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OPEC and non-OPEC oil producers will meet again this weekend in Austrias capital to discuss the details of last weeks agreement.

India discusses to form 'Oil Buyers Club' with China

Production cuts by OPEC have led to international oil prices hitting a four year high last month.

13 Jun 2018 4:55 PM IST

Odisha Chief Minister Naveen Patnaik

BJP questions Naveen Patnaik on skipping Niti meet

Another veteran BJP leader and Union tribal affairs minister Jual Oram also came down upon the CM heavily for giving a...

18 Jun 2018 6:29 AM IST

Shiv Sena chief Uddhav Thackeray

Sena refuses to participate in negotiations over Nanar

Fadnavis has decided to go ahead with the project, while keeping opponents busy in dialogue.

30 Jun 2018 3:30 AM IST

India pays its third largest oil supplier in euros using European banking channels and imports.

India preparing for cut in oil imports from Iran

Dharmendra Pradhan told reporters in Mumbai that the country would attend to its interests while deciding on oil...

29 Jun 2018 11:31 AM IST

Villagers protesting against the Nanar refinery.

Nanar project will not go ahead, says Uddhav Thackeray

CM Fadnavis assured him that he will consider the issue and take appropriate decision, said sources.

28 Jun 2018 5:47 AM IST

Saudi Aramco, the worlds top oil company which is preparing to go public, said on Sunday it has appointed new members to its board including a female executive.

Abu Dhabi oil giant to pick up stake in Ratnagiri refinery project

ADNOC joins Saudi Aramco, the world's largest oil producer, in the project which is planned to come on stream by 2025.

25 Jun 2018 1:35 PM IST

Gazprom supplied the 3.4 trillion British thermal unit (TBtu) of cargo from Nigeria. The LNG cargo was received by Oil Minister Dharmendra Pradhan. (Photo: AFP)

Russia's Gazprom starts supplying LNG to India as first shipment...

India will import LNG worth an estimated USD 25 billion over the contract period of 20 years from Russia.

5 Jun 2018 1:10 PM IST

Petroleum minister Dharmendra Pradhan has said the government is open to Saudi oil giant Aramcos interest to own majority stake in the proposed Rs 3-trillion refinery at Ratnagiri.

Oil Minister Pradhan rules out review of daily fuel pricing

Central govt levies Rs 19.48 excise duty on a litre of petrol and Rs 15.33 on diesel.

4 Jun 2018 4:40 PM IST

Singapore-headquartered India LNG Transport Co (No 4) is the firm that won the time-charter contract from Petronet and got the 173,000 cubic meter vessel built at Hyundai Heavy Industries Co Ltds Ulsan shipyard in South Korea.

Russia's Gazprom begins LNG supplies to India

The LNG cargo was received by Oil Minister Dharmendra Pradhan.

4 Jun 2018 4:08 PM IST

India will on Monday import its first ever cargo of LNG from Russia under a long-term deal as the worlds fourth-largest buyer of liquefied natural gas (LNG) diversifies its import basket to meet its vast energy needs.

India to import first ever LNG cargo from Russia tomorrow

GAIL India Ltd will bring the shipload of LNG from Gazprom at Petronet LNG Ltd's import terminal.

3 Jun 2018 2:13 PM IST

Indian Oil Corp Ltd reported a nearly 18 per cent rise in second-quarter profit.

Indian Oil Corp signs up US crude in first ever term-tender deal

The sanctions, which would come into force from November 4, are likely to block current payment routes used to pay for...

8 Aug 2018 6:06 PM IST

Oil Minister Dharmendra Pradhan today said the government is keeping a close eye on international prices.

Man poses as Union minister Pradhan's kin, dupes ex-Armyman

Acting as per the complaint, the police arrested the accused on Tuesday.

8 Aug 2018 1:21 AM IST