BBC NewsScottish economy 'still suffering from oil slump'BBC NewsThe Scottish economy is still suffering the effects of a fall in the price of oil and gas, a government minister has said. Speaking on the Sunday Politics Scotland programme, employab …

Economic TimesFalling crude oil prices likely to boost plastic, packaging sectorsEconomic TimesA huge drop in crude oil price has benefited many companies from the industry, as plastic is derived from by petroleum refining products. Lower the cost of oil, …

NDTVIndian Oil Overtakes ONGC To Become India's Most Profitable Public Sector CompanyNDTVNew Delhi: Indian Oil Corp (IOC) has overtaken Oil and Natural Gas Corp (ONGC) to become India's most profitable state-owned company. IOC, which has for decade …

LivemintMixed outlook for oil firms in Q4Livemint“Petchem (petrochemical) earnings will likely increase further both as Reliance benefits from higher volumes (new capacities) and firmed up margins particularly in aromatics chain,” pointed out Nomura's …

Economic TimesIran, not Iraq, is India's No 2 oil supplierEconomic TimesWhile Saudi Arabia remained the biggest oil supplier to India, ship tracking data and a report compiled by Thomson Reuters Oil Research and Forecasts showed imports from Iran rose …

Economic TimesBudget wish list: Oil & Gas sector hoping for reduction in cess rate, 100% depreciation allowanceEconomic TimesNEW DELHI: The oil and gas sector is hoping for couple of announcements related to reduction in cess rate, 100 per cent depreci …

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 TimesWhy Indian Oil could be Dalal Street's favourite OMC stockEconomic TimesET Intelligence Group: Indian Oil, the country's largest oil marketing company (OMC), may emerge as a top pick among OMCs in 2017 given expectations of higher ear …

Business StandardOil & gas: Where is India's biggest private sector company?Business StandardWhile India is hosting the global oil industry at 12th Petrotech starting Monday, its biggest private player in the sector, Reliance Industries Ltd (RIL) i …

Economic TimesOil cos profitability to remain weak in 2017: FitchEconomic TimesFitch also expects gross refining margins of all Indian oil refiners to narrow in 2017, while remaining stronger than the historical levels prior to FY16. "This, together w …