Crude Oil
India  /  Published 23.03.23

Petrol price one-way traffic

Party asks government to make public the names of industrialists who have benefited from cheaper Russian crude oil...
By Sanjay K. Jha in New Delhi

Business  /  Published 23.03.23

Rs 61,000 cr IOC plant in Odisha

This mega project will be the largest-ever investment of Indian Oil at a single location: IOC statement...
By Our Special Correspondent in New Delhi

Business  /  Published 22.03.23

Lower tax on crude oil

The government raised the tax on export of diesel to Re 1 per litre from Rs 0.50, and the same on overseas shipments of ATF remains at nil...
By Our Special Correspondent in New Delhi

World  /  Published 12.03.23

Pak to procure Russian crude oil

Moscow will respond to Pak’s request for discounted crude oil only after it completes formalities such as mode of payment, shipping cost with premium and insurance...
By PTI in Islamabad

Business  /  Published 05.03.23

India's Russian oil imports hit record high in Feb

The rise in Russian imports have been at the expense of Saudi Arabia and United States...
By PTI in New Delhi


Business  /  Published 05.03.23

Tax on local crude hiked

According to the new revisions, the Special Additional Excise Duty on crude petroleum will be increased from Rs 4,350 per tonne to Rs 4,400 per tonne...
By Our Special Correspondent in New Delhi

India  /  Published 27.02.23

Search for crude oil begins near Konark

Survey to find out oil and gas was held in coastal belts of Odisha — Balasore, Bhadrak, Jagatsinghpur, Kendrapara, Jajpur, Cuttack...
By Subhashish Mohanty in Bhubaneswar

Business  /  Published 24.02.23

ONGC to invest $2bn in Mumbai offshore

We have released a record 103 locations for drilling of wells on the Bassein and Satellite (B&S) assets over the next 2-3 years, says director...
By PTI in New Delhi

Business  /  Published 12.02.23

Price rise hinges on crude

RBI has assumed a $95 per barrel rate of crude for inflation projection for the next fiscal...
By Our Special Correspondent in New Delhi

World  /  Published 11.02.23

Oil prices rise over Russian cut hint

Russia is world’s third-largest producer of oil, and announcement by Novak immediately sent prices upward before they eased slightly...
By Stanley Reed in London


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