To cut imports, Oil India aims to raise output by over 7%: Utpal Bora

New Delhi: State-run Oil India is targeting to increase its oil production by 7.25 per cent and gas production by 30.4 per cent by FY22 to help India reduce its reliance on imports...

Rosneft's Nayara begins fuel retail expansion in India

Mumbai: Essar Oil, renamed Nayara Energy after acquisition by Russian oil major Rosneft, has begun expansion of its private fuel retail network in India.

India, China join hands on oil

New Delhi: India and China have established a joint working group on oil and gas which is the first such mechanism between the two countries to cooperate in the field of energy.

ONGC to take over east coast PY-3 oil field from UK-based Hardy Oil & Gas

New Delhi: Oil and Natural Gas Corporation (ONGC) is going to start operating the PY-3 oil field in the Bay of Bengal, which is expected to benefit the Nagapattinam refinery of Che...

IOC's R&D centre patent filing crosses 1,000-mark

New Delhi: Indian Oil Corporation's (IOC) research & development (R&D) centre in Faridabad, Haryana has made it the first public sector company in India to cross 1,000 ...

12 NCR districts, Agra switch to Euro-VI fuel

New Delhi: A total of 12 districts from national capital region (NCR) and Agra city have started using ultra-clean Euro-VI grade petrol and diesel from April 02, 2019, according to...

Lanka breaks ground for oil refinery with investments from Indian firm & Oman

Colombo: A joint venture of India's Accord Group and Oman's oil ministry started the construction of a US$ 3.85 billion oil refinery in Sri Lanka on March 24, 2019.

OMCs float fresh tender for procuring 910 million litres of ethanol

Lucknow: India's public sector oil marketing companies (OMCs) have issued a fresh tender for purchase of 910 million litres of ethanol, which will help enhance ethanol blending...