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 …

New York TimesUS Graft Inquiries Turn to Venezuelan Oil IndustryNew York TimesHigh-ranking Venezuelan government officials, including some at the oil giant, used shell companies, fake contracts and import scams to camouflage the illicit movement of more th …

CNBCOil marketing companies' stocks wilt on failure to pass on higher crude oil pricesEconomic TimesThe spectre of under-recovery appears to be haunting state-run oil marketing companies again, with their stocks taking a hit after these firms refrained …

Oil PSUs start process to procure biodieselEconomic TimesNEW DELHI: State-run fuel retailers have begun the process of their maiden purchase of biodiesel for blending it with diesel. Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petrol …

NDTVShares of oil companies surge on drop in crude oil pricesEconomic TimesNEW DELHI: Shares of oil companies such as Essar Oil, Hindustan Petroleum Corporation (HPCL), Bharat Petroleum (BPCL) and Indian Oil (IOCL) rose up to 14 per cent in intra-day trade …

FirstpostOil retailers rise after US crude oil prices tumbleEconomic TimesShares of Oil retailers gained in intraday trade on Thursday after the US crude oil proces tumbled. Indian Oil Corp advanced 2.3 per cent 4.77 per cent in intraday trade. Hindustan P …

NDTVIOC to import Iraqi oil for India's maiden strategic reserveEconomic TimesIndia, which is 79 per cent dependent on imports to meet its crude oil needs, is building emergency stockpiles with millions of barrels of crude that mirror the reserves that …

Slots of 'sacked' independent directors lie vacant at Oil PSUsEconomic TimesNEW DELHI: Months after the BJP government sacked most of the independent directors at top oil PSUs, the boards of blue chip firms like ONGC and GAIL are functioning with m …

BBC NewsNorth Sea oil summit to hear pleas for actionBBC NewsIndustry body Oil and Gas UK is to call for "meaningful action" from government in order to tackle major challenges facing North Sea operators. Chief executive Malcolm Webb will tell an …

New York TimesAs oil prices fall, Goodrich Petroleum cuts drilling in Louisiana, MississippiNOLA.comLow oil prices mean the most bullish driller in the oil region straddling the Louisiana-Mississippi line is cutting back. Houston-based Goodrich Petroleum C …