A fire broke out in a gas pipeline of Oil India Ltd (OIL) from a leak caused during pilfering in Dibrugarh district of Assam. The fire was extinguished by putting off the gas valve immediately and there was no injury, OIL...
MUMBAI (Dow Jones)--Two consortia of Indian companies led by state-run Gujarat State Petroleum Corp. have been awarded three offshore oil exploration blocks in Egypt, a senior GSPC executive said Friday. "We have committed to...
Thursday, November 06, 2008 TEHRAN: Iran has agreed to provide furnace oil to Pakistan on deferred payments for three months to help Islamabad ensure an uninterrupted fuel supply for power generation and mitigate its economic...
New Delhi, Nov. 2 The gas commerciality report of ONGC Videsh Ltd (OVL) and its consortium partners on the discovery made in Iran’s Farsi offshore block has got the nod of the National Iranian Oil Corporation (NIOC). Official...
New Delhi, Nov. 2 ONGC has not made a very positive beginning in its Cauvery deepwater block as it has hit a dry well in its first attempt. However, undeterred, it plans to drill two more wells in the block this
State-owned oil producers are planning to upgrade security arrangements protecting their oil installations in Assam following a series of bomb blasts on Thursday that left many dead and injured. Oil and Natural Gas Corporation...
New Delhi: India’s largest oil marketing and refining company, Indian Oil Corporation (IOC) posted a loss of Rs7047 crore in the second quarter due to reasons such as sale of fuel below cost, foreign exchange losses and...
New Delhi (PTI): Indian Oil Corp, the nation's biggest oil firm, today reported a net loss of Rs 7,047.13 crore for the second quarter ended September 30, 2008, mainly on account of huge revenue loss on sale of petrol, diesel,...
PTINew Delhi: Indian Oil Corp, the nation’s biggest oil firm, today reported a net loss of Rs7,047.13 crore for the second quarter ended 30 September, 2008, mainly on account of huge revenue loss on sale of petrol, diesel, LPG...