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Indian Oil Corp Agrees Fuels Deal For Crisis-Hit Sri Lanka
Indian Oil Corp (IOC) will supply gasoil, gasoline and jet fuel to Sri Lanka, as the island nation fights a crippling economic crisis that has caused an acute fuel shortage.
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Chinese Firm Suspends Venezuelan Oil Loading Over US Sanction Fears
China National Petroleum Corp, a leading buyer of Venezuelan oil, has halted August loadings following the latest set of U.S. sanctions on the South American exporter, two Beijing-based senior sources with direct knowledge of the matter told Reuters on Monday.
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Iran Says Foreign Oil Tanker "Smuggling Fuel" To Arab Countries Seized
Iran's Revolutionary Guards Corps has seized a foreign oil tanker in the Gulf that was smuggling fuel to some Arab states, Iran's state TV reported, adding that seven sailors onboard of the tanker had been detained.
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Indian Crew Of Iran Oil Tanker 'Safe' In Gibraltar: 10 Point Update
The foreign ministry has reached out to both Iranian and British authorities seeking the release and repatriation of the 42 Indian nationals caught in the middle of a standoff between the two countries. The UK seized an Iranian tanker off the coast of Gibraltar, a British Overseas Territory, earlier this month. Weeks later, Iran responded by seizin...
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Delhi To Get Euro-VI Fuel From Tomorrow
State-owned oil firms will from tomorrow supply petrol and diesel meeting stringent Euro-VI emission norms in the national capital.
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Petrol Prices At Fresh 3-Year Highs; Diesel Rates Surge Further
Petrol prices in the national capital were at Rs 72.49 per litre -- the highest in over three years, data from Indian Oil Corp showed.
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Iran Ends Free Oil Shipping To India
Iran, no longer under sanctions, has ended free shipping of crude oil to India and has terminated a three-year old system of getting paid for half of the oil dues in rupees.
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India to Pay Another $700 Million to Iran on October 12
India on October 12 will pay another USD 700 million to Iran to clear part of past oil dues, the second payment since the Persian Gulf nation reached a historic nuclear deal with western powers.
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Huge Oil Depot Blaze Puts Tripoli Under Threat
Libyan firefighters have failed to put out a huge oil tank blaze started by clashes around Tripoli airport, officials said Monday, adding that an air intervention is needed to avert a catastrophe.
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Libyan Protesters Shut Down Brega Oil Port
Protesters have shut down the eastern Libyan oil port Brega, state firm National Oil Corp (NOC) said on Saturday, days after the government celebrated the reopening of major ports following almost a year of blockage.
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Libyan Protesters Shut Down Brega Oil Port
Protesters have shut down the eastern Libyan oil port Brega, state firm National Oil Corp (NOC) said on Saturday, days after the government celebrated the reopening of major ports following almost a year of blockage.
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One of China's richest women ousted from top political body
A businesswoman ranked as one of the 50 wealthiest in China has been ousted from a senior political organisation, with state media on Friday pointing to her links to a former high-ranking official facing graft allegations.
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China launches sweeping probe as oil pipeline blast toll rises
China has launched a broad investigation into safety at oil and gas pipelines, state media reported on Monday, as the death toll from an explosion at a Sinopec pipeline last week rose to 52.
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Bad news for aviation, jet fuel prices hiked
State-owned oil companies today hiked jet fuel prices for the second time this month, raising rates by a steep 2 per cent with effect from midnight tonight. "The price of aviation turbine fuel (ATF), or jet fuel, at Delhi's T3 airport was raised by Rs 1,195 per kilolitre (kl), or 1.95 per cent, to Rs 62,310.33 per kl with effect from midnight tonig...
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Indian Oil Corp defends petrol price hike
A day after raising petrol price by a steep Rs 1.80 a litre, Indian Oil Corp, the nation's largest fuel retailer, today said the hike was unavoidable as rupee depreciation has made crude imports costlier.
