India is dependent on imports for 85 per cent of its needs and the government is pushing domestic explorers to raise output to help cut dow...

Nifty futures on the Singapore Exchange traded 18 points, or 0.16 per cent higher at 11,592 in signs that Dalal Street was headed for a pos...

Indian Oil Corp (IOC) has been forced to shut down its Digboi refinery in Assam and is operating Guwahati unit at minimal throughput, while...

Reliance recently announced its plan to sell 20 percent stake in its refining and petrochemicals business for USD 15 billion to Aramco.

The sources said the cost escalation is mainly due to the delay in land acquisition for the project and that all calculations need to be re...

A look at top macro triggers that may move market on February 4, 2019.

Saudi giant Aramco-led refinery project in Ratnagiri promises billions in investments and thousands of jobs. Will agitation kill yet anothe...

Asian stocks fluctuated as Japanese PM Shinzo Abe’s party suffered a defeat in elections.

The Ceylon Petroleum Corporation Trade Union Collective has threatened to launch an indefinite strike from Monday midnight against Colombo’...

"Work in the oil refinery has been affected since yesterday causing a loss of over Rs five crore per day," a senior company official said h...

India is determined to ensure steady crude oil supplies from Iran and is even considering settling payments with gold in the short term.

Fuel supplies in many parts of the country were affected on the second day of the indefinite strike by oil PSU executives that also resulte...

Officers of state-owned Hindustan Petroleum Corporation (HPCL) have decided to go on indefinite nation-wide strike from Tuesday.

In case the strike goes ahead, the oil industry will have a business loss to the tune of Rs 1,400 crore per day and around Rs 550 crore rev...