Petroleum
- Business
Central PSUs record 47 pc jump in net profit for 2023-24
New Delhi: Overall Net Profit of operating Central Public Sector Enterprises (CPSEs) rose to Rs 3.22 lakh crore in FY24 as against Rs 2.18 lakh crore in FY23 showing an increase of…
- Middle East
Egypt announces new oil discovery in Western Desert
Khalda Petroleum Company, operating in the Kalabsha Development Area of the Egyptian Western Desert, announced a new oil discovery in the West Fewebs-1 area. The well was tested by drilling 270 feet…
- Kerala
No fuel to govt vehicles till dues cleared, says Kerala petroleum dealers
Thiruvananthapuram: With the Kerala government’s dues to various petroleum dealers mounting as its financial position in dire straits, the dealers have decided that from January 1, no more fuel will be given…
- India
Vedanta receives arbitration award in Rajasthan oil block case
New Delhi: Vedanta Ltd has won an arbitration award in the Rajasthan oil block case. “Company has received an arbitration award dated August 23, 2023 inter alia upholding the contention of the…
- Telangana
Carry change for Rs 2K or pay via UPI: Telangana petrol dealers
Hyderabad: Telangana Petroleum Dealers Association (TPDA) have urged their customers to keep petty cash available or rather use digital payment method such as UPI at petrol pumps. A surge in the number…
- Business
Petroleum products can be brought under GST if consensus reached: Sitharaman
New Delhi: Finance Minister Nirmala Sitharaman on Wednesday said that if states arrive at a consensus, then petroleum products can be brought under the GST regime Addressing a post-budget interactive session organised…
- World
Fire at British Petroleum refinery in US kills 2 staffers
Washington: Fire at a British Petroleum (BP) refinery in the US state of Ohio led to the deaths of two staff members, the company said. All other staff of the Husky Toledo…
- World
24 foreign firms interested in entering petroleum biz in SL: Minister
Colombo: Twenty-four companies from India, the United Arab Emirates (UAE), Saudi Arabia, the US, China, Russia, the UK, Malaysia, Norway, and the Philippines are interested in the petroleum business in Sri Lanka,…
- Pakistan
Pakistan government begins probe into misuse of petroleum imports from China
Islamabad: Probe into misuse of petroleum imports from China began in Pakistan as the federal government on Friday ordered all oil marketing companies (OMCs) to provide evidence-based data on the import of…