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Crude oil prices fall on news of possible Saudi oilfield expansion

Apr 25, 2016

Crude oil prices fall on news of possible Saudi oilfield expansion

Prices tumbled initially last Monday after the collapse of a meeting of major producers aimed at freezing output. #Energy #oil #gas #Saudi oilfield expansion
Global oil prices will remain low for long, at least 3-5 years: Mukesh Ambani on Fareed Zakaria GPS

Feb 22, 2016

Global oil prices will remain low for long, at least 3-5 years: Mukesh Ambani on Fareed Zakaria GPS

"As we see the situation- it’s low for long. And it’s really the first time in the world that oil prices have gone down on incremental supply." #oil #TheySaidIt ##CelebratingJio #MukeshAmbani #FareedZakaria
Trade, security cooperation to be focus of Modi-Al Nahyan talks tomorrow

Feb 10, 2016

Trade, security cooperation to be focus of Modi-Al Nahyan talks tomorrow

Boosting trade ties by ramping up UAE's investment in India and stepping up defence and security cooperation in the wake of rising threat of ISIS are set to be the major focus of talks between Abu Dhabi's Crown Prince Sheikh Mohamed bin Zayed Al Nahyan and Prime Minister Narendra Modi on Thursday. #Pranab Mukherjee #Narendra Modi #oil #NewsTracker #UAE #islamic-state #Al Nahyan
Vice President Hamid Ansari concludes three-day visit to Brunei, leaves for Thailand

Feb 03, 2016

Vice President Hamid Ansari concludes three-day visit to Brunei, leaves for Thailand

Vice President Hamid Ansari on Wednesday left for Thailand for the second leg of his two-nation visit after concluding his three-day trip to Brunei during which he held talks with the top leadership of the oil and gas-rich nation and oversaw signing of three agreements. #oil #NewsTracker #Thailand #Hamid Ansari #vice-president #Brunei
Petrol eases by 4 paise, diesel price down 3 paise

Feb 01, 2016

Petrol eases by 4 paise, diesel price down 3 paise

Petrol price was today slashed by a marginal 4 paise a litre and diesel by 3 paise a litre as the government raised excise duty to deny consumers full benefit of falling international oil prices. #oil #Petrol #IOC #Diesel #Crude #BPCL #prices #HPCL
Budget 2016: Govt may further hike excise on petrol, diesel before Budget

Jan 22, 2016

Budget 2016: Govt may further hike excise on petrol, diesel before Budget

The government is looking at one more hike in excise duty on petrol and diesel before the Budget next month so as to raise revenue and stick to the fiscal deficit target for 2015-16. #oil #Petrol #fiscal deficit #Arun Jaitley #Diesel #NDA #PSU #excise duty #Union Budget 2016 #Economy 2016
Moody's places ONGC, OVL rating on review for downgrade

Jan 22, 2016

Moody's places ONGC, OVL rating on review for downgrade

Moody's Investors Service today placed the ratings of state-run oil producers ONGC and its subsidiary ONGC Videsh "on review for downgrade" on slumping oil prices, weakening demand and prolonged period of oversupply. #oil #ONGC #Moody's #Crude #Downgrade #review #Ratings #OVL
Modi zing vanishes from market as Sensex hits 2014 levels on global sell-off, rupee crash

Jan 20, 2016

Modi zing vanishes from market as Sensex hits 2014 levels on global sell-off, rupee crash

Since December 31, the Sensex has so far lost a whopping 2,055.50 points, or 7.9 percent #Sensex #nifty #FIIs #oil #Rupee #Chinese slowdown
Oil firms' under-recoveries set to drop 58% in FY16 on bearish crude, direct cash transfers

Dec 31, 2015

Oil firms' under-recoveries set to drop 58% in FY16 on bearish crude, direct cash transfers

According to Icra report, under-recoveries of oil companies is likely to fall to Rs 30,000 crore in the current fiscal from Rs 72,300 crore in FY15 #crude oil #oil #ONGC #GAIL #OPEC #Icra #upstream oil firms