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  Oil tanker runs aground off Chennai, 15 sailors rescued, 6 still missing

  India | November 01, 2012 21:21 IST

  Chennai, Nov 1: Fifteen sailors were today rescued and a search was on for six other missing crews who were on board an oil tanker that drifted and ran aground off the city coast in

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  OIL, IOC acquire 30% stake in US firm Carrizo for $82.5 mn

  October 04, 2012 17:58 IST

  New Delhi, Oct 4: State-owned Oil India Ltd (OIL) and Indian Oil Corp (IOC) on Thursday announced the acquisition of 30 per cent stake in US firm Carrizo Oil and Gas Inc's shale gas assets

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  Karuna criticises Jaya's statement on petrol price reduction

  Politics | July 01, 2012 19:13 IST

  Chennai, Jul 1: Criticising Tamil Nadu Chief Minister Jayalalithaa's statement that the recent reduction of petrol prices by oil marketing companies was an “eye wash”, DMK Chief M Karunanidhi today asked the state government whether

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  India May Face US Sanctions Over Oil Purchase From Iran

  World | March 27, 2012 7:10 IST

  Washington, Mar 27: The US will decide by the end of June whether to impose sanctions on 12 countries, including India and China, with regard to their purchase of crude oil from Iran, an official

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  Iran Sets Conditions For Oil To European Nations

  World | February 21, 2012 22:19 IST

  Tehran, Feb 21: Iran has laid out conditions for future oil exports to other European countries after halting sales to Britain and France earlier this week, the Iranian Foreign Ministry spokesman said today.The remarks by

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  Oil Companies Hike Jet Fuel Prices

  October 31, 2011 20:27 IST

  New Delhi, Oct 15: After a one-off reduction, state-owned oil companies today hiked jet fuel prices by a steep 3.8 per cent in line.The price of aviation turbine fuel (ATF), or jet fuel, at Delhi's

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  China Gives Veiled Warning To India Over Oil Move In Vietnam

  India | September 16, 2011 22:09 IST

  Beijing, Sept 16: Chinese Foreign Ministry today refused to join issue with India over its assertion to go ahead with oil exploration cooperation with Vietnam in the South China Sea despite Beijing's objections, but an

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  Oil PSUs Hike Jet Fuel Price

  July 15, 2011 20:21 IST

  New Delhi, July 15: State-owned oil firms today hiked jet fuel or ATF price by a marginal Rs 78 per kilolitre with effect from midnight tonight.Aviation Turbine Fuel (ATF) in Delhi will cost Rs 56,324.79

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  Oil Retailers Raise ATF Price By 3.4 PC

  India | February 28, 2011 21:56 IST

  New Delhi, Feb 28: For the 10th fortnight in a row, state-owned oil firms today raised jet fuel price by 3.4 per cent in line with spike in crude oil prices. Aviation turbine fuel (ATF)

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  Oil Retailers Hike Jet Fuel Prices By Over 4 PC

  India | February 15, 2011 20:42 IST

  New Delhi, Feb 15: State-run oil firms today raised jet fuel price by a massive 4 per cent, the ninth straight increase in rates since October. Aviation Turbine Fuel (ATF) rates in Delhi have been

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  Oil Falls Below $73 In Asia On Economic Fears

  World | August 24, 2010 10:27 IST

  KUALA LUMPUR, Malaysia (AP) — Oil prices fell below $73 a barrel in Asia on Tuesday as regional markets remained muted amid fresh concerns about the pace of the global economic recovery. Benchmark crude for

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