Faced with slow demand growth, high interest rates, and the rise in U.S. oil production, the group aims to support oil prices by managing supply tightly.
Effective today, the rate of 19 kg commercial LPG cylinders has been slashed by Rs 69.50 in Delhi, with the retail sales price now standing at Rs 1676.
China's Ministry of Finance's announcement will impact 134 items that are made in Taiwan, including base oils for lubricants, racing bicycles and textile products.
According to the latest data released by the government, the production of electricity, natural gas, coal, steel, refinery products, crude oil, and cement exhibited notable growth during April 2024, underscoring the resilience of these core sectors.
The oil industry worldwide has significantly reduced its resource life since 2014, primarily due to a strategic shift towards short-cycle developments says a report 'Study on Top Oil & Gas Projects 2024' by Goldman Sachs
To promote hydrogen and fuel cell technology for heavy-duty e-mobility, Indian Oil handed over a hydrogen fuel cell bus to the Indian Army at an event held at the National War Memorial on Monday in Delhi.
The All India hockey tournament started on Saturday at the artificial turf hockey ground in Kovilpatti Krishna Nagar, Thoothukudi district. 16 best teams from different states of India are participating in the 10-day tournament. Divided into 4 divisions, league matches are currently underway
Edible oil industry body Solvent Extractors Association of India (SEA) has requested the central government not to extend the ban on the exports of de-oiled rice bran, which is presently under prohibition.
The Environment Agency - Abu Dhabi (EAD) suspended the operations of an industrial facility specialised in processing used oils in the Al Mafraq Industrial Zone of Abu Dhabi City for violating environmental laws and regulations as well as its failure to comply with the environmental requirem
In line with its unwavering commitment to environmental stewardship, the Indian Coast Guard organised a pollution response seminar and mock drill in West Bengal.
The Oil and Gas Regulatory Authority (OGRA) has banned the sale and purchase of substandard LPG cylinders throughout Pakistan, ARY News reported on Thursday.