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Essar Oil Dec qtr net profit up 63%; Rs 146-crore forex gain

Last Updated: Tuesday, February 11, 2014, 00:08

Net profit of the company in the December quarter in 2012-13 stood at Rs 32 crore.

Saudi Arabia throttles back from record high oil output

Last Updated: Friday, November 08, 2013, 23:28

The world`s top oil exporter turned down the taps to 9.75 million barrels per day (bpd) in October - versus 10.1 million bpd the previous month, an industry source familiar with the matter told Reuters.

China, Russia agree to tap Siberian oil

Last Updated: Friday, October 18, 2013, 18:49

They will set up a joint venture, with Rosneft controlling 51 percent of the equity and CNPC owning the remaining 49 percent.

OIL commissions 54-MW wind turbine power plant in Rajasthan

Last Updated: Sunday, April 14, 2013, 16:03

The project, which comprises of 27 wind turbine generator (WTG) units of 2,000 kilo-watt each, is located at Dangri in Jaisalmer district, the company said in a statement.

BP oil disaster case settled at $4 bn

Last Updated: Wednesday, January 30, 2013, 23:48

Eleven workers died when BP's Macondo oil well blew out, triggering an explosion on the drilling rig April 20, 2010.