oil

New Delhi: Union Minister of Petroleum and Natural Gas and Steel Dharmendra Pradhan on Friday inaugurated the seismic survey campaign of Oil India Limited (OIL) in Mahanadi basin (Onland) at…

New Delhi: The Ministry of Petroleum and Natural Gas on Tuesday signed contracts for 11 blocks awarded under Open Acreage Licensing Programme (OALP) Bid Round-V in the presence of Union…

New Delhi: Oil prices have collapsed to a historic all-time low because of lack of storage facilities and demand amid the coronavirus crisis. US WTI crude futures on Monday crashed below $0…

Puri: The Puri district administration has served notice on the owner of the Malaysian cargo ship ‘Jin Hwa 32’ asking it to extract oil from the ship in two days. Besides, it also asked…

Puri: Three weeks after it drifted to the shore of Chilika Lake, the Malaysian cargo ship ‘Jin Hwa 32’ overturned on Tuesday afternoon. Official sources said that there was no leakage of…

Bhubaneswar: The Odisha government is in talks with the owners of the Malaysian cargo ship ‘Jin Hwa 32’ for removing around 30,000 litres of oil from the stranded vessel at the earliest.…

Bhubaneswar: The depreciating rupee and rising global crude oil prices have led to hike in petrol prices for the 3rd consecutive day on Saturday. Petrol retails at Rs 69.72 per litre in …

Washington DC: Donald Trump has re-imposed US sanctions on Iran after withdrawing from the historic 2015 Iran Nuclear Deal in May. The US wants to put pressure on Iran by reducing its oil…

Rourkela: Oil spilled over to acres of farmland after a pipeline of the Indian Oil Corporation Limited (IOCL) developed a leak near Rama Bahal under Rajgangpur police limits in Rourkela on…

Cuttack: Police on Tuesday busted a fake edible oil manufacturing unit near Jagatpur truck terminal in Cuttack. More than 100 containers filled with mustard and refined oil were seized from…