oil and gas
Reliance reveals detailed plan to spin off oil to chemical business
RIL has started work on hiving off O2C business into a separate unit for a possible stake sale to companies such as Saudi Aramco
Oil prices slip on demand worries as coronavirus cases rise
The potential hit to demand comes as OPEC+ countries, are set to step up output in August, adding about 1.5 million bpd to global supply
Oil prices cautiously rise on output cut support
The market is still being supported by a bigger-than-expected drawdown in US crude stockpiles reported last week
Spent Rs 10,000 crore on capital expenditure in FY19: Vedanta
India imports around 80 pc of its oil and gas requirements, amounting to USD 150 billion, said Vedanta's Anil Agarwal..
ONGC seeks partners to boost output from over 60 small oil and gas fields
Selected partners will have rights over part of incremental output on top of baseline production from the blocks.
Tech firm ZYFRA eyes $50 mn by 2021
ZYFRA's key fields of focus are machinery, metallurgy, mining, oil and gas and chemical enterprises.
US could offer oil at discount to compensate for Iran curbs
Crude imports from US may more than double to USD 8 billion this year.
Cabinet approves policy to promote and incentivise hydrocarbon production
The policy aims to build a supportive ecosystem through academic and research institutes, industry-academia collaboration.
Iran offers discount on oil and gas to Asia
Much will depend on the European Union, which has vowed to resist US sanctions on Iran.
Govt plans to set up petrochemical clusters: Pradhan
Clusters in eastern, western and southern India will spur sectoral growth amid increasing demand.