GAIL delays tender for LNG carrier for a third time

03 Mar 2016

Petrol prices cut by Rs3.02 a litre; diesel to cost Rs1.47 more per litre

29 Feb 2016

Government will provide calibrated marketing freedom to incentivise oil, gas production

29 Feb 2016

Union Budget 2016-17: Rs2,000 crore for LPG connection for BPL households to help 1.5 crore families

29 Feb 2016

Halliburton to cut another 5,000 jobs to tide over

26 Feb 2016

When the lay-offs are effected, Halliburton would have cut its workforce by between 26,000 and 27,000 employees since the peak in 2014

Oil prices fall as producers waver on output cuts

24 Feb 2016

With oil producers more keen to cheat on agreements than implement them, Saudi Arabia has ruled out chances of production cuts by Opec or others to lift prices of oil

India to push 69 small oil, gas fields at US meet

20 Feb 2016

At the IHS CERAWeek, India will seek developers for its small and marginal gas discoveries under a new revenue sharing mechanism, abandoning the discredited production-sharing contract model

Oil rallies towards $35 as Iran welcomes output freeze

18 Feb 2016

While Iranian oil minister Bijan Zanganeh met counterparts from Venezuela, Iraq and Qatar on Wednesday and welcomed the move for output cuts, he did not commit to any capping of output

Petrol price cut by 32 paise a litre; diesel to cost 28 paise more

17 Feb 2016

Russia, Saudi agree to oil output freeze

16 Feb 2016

The shock Russia-Saudi oil deal to freeze output has sent shock-waves through the market, pushing North Sea Brent prices down

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