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Russia issues decree to ban oil sales to nations from Feb adhering to price cap: Reports

Russia issues decree to ban oil sales to nations from Feb adhering to price cap: Reports

🕔07:37, 28.Dec 2022

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

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OIL’s CSR projects OIL Swabalamban and SDI, Guwahati bags CSR Times Award  2022

OIL’s CSR projects OIL Swabalamban and SDI, Guwahati bags CSR Times Award 2022

🕔05:17, 12.Dec 2022

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

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Govt slashes windfall tax on locally produced oil, diesel exports

Govt slashes windfall tax on locally produced oil, diesel exports

🕔14:29, 2.Dec 2022

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

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Centre hikes windfall tax on domestic crude oil

Centre hikes windfall tax on domestic crude oil

🕔16:32, 17.Nov 2022

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

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Iraq exports over 100 mn barrels of crude oil in October

Iraq exports over 100 mn barrels of crude oil in October

🕔07:14, 2.Nov 2022

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

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Gas price hike reduces past decade of skepticism on quality of returns for hydrocarbon producers

Gas price hike reduces past decade of skepticism on quality of returns for hydrocarbon producers

🕔20:00, 3.Oct 2022

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

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India announces launch of ‘Innovation Roadmap of the Mission Integrated Biorefineries’

India announces launch of ‘Innovation Roadmap of the Mission Integrated Biorefineries’

🕔10:41, 24.Sep 2022

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

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India fared well on energy front despite global crises, says Petroleum Minister Hardeep Puri

India fared well on energy front despite global crises, says Petroleum Minister Hardeep Puri

🕔07:19, 16.Sep 2022

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

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Ashok Das assumes charge as Director (HR), OIL

Ashok Das assumes charge as Director (HR), OIL

🕔18:10, 2.Sep 2022

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

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Oil India Limited celebrates 76th Independence Day

Oil India Limited celebrates 76th Independence Day

🕔20:22, 16.Aug 2022

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

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‘Har Ghar Tiranga’ campaign at Pipeline Sphere, OIL, Guwahati

‘Har Ghar Tiranga’ campaign at Pipeline Sphere, OIL, Guwahati

🕔16:34, 12.Aug 2022

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

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Oil price rises after Biden fails to secure agreement on increasing Saudi supply

Oil price rises after Biden fails to secure agreement on increasing Saudi supply

🕔16:58, 18.Jul 2022

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

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Kharif 2022: Rice, oil seeds sowing less, pulses, coarse cereals more over 2021

Kharif 2022: Rice, oil seeds sowing less, pulses, coarse cereals more over 2021

🕔11:17, 2.Jul 2022

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,

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Concerns grow that India being used as potential ‘back door’ into Europe for Russian oil

Concerns grow that India being used as potential ‘back door’ into Europe for Russian oil

🕔06:09, 27.Jun 2022

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

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OIL completes beta demo of hydrogen powered bus developed under its Startup programme SNEH

OIL completes beta demo of hydrogen powered bus developed under its Startup programme SNEH

🕔04:48, 27.Jun 2022

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

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Iraq exports 101 mn barrels of crude oil in April

Iraq exports 101 mn barrels of crude oil in April

🕔11:59, 2.May 2022

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

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COP26 President draws flak for openly supporting investment by oil, gas cos

COP26 President draws flak for openly supporting investment by oil, gas cos

🕔09:55, 2.May 2022

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

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Cyber-attack on OIL network in Assam but production unaffected

Cyber-attack on OIL network in Assam but production unaffected

🕔06:40, 14.Apr 2022

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

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OIL successfully hosts BVL Season 2.0

OIL successfully hosts BVL Season 2.0

🕔05:30, 9.Apr 2022

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

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Petrol, diesel prices hiked for 12th time in 14 days

Petrol, diesel prices hiked for 12th time in 14 days

🕔12:23, 4.Apr 2022

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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