Search For "crude oil production"
US faces steeper crude oil production decline than previously anticipated:
Updated : 11 months, 2 weeks ago IST
The US is facing a deceleration of crude oil production growth in 2025 than previously anticipated, according to a new analysis by S&P Global Commodity Insights.
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Core industries grows by 6.3 pc in May, Power, coal, steel, natural gas an
Updated : 1 year, 10 months ago IST
The combined Index of Eight Core Industries (ICI) increased by 6.3 per cent in May, 2024 as compared to last year, said the Ministry of Commerce and Industry on Friday.
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ONGC declares highest ever standalone profit in FY24
Updated : 2 years ago IST
The consolidated net profit of the company is also highest at Rs 57,101 crore in FY24. The crude oil production of the company has surged by 2.4 per cent quarterly to 5.359 MMT in Q4 FY24.
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Govt hikes windfall tax on domestic crude, reduces levy on export of diese
Updated : 2 years, 8 months ago IST
As per the Gazette of India, the Ministry of Finance, Department of Revenue, issued two notifications, amending previous taxation rates. According to the notifications, the windfall tax on domestic crude oil production has been increased significantly, while levies on the export of aviation
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Constrained milk, wheat supplies amid volatile crude market raise inflatio
Updated : 3 years ago IST
Constrained supplies of milk and wheat, coupled with a volatile international crude oil market with OPEC+ countries deciding to cut crude oil production from May 2023 are factors that may, going forward, influence the inflation trajectory in India, Ministry of Finance's Monthly Economic R
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India may produce 25 per cent of its crude oil demand by 2030: Hardeep Pur
Updated : 3 years, 7 months ago IST
New Delhi [India], October 14 (ANI): India will be able to produce 25 per cent of its crude oil demand by 2030, Union Petroleum and Urban Affairs Minister Hardeep S Puri said on Friday.
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India's crude oil production falls 3.76 per cent in July
Updated : 3 years, 9 months ago IST
New Delhi [India], August 23 (ANI): India's crude oil production stood at 2453.19 thousand metric tonnes (TMT) in July 2022, which is 3.76 per cent lower than the production of July 2021 and 5.57 per cent down when compared with the target for the month, according to the official data releas
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OPEC+ to raise daily crude production by just 100,000 barrel in September
Updated : 3 years, 9 months ago IST
Vienna [Austria], August 4 (ANI): The Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC participating countries have decided to raise crude oil production level by just 100,000 barrels per day for the month of September.
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India's crude oil production rises 4.6 per cent in May
Updated : 3 years, 11 months ago IST
New Delhi [India], June 17 (ANI): Crude oil production in India rose by 4.6 per cent year-on-year to 2550.05 thousand metric tonnes (TMT) in May helped by a sharp jump in the production by Oil and Natural Gas Corporation (ONGC), the government data showed on Friday.
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India's crude oil production drops 0.95 per cent to 2469.67 TMT in April
Updated : 3 years, 12 months ago IST
New Delhi [India], May 24 (ANI): India's crude oil production fell by 0.95 per cent year-on-year to 2,469.67 thousand metric tonnes (TMT) in April due to lower output from fields operated by private firms, the government data showed on Tuesday.
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India's crude oil production falls 3.37 per cent in March
Updated : 4 years, 1 month ago IST
New Delhi [India], April 20 (ANI): India's crude oil production in March 2022 fell to 2,526.11 thousand metric tonnes (TMT), which is 12.49 per cent lower than the target for the month and 3.37 per cent lower than the output recorded during the same month in 2021, the government data showed
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India's crude oil production drops 2.19 per cent in February
Updated : 4 years, 2 months ago IST
New Delhi [India], March 22 (ANI): India's crude oil production dropped to 2272.26 thousand metric tonnes (TMT) in February, which is 2.19 per cent lower when compared with the corresponding period of the previous year and 5.6 per cent short of the official target, the government data showed
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