Economic TimesFuel price cut by oil firms was one-time move: Finance MinistryEconomic TimesNEW DELHI: The petrol and diesel price cuts made earlier this month by state-run oil marketing companies was a "one-time measure", and the government has n …

US produced 10.964 mil b/d of crude oil in July, breaking last month's record output: EIAS&P Global PlattsWashington — US oil production average 10.964 million b/d in July, breaking the output record set last month when output averaged 10.695 million b …

Economic TimesHow the world's oil refiners plan to grapple with their fuel oil output after 2020Economic TimesSINGAPORE/TOKYO/LONDON: High-sulphur fuel oil (HSFO), essentially the leftovers of an oil refiner's output, will still flow from refinerie …

Economic TimesHow the world's oil refiners plan to grapple with their fuel oil output ...Economic TimesCurrently, the global shipping fleet, which includes oil and chemical tankers as well as container ships, uses as much as 3.3-ml barrels per day of H …

GlobesTedea, Oudi Recanati sell Noga Engineering for $34mGlobesThe share price of Technological Development and Automation Ltd.(TASE: TEDE) (Tedea) jumped yesterday after the company reported an agreement to sell its Noga Engineering subsidiary (in which i …

Economic TimesL&T Hydrocarbon Engineering bags Rs 1600 crore order from HPCLEconomic TimesNEW DELHI: Larsen & Toubro (L&T) today said its a wholly-owned subsidiary has bagged an order worth Rs 1,600 crore from Hindustan Petroleum Corporation Lt …

Business TodayIndia to receive first shipment of US crude oil tomorrowBusiness TodayIndia will tomorrow receive its first ever shipment of US crude oil when a very large crude carrier (VLCC) docks at Paradip port in Odisha. Indian Oil Corp (IOC) in early J …

The New Indian ExpressChina deepens oil ties with Russia in $9b Rosneft dealgulfnews.comMoscow: A closely-held Chinese oil company agreed to buy a minority stake in Rosneft PJSC for about $9 billion, deepening energy and political ties with Russia amid inc …

Egypt IndependentOver 400 meter oil spill in HurghadaEgypt IndependentDirector of Red Sea Protected Areas Directorate, Ahmed Ghallab said Saturday that an oil spill occurred in the Abu Galawa area north of Hurghada. The spill was reported by diving trips o …

Economic TimesOil marketing companies to install new device to check refill of fuel/gas: Ram Vilas PaswanEconomic TimesNEW DELHI: To curb malpractices at petrol and gas stations, the government today said oil marketing companies (OMCs) have agreed to insta …