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Latest Articles in oil and gas
ONGC Seeking Oil Assets In Other Regions Amid Iran Gas Row
ONGC Videsh is targeting production of 60 million tonnes of oil and gas by 2030 from 12.80 million tonnes in 2016-17
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Petrol Price Down Rs 2.5 Per Litre, Diesel By Rs 2.25
Petrol in Delhi now costs Rs 68.38 a litre, down from Rs 70.88. A litre of diesel now comes for Rs 56.89 as against Rs 59.14 previously, according to Indian Oil Corp (IOC), the nation's largest fuel retailer
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Sensex Surges 198 Points, Nifty Regains 9,900 Level
The BSE 30-share barometer went up 197.70 points, or 0.62 per cent, to 31,797.46. The gauge had lost 824 points in the previous six sessions, in line with a general weakness across the globe fuelled by escalating worries about Korean peninsula
Read MoreChevron To Invest $4 Billion To Boost Permian Basin Output
Oil major Chevron Corp will next year invest around $4 billion to ramp up its crude production in the Permian Basin area of the United States, a company executive said on Monday.
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ONGC Strikes 'Good' Offshore Oil, Gas Find
ONGC informed the Directorate General of Hydrocarbons (DGH), the upstream advisory arm of the federal oil ministry, about the latest discovery earlier this month
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India To Bid For Israel Oil-and-gas Exploration Blocks: Dharmendra Pradhan
India and Israel have deep defence ties but Modi and his right wing ruling group are pushing to expand the relationship into other sectors such as energy and technology with a country they see as a natural ally against terrorism
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Oil India Q4 Profit Falls 96% On One-time Charge
State-run Oil India posted a 96 per cent fall in fourth-quarter profit, hurt by a one-time charge realised on the pre-discount and post-discount price of crude oil paid to a state government
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Government Aims To Cut Petroleum Imports As It Boosts Alternative Fuel Use
India imported about 33 million tonnes of oil products over April 2016 to February 2017, up nearly 24 per cent from the same period a year ago
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Essar Says Hopes To Close Sale To Rosneft-led Consortium In Next Few Weeks
The acquisition of Indian refiner Essar Oil by a consortium led by Russian oil company Rosneft is expected to be completed in the next few weeks, Essar said in written comments to Reuters on Friday
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Cairn India: Of Deals And Discoveries
Cairn India has managed to achieve tremendous improvement in productivity, which has been its strategy amid good finances, in facing the historically grey market
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Russia's VTB Says Final Stage Of India's Essar Acquisition To Start On March 31
Rosneft will acquire a 49 percent stake in Essar and another 49 percent will be shared between commodities trader Trafigura and Russian private investment group United Capital Partners
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Indian Oil To Sell 24 Per Cent Stake In India JV To Lubrizol Corp
IOC held a 50 percent stake in the joint venture, Lubrizol India Pvt Ltd, according to the company's 2015-16 annual report
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Oil Prices Jump After Data Shows Surprise US Stock Draw
If the draw is confirmed by government data on Wednesday, it would be the first drawdown after nine consecutive builds
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Iran Leapfrogs Iraq As India's No. 2 Oil Supplier In Feb
While Saudi Arabia remained the biggest oil supplier to India, ship tracking data showed imports from Iran rose to 647,000 barrels per day (bpd) in February
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Petroleum Minister Dharmendra Pradhan Meets US Energy Secretary, Discusses LNG Deal
Minister of State for Petroleum and Natural Gas Dharmendra Pradhan has discussed with new Energy Secretary Rick Perry the possibility of importing LNG from the US and Indian investment in the energy sector there
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