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Petrol, diesel prices hiked by Rs 3 a litre

India Infoline News Service | Mumbai | March 01, 2015 09:42 IST

The petrol prices are hiked by Rs 3.18 per litre while diesel by Rs 3.09 per litre.

Oil and Gas Newsletter 23-28 February 2015

India Infoline News Service | Mumbai | February 28, 2015 17:50 IST

Moody's Investors Service says that the majority of Asian oil & gas companies, with their ample liquidity, remain well-positioned in the face of lower oil prices, but their standalone credit quality will deterioriate.

Excise duty of Rs4 on petrol, diesel converted to road cess - Positive for IRB Infra, Sadhbhav Eng

India Infoline News Service | Mumbai | February 28, 2015 12:34 IST

Excise duty of Rs4 on petrol, diesel converted to road cess - Positive for IRB Infra, Sadhbhav Eng

Crude oil price rises sharply on Friday

India Infoline News Service | Mumbai | February 28, 2015 09:45 IST

WTI crude oil for April delivery rose 2.65% or 1.27 points to $49.45 a barrel on Friday

Cairn India: Operations of the Company remain unaffected

India Infoline News Service | Mumbai | February 26, 2015 11:55 IST

The Exchange had sought clarification from Cairn India Ltd on February 25, 2015 with respect to the recent media reports on "Corporate Espionage" referring to information leakage of classified documents from the petroleum ministry.

Global crude oil price of Indian Basket was US$ 56.71 per bbl on Thursday

India Infoline News Service | Mumbai | February 26, 2015 11:17 IST

Rupee closed stronger at Rs 62.05 per US$ on 25.02.2015 as against Rs 62.28 per US$ on Tuesday.

Essar Oil to shut down Vadinar refinery: stock flat

India Infoline News Service | Mumbai | February 26, 2015 09:58 IST

According to a media report, Essar Oil will shut down its Vadinar refinery for about four weeks for maintenance work.

Recommendations submitted by PNGRB on marketing margin: Dharmendra Pradhan

India Infoline News Service | Mumbai | February 25, 2015 17:49 IST

The Minister of State (I/C) for Petroleum & Natural Gas Dharmendra Pradhan informed the Rajya Sabha in a written reply today that Petroleum and Natural Gas Regulatory Board (PNGRB) has submitted its recommendations to Ministry of Petroleum & Natural Gas (MoP&NG) on 20.01.2015

India's crude oil import bill falls Rs. 12,328 cr

India Infoline News Service | Mumbai | February 25, 2015 15:59 IST

The government continuously monitors the export / import performance of different sectors, including crude oil

Global crude oil price of Indian Basket was US$ 56.76 per bbl on Wednesday

India Infoline News Service | Mumbai | February 25, 2015 12:47 IST

Rupee closed weaker at Rs 62.28 per US$ on 24.02.2015 as against Rs 62.18 per US$ on Monday.

ONGC closes down ~3% on BSE

India Infoline News Service | Mumbai | February 24, 2015 15:47 IST

The stock hit a high of Rs. 327 and a low of Rs. 313 during the day.

Cairn India closes down 3% on BSE

India Infoline News Service | Mumbai | February 24, 2015 15:43 IST

The stock hit a high of Rs. 249 and a low of Rs. 240 during the day.

Global crude oil prices of Indian basket at $57.39bbl on Tuesday

India Infoline News Service | Mumbai | February 24, 2015 13:30 IST

Rupee closed stronger at Rs. 62.18 per US$ on Monday as against Rs 62.26 per US$ on Friday.

2 dead, 13 injured in explosion at Gulf Oil Corp factory

India Infoline News Service | Mumbai | February 24, 2015 11:31 IST

The stock has hit a high of Rs 158 and a low of Rs 157.

Cairn India trades flat in opening trade

India Infoline News Service | Mumbai | February 24, 2015 09:29 IST

The stock has hit a high of Rs. 249 and a low of Rs. 246.10.

Cairn Energy lays off 40% staff

India Infoline News Service | Mumbai | February 23, 2015 15:18 IST

Cairn has laid off 100 employees across the board as a cost cutting measure, says report.

Moody's: Asian oil & gas companies well placed to respond to lower oil prices

India Infoline News Service | Mumbai | February 23, 2015 13:17 IST

"The steep drop in crude oil prices since mid-2014 will materially reduce the earnings and cash flows of these companies and weaken their credit metrics in 2015," says Vikas Halan, a Moody's Vice President and Senior Credit Officer.

Asian LNG Prices Likely to Fall: Fitch Ratings says

India Infoline News Service | Mumbai | February 23, 2015 12:24 IST

Lower LNG prices expected later in the year would inevitably hit 2015 earnings, Fitch Ratings says.

Global crude oil price of Indian Basket at US$ 55.90 per bbl

India Infoline News Service | Mumbai | February 23, 2015 11:07 IST

The price of Indian Basket increased to Rs 3729.37 per bbl on 20.02.2015 as compared to Rs 3728.78 per bbl on 18.02.2015.

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