Search For "oil"
Saudi Aramco to invest $75 billion in Reliance's oil to chemicals business
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 12 (ANI): Chairman and Managing Director of Reliance Industries Ltd Mukesh Ambani on Monday said Saudi Aramco will invest 75 billion dollars in the conglomerate and have 20 per cent stake in its oil to chemicals (O2C) business.
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Tanzania declares 3 days of national mourning for victims of oil tanker ex
Updated : 6 years, 7 months ago IST
Dodoma [Tanzania], Aug. 11 (Xinhua/ANI): Tanzanian President John Magufuli has declared three days of national mourning following an oil tanker explosion that killed over 60 people and injured 70 others in Morogoro on Saturday, said a statement released early Sunday.
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Rajesh Kumar Srivastava takes charge as ONGC Director (Exploration)
Updated : 6 years, 7 months ago IST
New Delhi [India], Aug 7 (ANI): Rajesh Kumar Srivastava took charge as the new Director (Exploration) of energy major Oil and Natural Gas Corporation (ONGC) Limited on 2 August 2019. He takes over the reins of exploration of India's flagship explorer upon the superannuation of AK Dwivedi on
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US' decision to end Iran oil waivers hurt India's bottom line: Envoy
Updated : 6 years, 7 months ago IST
Washington DC [USA], Aug 7 (Sputnik/ANI): The decision of the United States to stop issuing waivers for the purchase of Iranian oil has hurt India's bottom line and New Delhi hopes that Washington will show similar flexibility in issues it considers important, India's Ambassador to the US Ha
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Indian Oil Q1 net profit plunges 47 pc to Rs 3,596 crore, refining margins
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 31 (ANI): Oil marketing firm Indian Oil Corporation (IOC) on Wednesday reported a 47.36 per cent year-on-year drop in standalone profit at Rs 3,596 crore in April to June quarter.
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Iran terms Britain seizing its oil tanker as violation of JCPoA
Updated : 6 years, 8 months ago IST
Tehran [Iran], July 28 (ANI): Britain seizing an Iranian oil tanker off the coast of Gibraltar earlier this month constituted a violation of the Joint Comprehensive Plan of Action (JCPoA), Iranian Foreign Ministry said on Sunday.
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Pradhan, Saudi oil minister discuss enhancing bilateral hydrocarbon cooper
Updated : 6 years, 8 months ago IST
New Delhi (India), July 25 (ANI): Union Petroleum Minister Dharmendra Pradhan on Thursday held discussions here with his Saudi Arabian counterpart Khalid Al-Falih to further enhance bilateral hydrocarbon cooperation between the two countries and also deliberated on the prevailing global oil
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Fitch affirms Indian Oil at BBB- with stable outlook
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 23 (ANI): Fitch Ratings on Tuesday affirmed Indian Oil Corporation Ltd's (IOC's) long-term foreign currency issuer default rating at BBB- with stable outlook.
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US slaps sanctions on Chinese oil company for importing oil from Iran
Updated : 6 years, 8 months ago IST
Washington [US], July 23 (ANI): The US on Monday slapped sanctions on China's state-run oil company for allegedly violating Washington's restrictions on dealing with Iran.
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Kuwait raises concern amid escalating tension in Gulf
Updated : 6 years, 8 months ago IST
Kuwait City [Kuwait], July 22 (ANI): Kuwait on Sunday expressed concern of the rising tension in the Gulf region after Iran seized a UK oil tanker, reported Sputnik.
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Kerala CM seeks Jaishankar's intervention to repatriate stranded crew of B
Updated : 6 years, 8 months ago IST
Thiruvananthapuram (Kerala) [India], July 21 (ANI): Chief Minister Pinarayi Vijayan on Sunday wrote to External Affairs Minister S Jaishankar requesting him to make all possible efforts to ensure the safety of crew of British Oil Tanker seized by Iran's Revolutionary Guards Corps (IRGC) i
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UK warns Iran of 'robust' reaction after ship seized in Strait of Hormuz
Updated : 6 years, 8 months ago IST
London [UK], July 20 (ANI): The United Kingdom on Saturday threatened Iran with a "considered but robust" reaction, just a day after a UK-flagged oil tanker 'Stena Impero' was seized by the Middle Eastern nation in the Strait of Hormuz.
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