Chief Financial Officer Pavel Fedorov said Rosneft is looking into the South-East Asian market on the whole in terms of investments
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India is ready to revive projects including the Nagarjuna Oil Refinery in Tamil Nadu to boost its oil sector, Union Petroleum Minister Dharmendra Pradhan told a local television channel
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Indian refiners took about 379,200 barrels per day (bpd) of Iranian oil in May, down 13,700 bpd from the 392,900 bpd imported in April, according to preliminary tanker arrival data from trade sources
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Coal price hike announced by Coal India (CIL) is likely to result in a 6 paise per unit increase in power procurement cost for distribution companies
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Vankor, launched in 2009, produces around 440,000 barrels of oil per day. The field is a source of Russian oil supply to China
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Petrol will cost Rs 65.60 per litre in Delhi after the increase while diesel will cost Rs 53.93 per litre
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With this acquisition Total aims to raise its market share in Africa from 17 per cent in 2015 to more than 20 per cent
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OVL plans to initially sell its share of oil from the large Azeri, Chirag and Guneshli group of fields in Azerbaijan through the new venture
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Oil pushed through $50 for the first time in around seven months on Thursday after supply disruptions from Canadian wildfires and attacks in Libya and West Africa helped cut daily output by 4 million barrels
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Net profit on a standalone basis was Rs 4,416 crore for the three months to March 31, compared with Rs 3,935 crore a year earlier
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