New Delhi, Dec 28 (IANS) In retaliation against the price cap of $60 per barrel agreed by the European Union, G7 and Australia against Russian crude, the world’s largest country on Tuesday issued a decree to ban oil sales to countries
New Delhi, Dec 12: Oil India Limited (OIL), India’s Second largest national exploration & production company was conferred with the CSR Times Award 2022 in Gold category for its Corporate Social Responsibility (CSR) projects in the area of Skill Development
New Delhi, Dec 2 (IANS) The Government on Thursday announced reduction in windfall tax on locally produced oil, which has been brought down to Rs 4,900 per tonne. In addition to this, it also cut export tax on diesel to Rs
New Delhi, Nov 17 (IANS) The Central government has hiked windfall tax on domestic crude oil and reduced the tax on export of diesel. The tax on crude oil produced by State-owned ONGC was hiked to Rs 10,200 per tonne from
Baghdad, Nov 2 (IANS) Iraq exported 104.83 million barrels of crude oil in October, generating $9.25 billion in revenue, the country’s Oil Ministry has announced. The average price for Iraqi crude oil in October was 88.31 dollars per barrel, the Ministry
New Delhi, Oct 3 (IANS) India’s producer price increase to the highest ever should not only surprise investors but also reduce past decade of skepticism on quality of returns for hydrocarbon producers, foreign brokerage, Morgan Stanley said in a report. While
New Delhi, Sep 24 (IANS) Aiming at greater international collaboration and the need for increased financing for Energy Research, Development, and Demonstration (RD&D), the Centre on Friday announced the launch of the “Innovation Roadmap of the Mission Integrated Biorefineries” developed by
New Delhi, Sep 16 (IANS) Petroleum and Natural Gas Minister Hardeep Singh Puri on Thursday said that despite global crises, India has fared well on energy, food and fuel fronts. Addressing the 25th Energy Techonology Meet in Mumbai, he said that
New Delhi, Sept 02: Ashok Das assumed the charge as Director (HR) of Oil India Limited (OIL), India’s Second Largest National Exploration & Production company, on 2nd September 2022 at its Noida office. Das was Executive Director (HR) at OIL
New Delhi, Aug 16: Oil India Limited (OIL), India’s second largest National Exploration & Production Company, celebrated India’s 76th Independence Day with full zeal and vigour in its Noida Office on 15th August 2022. Dr. Ranjit Rath, Chairman & Managing
As a part of the ‘Azadi Ka Amrit Mahotsav’, ‘Har Ghar Tiranga’ campaign has also been launched in Pipeline Sphere to celebrate our nation’s momentous 75 years of independence. To celebrate and participate in the nationwide ‘Har Ghar Tiranga’ campaign
Jeddah, July 18 (IANS) The price of crude oil rose on Monday after US President Joe Biden came away from talks in the Middle East without an agreement on raising supply, The Guardian reported. Biden had hoped to secure a promise
New Delhi, July 2 (IANS) As large parts of central and northwest India witnessed delayed monsoon, sowing for Kharif season’s mainstay rice and oil seeds has decreased compared to last year, even as that for pulses and coarse cereals has increased,
London, June 27 (IANS) Concerns are growing that India is being used as a potential back door into Europe for Russian oil supplies, given the surge in imports, media reports said. The huge blue and red hull of the SCF Primorye
New Delhi, June 27: Oil India Limited (OIL), India’s second largest National Exploration & Production Company, completed beta demonstration of the hydrogen powered bus developed by Ohm Cleantech Private Limited under ‘Startup Nurturing, Enabling and Handholding (SNEH)’ programme of OIL
Baghdad, May 2 (IANS) Iraq exported about 101 million barrels of crude oil in April, bringing in revenues of $10.55 billion, the Oil Ministry said. The average selling price for crude oil in April was $104.09 per barrel, according to a
Days after the developed world sought to belittle India for continued oil imports from Russia, COP26 president Alok Sharma’s endorsement of a letter by UK’s Secretary, Business, Energy & Industrial Strategy on Sunday came under severe criticism from all quarters
State-owned Oil India Ltd (OIL) has suffered a major cyber-attack in its field headquarters in eastern Assam’s Duliajan, with the hacker demanding $75,00,000, officials said on Wednesday. Guwahati, April 14 (IANS) State-owned Oil India Ltd (OIL) has suffered a major cyber-attack
209 Teams from 28 districts of Assam competed for the Champion’s Title 08April, 2022, Duliajan:OIL successfully concluded the 6 days BVL Super League 2.0 hosted by the Company at its Field Headquarters, Duliajan on 7thApril 2022. The event was graced
New Delhi, April 4 (IANS) The State-run oil marketing companies on Monday raised key transport fuel prices for the 12th time in the last 14 days. Consequently, in the past 14 days, petrol prices have increased by Rs 8.40 per litre
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