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Latest Articles in petroleum

India's Diesel Demand Set For Detour As Drivers Switch To Gasoline

A slowdown in demand growth in India -- one of Asia's biggest diesel guzzlers -- could add to a persistent glut of diesel in the region, fuelled in part by strong exports from China, and put pressure on regional refining profit margins.

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Export Up 3.94% In July; Trade Deficit Widens To $11.44 Billion

Import too rose by 15.42 per cent to #34 billion in July from $29.45 billion in the year-ago month due to rise in inward shipments of crude oil and gold

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Petroleum products will not be brought under GST: MP Fin Min

The Madhya Pradesh government reiterated the fact that petroleum products will be kept out of the purview of GST

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Mineral Production Declines 0.9% For May 2017

The total value of mineral production (excluding atomic and minor minerals) in the country during May 2017 was Rs 19944 crore. The contribution of coal was the highest at Rs 7171 crore (36%)

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Cabinet Clears IOC-OIL-BPCL's Russian Stake Buy For $3.14 Billion

Indian Oil Corp, Oil India and a unit of Bharat Petroleum Corporation (BPCL) will buy 29.9 per cent stake in Taas-Yuryakh oilfield in East Siberia for $1.12 billion and another 23.9 per cent in Vankor oilfield for $2.02 billion

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