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ONGC gets green nod for exploratory drilling in KG basin

ONGC gets green nod for exploratory drilling in KG basin

The current production of oil and gas is 750-800 tonnes per day and 2.5-3 million cubic metres of gas, respectively, from various facilities in this area.

Five lesser-known health benefits of almond oil!

Five lesser-known health benefits of almond oil!

Almond oil is considered to be good for skin and a boon for our health.

Oil off on supply fears; stocks slip before French election

Oil off on supply fears; stocks slip before French election

Oil prices fell on Friday as oversupply concerns resurfaced, while the euro and stocks slipped ahead of the first round of the French presidential election on Sunday.

Oil prices claw back some losses, but oversupply still weighs

US gasoline stocks posted a counter-seasonal build of 1.5 million barrels, because of rising refining activity.

OIL raises $500 mn in overseas bonds to part repay bridge loan

State-owned Oil India Ltd has raised USD 500 million through overseas bonds to pay for the bridge loan it had taken to acquire stake in Russian oilfields.

Oil prices firm on strong demand, political uncertainty in Syria

Oil prices firm on strong demand, political uncertainty in Syria

US West Texas Intermediate (WTI) crude futures were up 10 cents at $52.34 a barrel.

Make your bundle of joy a healthy one; give your baby an ayurvedic oil massage!

Make your bundle of joy a healthy one; give your baby an ayurvedic oil massage!

Do you know that an oil massage is good for your baby? 

Oil hits one-month high near $55 on tighter supplies

Oil hits one-month high near $55 on tighter supplies

Oil hit a one-month high near $55 a barrel on Wednesday as a drop in US crude inventories raised hopes that OPEC-led supply restraint is clearing a glut, while an outage at a UK North Sea oilfield lent support.

Oil hits 3-week highs as OPEC deal extension seen likely

Oil prices jumped for a third day on Thursday to their highest in three weeks after Kuwait gave its backing for an extension of OPEC production cuts in an attempt to reduce global oversupply.

Oil slips towards $50 on doubts over duration of output cut

Oil slips towards $50 on doubts over duration of output cut

Oil fell further towards $50 a barrel on Monday, pressured by uncertainty over whether an OPEC-led production cut will be extended beyond June in an effort to counter a glut of crude.

Cabinet nod for 31 bids for small oil, gas fields exploration

The Cabinet Committee on Economic Affairs, Wednesday gave its approval to award contract in 31 contract areas (44 fields – 28 onland and 16 offshore) of discovered small fields of Oil and Natural Gas Corporation (ONGC) and Oil India Limited (OIL). 

India's 2016 Iran oil imports hit record high

India's 2016 Iran oil imports hit record high

India`s annual oil imports from Iran surged to a record high in 2016 as some refiners resumed purchases after the lifting of sanctions against Tehran.

Coconut oil: Side effects you need to know!

Coconut oil: Side effects you need to know!

We all know that coconut oil gives many health, nutritional and beauty benefits.

Top five health benefits of castor oil!

Top five health benefits of castor oil!

Castor oil is one of the most widely used ingredients and also gives many health bnefits.

OPEC agrees to reduce oil production, first since 2008

Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.

Oil prices jump 8% as OPEC agrees first production cut since 2008

Oil prices jump 8% as OPEC agrees first production cut since 2008

Oil prices jumped more than 8 percent on Wednesday to a five-week high as some of the world`s largest oil producers agreed to curb oil output for the first time since 2008 in a last-ditch bid to support prices.

Weak US dollar pushes oil at three-week high ahead of OPEC meeting

Weak US dollar pushes oil at three-week high ahead of OPEC meeting

Oil prices rose on Monday to their highest in three weeks, catching a lift from a weaker U.S. dollar and from cautious money managers, as OPEC appeared to be moving closer to agreeing an output cut when it meets next week.

Angolan state oil company mirrors nation's troubles

Angolan state oil company mirrors nation's troubles

Angolan state-owned oil company Sonangol rode the commodities boom that drove the country`s extraordinary growth after civil war ended in 2002, but today it symbolises a national economic crisis.

India receives 1st parcel of Iranian oil for strategic storage

India receives 1st parcel of Iranian oil for strategic storage

India has imported the first parcel of Iranian oil to partly fill the underground strategic oil storage it has built at Mangalore.

Russia to drive non-OPEC output rise in 2017: Cartel

Russia to drive non-OPEC output rise in 2017: Cartel

OPEC said Wednesday that new projects in Russia were set to drive oil production by countries outside the exporters' cartel slightly higher next year than first expected.