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IOC profit before tax falls 83% in Sep quarter on higher inventory losses

The company's net profit was Rs 563.42 crore, as against Rs 3,246.93 crore during the same period in 2018-19

Indian Oil to open retail outlets in Saudi Arabia in JV with Al Jeri

Based on the plans lined up by both companies, at least 200 retail outlets should be set up initially in Saudi Arabia - the first might come up within six months

Private sector players to add steam to eastern dedicated freight corridor

If public sector majors like NTPC or Coal India show any interest, the possibilities of a joint venture cannot be ruled out

Great Eastern, Essar seek Bengal govt's approval for shale plans

The development comes after the central government eased the rules on exploration of unconventional hydrocarbons

Adani, GMR in fray to commercially redevelop Chandigarh railway station

The bidding for Chandigarh is part of a Rs 1 trillion station redevelopment programme

We will soon be India's second-largest gas producer: Cairn Oil & Gas CEO

In the near term, we would like to be a 500,000-barrels-per-day company and, after that in the next four-five years, a million barrel company

Economic slowdown an opportunity for investors, says Piyush Goyal

Goyal said India is looking forward to more investments from the United States and there are no trade disputes between both the nations

ONGC, ExxonMobil tie up for oil exploration in India; plan to bid for OALP

On Monday, ExxonMobil had signed a pact with Indian Oil Corporation to expand its liquefied natural gas business initiatives in India

Total SA to buy 37.4% stake in Adani Gas for nearly Rs 5,700 crore

The deal will be the largest foreign direct investment in India's city gas distribution

Cabinet likely to take up Bharat Petroleum stake sale issue by October-end

Cabinet note in this regard was floated for inter-ministerial consultation

Bring natural gas, aviation turbine fuel in GST ambit: Dharmendra Pradhan

FM Sitharaman assures sanctity of contracts

Joint venture with RIL to get going by end of year: BP chief Bob Dudley

The JV will incorporate and build on RIL's current fuel retailing network across India

BPCL privatisation likely to clear the decks for strategic partner in HPCL

Offloading the BPCL stake will bring in, at the current market values, Rs 56,400 crore to the government's kitty

Demand concerns loom over India's liquefied natural gas expansion spree

From 37.5 mtpa, India to expand its capacity to 74 mtpa in a decade

Dipam keeps ball rolling for stake sale in Bharat Petroleum and others

Even after six months of the current financial year, the government has been able to achieve only 12 per cent of its disinvestment target of Rs 1.05 trillion

Tejas Express travellers to get partial refund if train is delayed

Passengers will be getting compensation of Rs 100 if the train gets delayed by one hour and Rs 250 if the delay is more than two hours

Petronet-Tellurian deal: Is LNG risky for India? Explained in 5 charts

Based on industry estimates, this LNG could cost upwards of $5 per million metric British thermal unit (mmBtu).

Indian Railways plans separate pricing mechanism for steel rails

Indian Railways had in 2018-19 procured 100,000 tonnes of rails from Jindal Steel & Power (JSPL), the first from the private sector in at least three decades

Reaching out: Govt gears up to widen cooking gas coverage in J&K

Currently, all households in 17 of the 22 districts in the state have LPG connections

India to be net exporter of steel in the next 3 years: Dharmendra Pradhan

At present, the country is importing around 2-3 million tonne (mt) of steel from the overseas market