Vedanta Ltd Set To Invest US$ 4.1 Billion To Boost Oil Output
According to the Chairman of Vedanta Ltd, Anil Agarwal, the company is said to invest US$ 4.1 billion to boost oil output from its flagship...
Search Results for: Crude Oil
Indian Oil Profit Jumps 50% In The First Quarter Of Fiscal Year
The biggest State-owned oil corporation, Indian Oil, reported their quarterly report of the financial year 2019 with a 50.2% surge in net consolidated profit to Rs....
Essar Oilfields wins order from ONGC worth Rs.32 crore
Essar Oilfields Services India Ltd, has received a contract from ONGC to drill 30 wells at a coal-bed methane (CBM) block in Bokaro, Jharkhand. The...
Essar Oil aims to invest USD 250 mn to expand refining capacity in UK
Essar Oil (UK) Ltd is going to invest USD 250 million for expanding the refining capacity and has been targeting 400 petrol pumps in Britain...
IOC has bought more U.S. crude
IOC, an Indian state refiner, has bought 1.9 million barrels of U.S. crude in its second import tender seeking oil from the Americas, becoming the...
Essar Oil posts 10% rise in oil throughput
Essar Oil has posted 10 percent rise in throughput and 67 percent increase in the number of petrol pumps. 20 million tonne a year refinery...
Ruchi Soya has partnered with Patanjali for edible oils
Ruchi Soya Industries has partnered with Patanjali Ayurved for physical refining and packaging of edible oils. As per the agreement, Ruchi Soya will process and...
BPCL will shut 120K-bpd crude unit at Mumbai refinery for a month
Bharat Petroleum Corp is going to shut a 120,000 barrels per day (bpd) crude oil processing unit for maintenance for about a month from around...
Essar Oil has posted record Rs 2,162 crore net profit for FY 2015-16
Essar Oil has posted a record net profit of Rs 2,162 crore in the 2015-16 fiscal. Essar Oil, at the Annual General Meeting at Vadinar...
ONGC aims to invest $5.1 billion in east coast oil gas asset in 4 years
Oil and Natural Gas Corporation is going to invest Rs 340.12 billion (USD 5.11 billion) for developing cluster 2 of east coast deepwater block, in...