GAIL is also trying to juggle a rapidly expanded LNG book after embarking on a buying spree between 2011 and 2013 when the fuel was scarce and prices kept hitting new peaks
Read More
Oil explorer Cairn India Ltd, controlled by billionaire Anil Agarwal, said on Thursday consolidated net profit in the first quarter of its business year fell 28 per cent from the same period a year ago due to lower crude oil prices
Read More
OPEC's top producer has lost ground in a number of major global markets including to Russia in China, and is also facing a further threat from Iran
Read More
While fears of a hard landing in China have eased, investors are concerned a further slowdown and any major fallout from Britain's decision to leave the EU earlier this month would leave the world even more vulnerable to the risk of a global recession
Read More
Sanjay is one of millions of new motor scooter riders who have helped push the pace of India's oil demand growth well past China's
Read More
British explorer Cairn Energy has sought $5.6 billion in compensation from the Indian government for raising a retrospective tax demand of Rs 29,047 crore on 10-year old internal reorganisation of its India unit
Read More
The government has set a disinvestment target of Rs 56,500 crore for 2016-17. Of this, Rs 36,000 crore is expected to come from minority stake sales
Read More
Cooking gas or liquefied petroleum gas sales increased 8.5 per cent to 1.61 million tonnes, while naphtha sales surged 15.6 per cent to 1.19 million tonnes
Read More
Petronet LNG aims to spend up to $3 billion in the next five years to expand overseas, setting up terminals in Bangladesh and Sri Lanka among other countries
Read More
Commodities trader Trafigura Group Pte is in talks to buy a minority stake in Essar Oil Ltd, which runs India's second biggest private sector refinery, in a deal that could be valued at around $6.5 billion
Read More
