oil india

PM heads to Tehran for NAM summit, Iran ties in focus (Lead)


August 25th, 2012 - 9:58 pm ICT by IANS
New Delhi, Aug 25 (IANS) Amid mounting pressure from West on Iran over its nuclear programme, Prime Minister Manmohan Singh heads to Tehran Tuesday to attend the Non-Aligned Movement ... Read more...

Posted in Politics |

Government to raise Rs.4,000 crore by selling stake in SAIL (Lead)


July 20th, 2012 - 8:31 pm ICT by IANS
New Delhi, July 20 (IANS) The government has decided to sell through auction 10.82 percent stake in the Steel Authority of India Limited (SAIL), which is estimated to fetch ... Read more...

Posted in Business |

ONGC-led consortium to invest $3 billion in Venezuela


July 11th, 2012 - 3:34 pm ICT by IANS
New Delhi, July 11 (IANS) The overseas arm of Oil and Natural Gas Corporation (ONGC Videsh), in partnership with other government-run firms, plans to invest $3 billion to explore oil ... Read more...

Posted in Business |

Latin America - Energising India (Comment)


June 21st, 2012 - 9:52 am ICT by IANS
Latin America has remained at the periphery of Indian political and economic strategy, having presented no significant challenges, received marginal Indian migration (mainly in the Caribbean/Atlantic), and, depending on the country, ... Read more...

Posted in Business |

Under huge financial strain: Oil marketing companies


June 3rd, 2012 - 9:12 pm ICT by IANS
New Delhi, June 3 (IANS) Three state-run oil marketing companies Sunday said they are under "huge financial strain" due to selling diesel, kerosene and cooking gas at subsidised rates and ... Read more...

Posted in Business |

Blast in oil pipeline averted in Assam


May 14th, 2012 - 8:14 pm ICT by IANS
Guwahati, May 14 (IANS) A major blast in an oil pipeline was averted in Assam's Dibrugarh district Monday when security forces detected two powerful bombs on one of ... Read more...

Posted in Uncategorized |

Clinton visit: India to juggle ties with US, Iran


May 5th, 2012 - 7:46 pm ICT by IANS
New Delhi, May 5 (IANS) India will be juggling its ties with Iran and the US as it gears up to hold talks with Secretary of State Hillary Clinton ... Read more...

Posted in Uncategorized |

Amid sanctions, Indian business delegation heads to Iran


March 9th, 2012 - 10:30 pm ICT by IANS
New Delhi, March 9 (IANS) Amid US sanctions and accelerated efforts by the West to isolate Iran, a mammoth Indian trade delegation Friday left for Tehran to explore business opportunities ... Read more...

Posted in Business |

Unfazed by US, India to scale up business with Iran (Second Lead)


February 14th, 2012 - 9:59 pm ICT by IANS
New Delhi, Feb 14 (IANS) In spite of sanctions by the US and the European Union and Israel linking Tehran to the attack on an Israeli embassy car here, ... Read more...

Posted in Uncategorized |

Despite sanctions and pressure, India set to do more busines with Iran (Lead)


February 14th, 2012 - 8:42 pm ICT by IANS
New Delhi, Feb 14 (IANS) In spite of sanctions by the US and the European Union and Israel linking Tehran to the attack on an Israeli embassy car here, ... Read more...

Posted in Business |

Unfazed by US, India to step up ties with Tehran


February 14th, 2012 - 5:36 pm ICT by IANS
New Delhi, Feb 14 (IANS) Unfazed by US sanctions and Israel linking Tehran to the attack on an Israeli embassy car here, India is set to ramp up its ... Read more...

Posted in Uncategorized |

Sharath avenges National championship loss to Amalraj


February 7th, 2012 - 10:32 pm ICT by IANS
New Delhi, Feb 7 (IANS) India's top paddler Sharath Kamal avenged his loss to Anthony Amalraj at the National Table Tennis Championships last month by beating him in the final ... Read more...

Posted in Sports |

Massive fire in refinery, ULFA claims responsibility (Lead)


January 10th, 2012 - 9:40 pm ICT by IANS
Guwahati, Jan 10 (IANS) A massive fire broke out at the Guwahati Refinery Tuesday night, with the United Liberation Front of Asom (ULFA) claiming responsibility.A refinery spokesperson said the fire ... Read more...

Posted in Uncategorized |

US sanctions on Iran: India keeping all options open


January 7th, 2012 - 9:27 pm ICT by IANS
New Delhi, Jan 7 (IANS) With the US imposing new sanctions on Tehran, New Delhi is keeping "all options open" on approaching the US for waivers on ground that India ... Read more...

Posted in Uncategorized |

Blast at Oil India installation in Assam


December 2nd, 2011 - 5:05 pm ICT by IANS
Guwahati, Dec 2 (IANS) Separatists Friday blew up a major installation of India's premier oil exploration firm Oil India Limited (OIL) in Assam, triggering a massive fire leaping up to ... Read more...

Posted in Business |

Tide Water acquires Veedol from BP


October 25th, 2011 - 11:55 pm ICT by IANS
Kolkata, Oct 25 (IANS) Tide Water Oil (India) Ltd has acquired Veedol International from energy major BP Plc, putting an end to a legal battle of 17 years.Tide Water, a ... Read more...

Posted in Business |

India’s interests growing in African oil, gas assets


September 4th, 2011 - 1:33 pm ICT by IANS
New Delhi, Sep 4 (IANS) Even though Sudan is the only African country where state-owned Indian companies have started extracting hydrocarbons, other countries in the continent are also showing promise, ... Read more...

Posted in Business |

A northeast musical fest ‘These Hills Called Home’ held in Delhi


March 4th, 2011 - 1:18 pm ICT by ANI
New Delhi, Mar 4 (ANI): That music occupies a special place in the hearts of the people of the northeast was visible at "These Hills Called Home" festival, held recently at the ... Read more...

