Mar 24, 2017 at 10:34 | Source: CNBC-TV18
MK Surana, CMD of Hindustan Petroleum Corporation Ltd expects to end FY17 with GRMs of around USD 6 per barrel.
Mar 08, 2017 at 07:59 | Source: Reuters
The kingdom led a pact between the Organization of the Petroleum Exporting Countries and other major producers, such as Russia and Kazakhstan, to cut global crude output by about 1.8 million barrels per day from Jan. 1, and bring supply closer to demand.
Mar 07, 2017 at 07:42 | Source: PTI
Being attended by top world leaders including those from the corporate sector and oil ministers of countries like Saudi Arabia, Russia, the United Arab Emirates and Canada, the Indian delegation is led by the Union Petroleum Minister Dharmendra Pradhan.
Mar 02, 2017 at 17:38 | Source: Reuters
The country's oil and gas condensate output remained at 11.11 million barrels per day (bpd) last month, down 100,000 bpd from levels agreed as the starting point for the accord.
Feb 28, 2017 at 12:22 | Source: Reuters
This is the level the OPEC heavyweight and its Gulf allies - the United Arab Emirates, Kuwait and Qatar - believe would encourage investment in new fields but not lead to a jump in US shale output, the sources said.
Feb 17, 2017 at 12:03 | Source: Moneycontrol.com
On the other side, the exchange will remove country's third largest telecom operator Idea Cellular and state-run power equipment maker BHEL with effect from same date. After this news, stocks fell as much as 5.4 percent and 2.3 percent, respectively.
Feb 16, 2017 at 12:28 | Source: CNBC-TV18
The decision of the OPEC countries to cut output in an effort to reduce global glut has created ripples in the oil market. But, HPCL's Chief, MK Surana believes prices will not rise substantially.
Feb 16, 2017 at 09:05 | Source: Reuters
The Organization of the Petroleum Exporting Countries (OPEC) and other producers including Russia have agreed to cut output by almost 1.8 million barrels per day (bpd) during the first half of 2017, and estimates suggest compliance by OPEC is around 90 percent.
Feb 15, 2017 at 13:04 | Source: PTI
Country's total vegetable oil imports fell by 19 percent to 10.24 lakh tonnes in January this year from 12.58 lakh tonnes in the year-ago period.
Feb 10, 2017 at 17:44 | Source: PTI
OPEC countries are largely complying with a landmark deal to reduce the global oil glut, the IEA said Friday, as it predicted that oil demand was likely to be more vigorous than anticipated this year.