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State-owned Bharat Petroleum’s sister firms – Indian Oil (IOC) and Hindustan Petroleum (HPCL) – are also exploring possibilities to enter into term agreement with Russia for imports of crude oil. On Wednesday, a source confirmed BPCL’s…

Chhattisgarh chief minister Bhupesh Baghel has written to the Centre and red-flagged the fuel shortage in the state and its adverse impact on ambulance services and agricultural activities. Baghel on Sunday wrote to Union petroleum…

A total of 1,620 students (1431 Male and 189 Female) received their degrees in various disciplines during the 24th Convocation of the Indian Institute of Technology Guwahati (IIT). The graduating students include 697 BTech and BDes…

Crude oil throughput by Indian refiners rose in May from a relatively low base last year, but concerns loomed over supply amid rapid demand growth in the world's third biggest oil consumer. Indian refiners' crude oil throughput in May…

New Delhi: In a bid to rein in private fuel retailers curtailing operations to cut losses, the government has expanded the scope of Universal Service Obligation (USO), mandating licensed entities to maintain petrol and diesel sales at…

BSE Sensex and NSE Nifty 50 were trading flat with a positive bias on Wednesday, a day before weekly F&O expiry. Market participants were keenly eyeing the outcome of the FOMC meet, which is scheduled to be released tonight. So far…

A petrol and diesel crisis has hit Rajasthan hard with around 2,000 petrol pumps across the state, including 100 in Jaipur, have gone dry. According to petroleum dealers, and have restricted the fuel supply and are providing only 33…