India’s Russian Oil Buy Now 10% Of Total Crude Imports, Says Government
Crude oil imports from Russia comprise 10 per cent of India’s total crude purchaseNew Delhi: India’s crude oil imports from Russia have jumped over 50 times since April and now…
After Fuel Shortage, Government Asks Private Retailers To Maintain Adequate Stock
Government has enhanced scope of universal service obligation to ensure fuel suppliesNew Delhi: In a bid to rein in private fuel retailers curtailing operations to cut losses, Government has expanded…
Petrol, Diesel Production Sufficient To Meet Surging Demand Says Government Amid Shortage Reports
Government has said there is adequate supply of fuel to meet rising demandGovernment on Wednesday said that production of petrol and diesel in the country is more than sufficient to…
Crude Oil Output Fell 1% In April
India’s crude oil production fell 1 per cent in AprilNew Delhi: India’s crude oil production fell 1 per cent in April after lower output from fields operated by the private…
Post Fuel Excise Duty Cut Reliance-BP Joint Venture Says Operations Unsustainable
Private joint venture fuel retailer Reliance-BP has told Government that sales are unsustainableNew Delhi: RBML – the joint venture of Reliance Industries Ltd and supermajor BP – has told the…
Indian Crude Oil Basket Price Rises, Sees 8.5% Jump Since April 11
Indian crude oil basket price has risen by 8.5 per cent since April 11, 2022India’s crude basket marginally rose on Thursday, April 21, 2022 to $106.14 per barrel from $105.51…
Crude Oil Output Fell 2.19% In February
India’s crude oil production fell in FebruaryCrude oil production in the country fell 2.19 per cent to 2272.26 thousand metric tonnes (TMT) in February 2022, compared to the corresponding period…
Gas Authority Of India Limited Declares Record Dividend For Current Fiscal
GAIL has declared a second interim dividend for the current fiscalNew Delhi: Maharatna company Gas Authority of India Limited (GAIL) has declared a second interim dividend of 50 per cent…
India’s Oil Import Bill To Top $100 Billion In Current Fiscal
India’s crude oil import bill has gone up in the current financial yearNew Delhi: Country’s crude oil import bill is set to cross $100 billion mark in the current financial…
Amid Russia-Ukraine Conflict, Government Assures Fuel Price Stability
Government has assured fuel supplies at stable prices amid Russia-Ukraine conflictAmid escalating tensions arising out of Russia’s attack on Ukraine which has led to a sharp spike in crude oil…