-
Indian Oil Corp Agrees Fuels Deal For Crisis-Hit Sri Lanka
Indian Oil Corp (IOC) will supply gasoil, gasoline and jet fuel to Sri Lanka, as the island nation fights a crippling economic crisis that has caused an acute fuel shortage.
-
Chinese Firm Suspends Venezuelan Oil Loading Over US Sanction Fears
China National Petroleum Corp, a leading buyer of Venezuelan oil, has halted August loadings following the latest set of U.S. sanctions on the South American exporter, two Beijing-based senior sources with direct knowledge of the matter told Reuters on Monday.
-
Iran Says Foreign Oil Tanker "Smuggling Fuel" To Arab Countries Seized
Iran's Revolutionary Guards Corps has seized a foreign oil tanker in the Gulf that was smuggling fuel to some Arab states, Iran's state TV reported, adding that seven sailors onboard of the tanker had been detained.
-
Indian Crew Of Iran Oil Tanker 'Safe' In Gibraltar: 10 Point Update
The foreign ministry has reached out to both Iranian and British authorities seeking the release and repatriation of the 42 Indian nationals caught in the middle of a standoff between the two countries. The UK seized an Iranian tanker off the coast of Gibraltar, a British Overseas Territory, earlier this month. Weeks later, Iran responded by seizin...
-
Delhi To Get Euro-VI Fuel From Tomorrow
State-owned oil firms will from tomorrow supply petrol and diesel meeting stringent Euro-VI emission norms in the national capital.
-
Petrol Prices At Fresh 3-Year Highs; Diesel Rates Surge Further
Petrol prices in the national capital were at Rs 72.49 per litre -- the highest in over three years, data from Indian Oil Corp showed.
-
Iran Ends Free Oil Shipping To India
Iran, no longer under sanctions, has ended free shipping of crude oil to India and has terminated a three-year old system of getting paid for half of the oil dues in rupees.
-
India to Pay Another $700 Million to Iran on October 12
India on October 12 will pay another USD 700 million to Iran to clear part of past oil dues, the second payment since the Persian Gulf nation reached a historic nuclear deal with western powers.
-
Huge Oil Depot Blaze Puts Tripoli Under Threat
Libyan firefighters have failed to put out a huge oil tank blaze started by clashes around Tripoli airport, officials said Monday, adding that an air intervention is needed to avert a catastrophe.
-
Libyan Protesters Shut Down Brega Oil Port
Protesters have shut down the eastern Libyan oil port Brega, state firm National Oil Corp (NOC) said on Saturday, days after the government celebrated the reopening of major ports following almost a year of blockage.
-
Libyan Protesters Shut Down Brega Oil Port
Protesters have shut down the eastern Libyan oil port Brega, state firm National Oil Corp (NOC) said on Saturday, days after the government celebrated the reopening of major ports following almost a year of blockage.
-
One of China's richest women ousted from top political body
A businesswoman ranked as one of the 50 wealthiest in China has been ousted from a senior political organisation, with state media on Friday pointing to her links to a former high-ranking official facing graft allegations.
-
China launches sweeping probe as oil pipeline blast toll rises
China has launched a broad investigation into safety at oil and gas pipelines, state media reported on Monday, as the death toll from an explosion at a Sinopec pipeline last week rose to 52.
-
Bad news for aviation, jet fuel prices hiked
State-owned oil companies today hiked jet fuel prices for the second time this month, raising rates by a steep 2 per cent with effect from midnight tonight. "The price of aviation turbine fuel (ATF), or jet fuel, at Delhi's T3 airport was raised by Rs 1,195 per kilolitre (kl), or 1.95 per cent, to Rs 62,310.33 per kl with effect from midnight tonig...
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Indian Oil Corp defends petrol price hike
A day after raising petrol price by a steep Rs 1.80 a litre, Indian Oil Corp, the nation's largest fuel retailer, today said the hike was unavoidable as rupee depreciation has made crude imports costlier.
