The net profit of the country’s biggest oil firm, Indian Oil Corporation, zoomed to Rs 8,781.30 crore in the March quarter compared with a loss of Rs 5,185.32 crore in the corresponding quarter ...

India’s top state oil refiners are reducing processing runs and crude imports as the surging Covid-19 pandemic has cut fuel consumption, leading to higher product stockpiles at the plants, compa...

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Calcutta’s long wait for clean fuel compressed natural gas (CNG) ended on Monday as two retail outlets started dispensing the gas commercially to consumers. A BPCL pump at Garia and an Indian O...

Indian state refiners are planning to cut oil imports from Saudi Arabia by about a quarter in May, in an escalating stand-off with Riyadh following Opec’s decision to ignore calls from New Delhi...

Prime Minister Narendra Modi will unveil about Rs 4,700-crore projects in poll-bound West Bengal on Sunday, including the Dobhi-Durgapur natural gas pipeline. The 347km pipeline from Dobhi (in Gaya, ...

The police on Sunday arrested four criminals who were wanted in connection with a case of loot committed near the Indian Oil Corporation's petrol pump at Mango in Jamshedpur late on the night of J...

A few tankers started ferrying petro fuels from the IOCL terminal of New Jalpaiguri from Tuesday night, their numbers increasing on Wednesday as talks between the oil company and tanker owners and dri...

Throughout the day, negotiations continued between the striking tanker owners and drivers and IOCL authorities, with spurts of skirmishes in the terminal area as a section of the protesters agreed to ...

The driver of an LPG tanker which had developed a leak on Sunday night averted a disaster by parking the vehicle in a secluded spot on NH-2, about 17km from the district headquarters, and waited for a...