Posted in Feature |

Indians in Libya safe: Government (Lead)


February 20th, 2011 - 9:43 pm ICT by IANS
New Delhi, Feb 20 (IANS) Amidst reports of protests being violently put down in Libya, India Sunday assured that all Indians in the country are safe and that it was closely following ... Read more...

Posted in Uncategorized |

Indians in Libya safe: Nirupama Rao


February 20th, 2011 - 2:17 pm ICT by IANS
New Delhi, Feb 20 (IANS) Amidst reports of protests being violently put down in Libya, India Sunday assured that all Indians are safe in that country."Indians in Libya safe. Embassy in touch ... Read more...

Posted in Uncategorized |

Oil India’s Q3 net profit up 26.58 percent


February 5th, 2011 - 10:00 pm ICT by IANS
Mumbai, Feb 5 (IANS) State-run Oil India Saturday reported an increase of 26.58 percent in its net profit, which stood at Rs.907.98 crore in the third quarter of the current fiscal as ... Read more...

Posted in Business |

September exports rise, but trade deficit a concern: Khullar


October 25th, 2010 - 6:49 pm ICT by IANS
New Delhi, Oct 25 (IANS) India's exports rose 23.2 percent in September, compared to the corresponding month last year, although a widening trade deficit due to a heavier import bill was a ... Read more...

Posted in Business |

Strike hits life across Assam


September 7th, 2010 - 1:48 pm ICT by IANS
Guwahati, Sep 7 (IANS) The all-India strike called by central trade unions Tuesday impacted life across Assam Tuesday though tea and oil production were not hit. The strike was total in the transport ... Read more...

Posted in Business |

Ramesh terms ship collision as freak accident (Lead)


August 14th, 2010 - 8:36 pm ICT by IANS
Mumbai, Aug 14 (IANS) Terming the collision between two ships off Mumbai as a freak accident, Union Minister for Environment and Forests Jairam Ramesh said Saturday that India has never seen an ... Read more...

Posted in Environment |

Revised norm on public holding will prevent stampede of issues (Comment)


August 10th, 2010 - 3:21 pm ICT by IANS
By Jagannadham Thunuguntla The government's decision to amend the minimum public holding norms for listed companies has been a sensible and practical decision, taking into account the absorbing capability of the markets ... Read more...

Posted in Business |

Centre signs 31 contracts under New Exploration Licensing Policy


June 30th, 2010 - 10:39 pm ICT by ANI
New Delhi, June 30 (ANI): The Central Government on Wednesday signed 31 Product Sharing Contracts (PSCs) for 31 oil and gas blocks awarded to 23 companies in the eighth round of auction, ... Read more...

Posted in National |

Oil marketing company scrips shoot up after price hike


June 25th, 2010 - 5:35 pm ICT by IANS
Mumbai, June 25 (IANS) Scrips of oil marketing and exploring companies shot up after the government Friday freed fuel prices and hiked the rates for petrol, diesel, kerosene and cooking gas to ... Read more...

Posted in Business |

Cabinet awards coal-bed methane gas blocks


June 24th, 2010 - 11:17 pm ICT by IANS
New Delhi, June 24 (IANS) The Cabinet Committee of Economic Affairs Thursday approved the awarding of seven exploration blocks for coal-bed methane gas blocks, with half going to Essar Oil. Coalbed methane (CBM) ... Read more...

Posted in Business |

Auto, taxi drivers protest gas price hike


May 20th, 2010 - 5:56 pm ICT by IANS
New Delhi, May 20 (IANS) Autorickshaw and taxi drivers Thursday collectively voiced their angst against the expected increase in the price of compressed natural gas (CNG) by 20 percent. The central government Wednesday ... Read more...

Posted in Business |

Power rates to go up by Re.1 per unit: Shinde


May 20th, 2010 - 4:05 pm ICT by IANS
New Delhi, May 20 (IANS) Power tariffs will rise by Re.1 per unit after the government decision to hike prices of natural gas, Power Minister Sushil Kumar Shinde said here Thursday. "The ... Read more...

Posted in Business |

CNG prices to rise 20 percent; PNG unaffected (Lead)


May 19th, 2010 - 9:28 pm ICT by IANS
New Delhi, May 19 (IANS) The price of compressed natural gas (CNG) is expected to rise by 20 percent but that of piped natural gas (PNG) will be unaffected with the ... Read more...

Posted in Business |

CNG price to be hiked 20 percent


May 19th, 2010 - 8:58 pm ICT by IANS
New Delhi, May 19 (IANS) The price of compressed natural gas (CNG) is expected to rise by 20 percent with the union cabinet almost doubling the rate at which it is ... Read more...

Posted in Business |

Indian firms to increase oil production in Venezuela


May 6th, 2010 - 12:20 am ICT by IANS
New Delhi, May 5 (IANS) India Wednesday told Venezuela that Indian companies would be increasing production from oil fields in the Latin American country that could be sent for further processing in ... Read more...

Posted in Business |

Oil ministry lobbies for fuel price hike (Lead)


March 24th, 2010 - 8:37 pm ICT by IANS
New Delhi, March 24 (IANS) The petroleum ministry is strongly pushing for a fuel price hike from next month when Euro-IV grade fuel is launched in 13 cities across the country April ... Read more...

Posted in Business |

‘Natural gas prices may be revised soon’


March 22nd, 2010 - 7:22 pm ICT by IANS
New Delhi, March 22 (IANS) Prices of natural gas from fields of state-run ONGC and Oil India may be revised soon, Petroleum Secretary S. Sundereshan said here Monday. "The minister (for petroleum and ... Read more...

Posted in Business |

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