Search For "oil"
Profit of oil companies will decrease in FY25 as refining margin drops
Updated : 1 year, 10 months ago IST
The Gross Refining Margin (GRM) of Indian oil companies in FY23 was at USD 16-18/ Barrel (bbl), in FY24 the GRM of Indian Refiners moderated to an average of USD 10 - 12/bbl. According to a report by CareEdge ratings, the GRM of oil companies will reduce further to USD 6-8 in FY25
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Unfortunate to hear criticism over judges work despite burning midnight oi
Updated : 1 year, 10 months ago IST
The Supreme Court judge, Justice Dipankar Datta, remarked on Wednesday that it is very unfortunate that despite efforts being put in by judges, it is said that judicial officers are working for very few hours.
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ONGC declares highest ever standalone profit in FY24
Updated : 1 year, 10 months 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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Tripura: Railway line restoration normalises supply of essential goods in
Updated : 1 year, 10 months ago IST
Minister for Food, Civil Supplies and Consumer Affairs of Tripura Sushanta Chowdhury expressed his gratitude to Chief Minister Dr Manik Saha for restoration of railway connectivity after heavy rains on April 26 in the Jatinga-Lampur area of the Lamding-Badarpur section of North Eastern Front
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Oil India recommends one bonus share to shareholders for every two held
Updated : 1 year, 10 months ago IST
This essentially means that if someone holds two shares of Oil India, they would receive one additional share at no extra cost in the portfolio.
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India's oilmeal exports start 2024-25 on a weak note, drop 6% in April
Updated : 1 year, 10 months ago IST
Oilmeals are the residue left over after the extraction of oil from oilseeds and it is widely utilized as livestock feed globally.
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Tripura's palm oil production push: One lakh saplings prepared in nursery
Updated : 1 year, 10 months ago IST
The Tripura government in collaboration with private agencies is striving towards the production of oil palm at a commercial scale.
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Aramco signs 3 MoUs with American companies to advance development of lowe
Updated : 1 year, 10 months ago IST
The Saudi Arabian Oil Company Aramco today announced the signing of three Memoranda of Understanding (MoUs) with leading American companies to advance the development of potential lower-carbon energy solutions.
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Aramco signs 3 MoUs with American companies to advance development of lowe
Updated : 1 year, 10 months ago IST
The MoUs were signed in the presence of Minister of Energy for the Kingdom of Saudi Arabia Prince Abdulaziz bin Salman al Saud, and US Secretary of Energy Jennifer Granholm.
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Despite Geo political challenges Indian exports to grow in FY25
Updated : 1 year, 10 months ago IST
India's trade deficit faces limited near-term challenges from ongoing geopolitical uncertainties, though it remains an important area to monitor, says a recent outlook report by Crisil on India's trade deficit.
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Palm oil scores high on ICMR-NIN's 2024 Updated Dietary Guidelines for Ind
Updated : 1 year, 10 months ago IST
New Delhi [India], May 16: In a bid to address the awareness gap regarding healthy dietary practices across various societal strata, the Indian Council of Medical Research (ICMR) and National Institute of Nutrition (NIN), has unveiled the "Dietary Guidelines for Indians-2024". Among the nota
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India again slashes windfall tax on petroleum crude
Updated : 1 year, 10 months ago IST
India started the windfall tax on crude oil producers and on exports of gasoline, diesel and the aviation fuel in July 2022, reportedly to regulate private refiners who wanted to sell fuel overseas instead of locally, to gain from firm refining margins.
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