right oil should be the foremost step...

Lebanon complains to UN over oil spill

Beirut, March 3 | Lebanon's Foreign Ministry has filed a complaint to the UN, asking for investigations into an oil spill that reached the...

Pakistan plans to develop oil city in Gwadar

By Hamza AmeerIslamabad, March 2 | The Pakistan government is planning to develop a massive oil city in Gwadar district in Balochistan province with...

Israel’s natural gas, oil revenues hit record high

Tel Aviv, March 2 | Israel's natural gas and oil revenues hit a record high in 2020, totalling 1.09 billion new shekels ($330 million),...

Seven killed as car collides with oil tanker

Mathura (Uttar Pradesh), Feb 24 | Seven persons were killed after an oil tanker collided with a car near Naujheel police station on the...

B’desh can export edible oil to India: Indian envoy

By Sumi KhanDhaka, Feb 24 | The Indian High Commissioner to Bangladesh, Vikram Kumar Doraiswami, said on Tuesday that Bangladesh can export edible oil...

Sensex up 400 points; oil & gas, metal stocks rise

Mumbai, Feb 23 | The key Indian equity indices opened on a positive note on Tuesday with the BSE Sensex gaining 400 points to...

US oil, gas exports to India to continue: Price

By Arul LouisNew York, Feb 23 | Despite President Joe Biden's opposition to fossil fuels, the US will continue to supply petroleum products to...

Modi govt to reduce dependence on edible oil imports

By Pramod Kumar JhaNew Delhi, Feb 21 | The Modi government is now planning to work on mission mode to reduce the dependence of...

Oil cos keep steepest rise for weekend; fuel prices shoot up...

New Delhi, Feb 20 | Petrol and diesel prices have begun to pinch consumers harder with oil marketing companies (OMCs) reserving the weekend for...

Oil on boil: Delhi selling petrol at Rs 90.10/l

New Delhi, Feb 19 | Petrol and diesel prices maintained its northward rally on Friday, the eleventh consecutive day when its retail prices rose...

Coconut Oil: The new hair care favourite across the world

New Delhi, Feb 18 | Coconut oil may have been the home ground of hair care for us, but it is now the superpower...

Lives of kidnapped oil company staff at stake as deadline nears...

Itanagar/Guwahati, Feb 17 | The deadline set by terror outfit ULFA-I for the two hostages of a Delhi based private oil company -- who...

Rosneft develops innovative projects in the oil and gas industry

New Delhi, Feb 16 | The Rosneft United Research and Development Centre (RN-RDC) is the flagship institute of the R&D complex of Rosneft, the...

Gulf Oil Lubricants India moves into EV charging space

New Delhi, Feb 12 | Gulf Oil Lubricants India Ltd (GOLIL), part of the Hinduja Group, has entered into an agreement with Gulf Oil...

Consolidation in public sector oil firms may be back on table...

By Subhash NarayanNew Delhi, Feb 6 | After a gap of more than two years, the government may again revive the plan for further...

‘$104bn in stranded asset risk for oil, gas pipelines in India’

New Delhi, Feb 2 | With the Union Budget for 2021-22 laying a major focus on the launch of a National Hydrogen Mission for...

Assam, Arunachal CMs to blame if kidnapped oil men die: ULFA-I

Guwahati, Jan 31 | Anti-talk outlawed terror outfit United Liberation Front of Asom-Independent (ULFA-I) has warned that the Chief Ministers of Assam and Arunachal...

Why coconut oil is proven to be the best hair oil

New Delhi, Jan 29 | Coconut oil is natures hair care miracle, offering 10-fold benefits when it comes to hair health. While its numerous...

Make in India boost, oil cess may be halved

New Delhi, Jan 26 | The government may give a 'Make in India' push to oil and gas explorers, as it is considering a...

The goodness of Argan oil

By Puja GuptaNew Delhi, Jan 25 (IANSlife) Argan oil has traditionally been used topically to improve the health of skin, hair, and nails. It...

Hike in petrol, diesel rates after global oil price jump

New Delhi, Jan 13 | Petrol and diesel prices rose sharply by 25 paise per litre on Wednesday after oil marketing companies decided to...

Oil prices surge on fall in US inventory, Saudi supply cut

New Delhi, Jan 13 | Crude oil prices rose on Wednesday, with the Brent crude trading above $57 per barrel, due to decline of...

Strong recovery in oil and gas volumes likely in FY22: ICRA

Mumbai, Jan 9 | The domestic demand for petroleum products is expected to increase at a healthy rate of 8 to 10 per cent...

Adani Wilmar says ricebran oil among healthiest, association with Ganguly to...

New Delhi, Jan 5 | After pulling down the advertisements of Fortune ricebran oil featuring former captain of the Indian cricket team Sourav Ganguly,...

Fortune cooking oil ads featuring Sourav Ganguly halted

New Delhi, Jan 5 | Adani Wilmar has stalled advertisements of its Fortune Rice Bran cooking oil which feature former Indian cricket team's...

Business

RBI’s Regulations Review Authority sets up advisory group

Mumbai, May 7 | The Regulations Review Authority of the Reserve Bank of India (RBI) has constituted an advisory group to support it.The group...