LivemintWhy India is creating an oil and gas behemothLivemintThe government owns majority stakes in eight major listed oil and gas firms. Combining some or all would create a bigger corporation with clout to negotiate better deals, for instance, on crude o …

Economic TimesIran said to cut benefits on oil sales to Indian state refinersEconomic TimesNational Iranian Oil Co. will cut the credit period on crude oil sales to 60 days from 90 days for refiners such as Mangalore Refinery & Petrochemicals Ltd. and …

Economic TimesState oil firms corner 1/3rd of small fields in first auctionEconomic TimesThese fields, which hold in place reserves of 62 million tonnes of oil and oil equivalent gas, can cumulatively produce a peak of around 15,000 barrels of oil per day …

Wall Street JournalOil Companies' Hottest Market Is Low on FuelWall Street JournalOil companies' big bet on demand in their fastest-growing market is getting less lucrative. Energy companies are investing billions of dollars over the next several y …

Economic TimesIndia's 2016 Iran oil imports hit record highEconomic TimesNEW DELHI: India's annual oil imports from Iran surged to a record high in 2016 as some refiners resumed purchases after the lifting of sanctions against Tehran, according to …

Economic TimesRs 500, Rs 1000 notes still valid at fuel outlets: Oil PSUsEconomic Times"All retail outlets and CNG stations of Indian Oil, Bharat Petroleum, Hindustan Petroleum, Gas Authority and other public sector oil companies will accept Rs 500 an …

Wall Street JournalIndia Approves $3 Billion Stake Purchase in Russian Oil FieldsWall Street JournalNEW DELHI—India's federal cabinet on Wednesday approved two deals worth about $3 billion that will allow a consortium of Indian state-run oil companies …

Economic TimesGovernment set to start talks on merging 13 state oil companies to create behemothEconomic TimesNEW DELHI: The government is set to start consultations for an ambitious plan to merge 13 state oil firms to create a giant corporation whose reve …

Economic TimesIndia stares at oil deficit in 15 years, says IOCs director for refineriesEconomic Times"Nothing is going to drastically change till 2030. Oil and gas consumption is going to grow even till 2040," Singh said referring to the possibl …

Business StandardOil firms see uptick in sale of branded fuelBusiness StandardAfter three years, sale of branded petrol and diesel is getting back to normalcy for the three government-owned oil marketing companies - Indian Oil Corporation (IOC), Bharat Pet …