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Iran to export gas oil soon

Iran to export gas oil soon

Kerman, (IRNA) : The First Vice-President Eshaq Jahangiri said that Iran will soon turn into an exporter of gas oil. Speaking to a group of officials in Kerman Province, cwnreal Iran, Jahangiri said that once used to be an importer ...

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Oil goes below $50 a barrel as US stocks build

Oil goes below $50 a barrel as US stocks build

New York/New Delhi, (IANS) : Oil prices went under the psychological $50 a barrel mark on Thursday on the back of a supply glut offsetting some of output cut efforts from the Organisation of the Petroleum Exporting Countries. The West ...

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Saudi oil company to invest $7 bn in Malaysia

Saudi oil company to invest $7 bn in Malaysia

Kuala Lumpur, (IANS) : The oil company Saudi Aramco will invest seven billion dollars in a refinery and petrochemical development project in Malaysia following a deal with Malaysia’s Petronas, media reports said on Tuesday. The agreement reached by the two ...

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BPCL plans to raise Rs 2,000 crore

BPCL plans to raise Rs 2,000 crore

Mumbai, (IANS) : State-run oil marketing company Bharat Petroleum Corporation Ltd (BPCL) on Friday said that it plans to raise up to Rs 2,000 crore through private placement of secured non-convertible debentures during the current financial year. The company informed ...

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Oil prices fall on rising US rig count

Oil prices fall on rising US rig count

New York, (IANS) : Oil prices fell on Monday as signs of rising US crude output continued to weigh on prices. The US rig count last week was up 8 to 591, Xinhua news agency cited data released by oilfield ...

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Coal India’s net profit falls 20.25% in Q3

Coal India’s net profit falls 20.25% in Q3

Kolkata, (IANS) : Coal India Ltd (CIL) on Saturday reported a 20.25 percent fall in consolidated net profit to Rs 2,884.47 crore in the quarter ended December 31, 2016 against Rs 3,617.18 crore in the corresponding quarter last year. Its ...

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