The results show how the surge in crude prices in the aftermath of Russia's invasion of Ukraine has boosted the industry by lifting crude prices, as well as natural gas prices due to Europe's mobilization to offset lost natural gas imports from Russia
The moves, in diverse industries, highlight the rising economic toll on Russia after its assault on Ukraine unleashed massive sanctions across Western governments.
BPCL, Air India privatisation: Govt to go ahead with disinvestment of PSUs despite opposition, protests
Air India is sitting on a debt pile of around Rs 58,000 crore, besides huge accumulated losses running into thousands of crores.
Govt gives go-ahead to biggest privatisation drive; to sell stake in BPCL, SCI, Concor to help bridge a widening fiscal gap
In the biggest privatisation drive-ever, the Union Cabinet on Wednesday approved sale of government's stake in blue-chip oil firm BPCL, shipping firm SCI and onland cargo mover Concor
The government has 53.3 percent stake in the BPCL which the bidders may buy either on their own or through a consortium.
BPCL privatisation: Saudi Aramco, Rosneft, ExxonMobil among global energy companies likely to bid for govt's stake in state-run oil firm
Privatisation of BPCL will not just shake up the fuel retailing sector long dominated by state-owned firms but also help meet at least a third of the government's Rs 1.05 lakh crore disinvestment target.
Oil-water mix of 3,200 gallons spilled off Canadian island into Atlantic Ocean, efforts to minimize environmental impact underway
An oil platform off the Canadian island of Newfoundland spilled nearly 3,200 gallons of an oil-water mix into the Atlantic Ocean, and efforts were underway to minimize the environmental impact, ExxonMobil said on Thursday.
Papua New Guinea earthquake: Death toll rises to 67 as blocked roads, power outages hinder recovery efforts
At least 67 people were killed by a earthquake that devastated Papua New Guinea's remote highlands last week, the Red Cross said, leaving thousands homeless
Powerful 7.5 magnitude earthquake hits Papua New Guinea, disrupts communications, oil and gas operations
The quake hit Papua New Guinea's mountainous interior and US scientists said there was no tsunami threat.
US may impose sanctions against Venezuela's oil sector, but remains wary of effect on country's people
The United States said on Sunday it has not ruled out sanctions on Venezuelan oil as it turns the screw on President Nicolas Maduro, but is wary of hurting the country's people.
Former ExxonMobil chief executive Rex Tillerson was sworn in Wednesday to take charge of a US State Department simmering with opposition to President Donald Trump's refugee ban.
Propelled to the position of the Secretary of State to "undo" years of American foreign policy "blunders and disasters", ExxonMobil CEO Rex Tillerson now faces the biggest challenge of his life to translate his business acumen to international diplomacy.
ExxonMobile CEO Rex Tillerson, President-elect Donald Trump's apparent choice to lead the State Department, has ample experience in dealing with other nations, but strictly as a businessman, not a diplomat.
President-elect Donald Trump has tapped ExxonMobil chief Rex Tillerson as his secretary of state, US media reported late on Monday.
Many carmakers are predicting a significant shift to electric vehicles in the next decade. Advances in battery technology and the growth of autonomous driving and ride sharing - suited to electric vehicles - will power this expansion, they reason.
ExxonMobil considers India to be an important market and have identified opportunities for growth
Tata Hitachi to use ExxonMobil lubes for its fleet of off-highway equipment
Claims to increase engine life, improved wet-clutch performance and prevent deposit formation
Walmart kept its lock on the top ranking of the Fortune 500 annual list of the largest US companies today, while Apple was the most profitable and Facebook the most upward-bound, Fortune Magazine announced.
Of the 12 Indian companies in the global Top 250 rankings, half appeared on the 50 Fastest Growing list, which included Reliance Industries, Coal India, Indian Oil Corp and Gail, Platts said.