Category: Oil & Gas

Energy officials from Qatar and Turkey, long-standing foes of the United Arab Emirates, descended on Dubai along with hundreds of other executives on Tuesday, flocking to the world’s largest gas expo and the industry’s first in-person conference since the pandemic began. In a scene that would have been unthinkable just a year ago, the Emirati […]

MELBOURNE: Oil NSE 1.51 % prices rose around 1% on Wednesday, extending overnight gains, after industry data showed U.S. crude stocks fell more than expected last week in the wake of two hurricanes, highlighting tight supply as demand improves. U.S. West Texas Intermediate (WTI) crude futures rose 75 cents, or 1.1%, to $71.24 a barrel […]

RPG Enterprises’ flagship infrastructure company, KEC NSE 1.54 % International, has diversified into engineering and construction for the oil and gas sector with an acquisition and a key appointment of a senior executive, and has ambitions of bagging big-ticket orders in future, its chief executive told ET. On Saturday, KEC announced the acquisition of Gujarat-based […]

India’s oil imports rose to a four-month high of about 4.2 million barrels per day in August, recovering from the near 1-year low hit in July, tanker data from trade sources showed, as some refiners plan to boost runs in anticipation of pent-up demand around the festival season. Oil imports last month rose about 23% […]

TOKYO: Oil prices rose on Tuesday as analysts pointed to signs of US supply tightness, ending days of losses as global markets remain haunted by the potential impact on China’s economy of a crisis at heavily indebted property group China Evergrande. Brent crude gained 52 cents or 0.7% to $74.44 a barrel by 0212 GMT, […]

HDFC Securities has add call on Gujarat State Petronet with a target price of Rs 360. The current market price of Gujarat State Petronet is Rs 313.4. Time period given by analyst is one year when Gujarat State Petronet Ltd. price can reach defined target. Gujarat State Petronet Ltd., incorporated in the year 1998, is […]

RPG Enterprises’ flagship infrastructure company, KEC NSE 4.77 % International, has diversified into engineering and construction for the oil and gas sector with an acquisition and a key appointment of a senior executive, and has ambitions of bagging big-ticket orders in future, its chief executive told ET. On Saturday, KEC announced the acquisition of Gujarat-based […]

RPG Enterprises’ flagship infrastructure company, KEC NSE 5.23 % International, has diversified into engineering and construction for the oil and gas sector with an acquisition and a key appointment of a senior executive, and has ambitions of bagging big-ticket orders in future, its chief executive told ET.

In yet another twist to the tortuous debt resolution at Videocon Group, lead consortium lender State Bank of India has approached an appeals court to direct the Committee of Creditors (CoC) to reconsider its decision to accept a 95% collective haircut on the exposure. State Bank of India (SBI) is now seeking directions from the […]

Almost four out of every five Indians want petrol and diesel to come under Goods and Services Tax (GST), as they grapple with the rising cost, a LocalCircles survey said. About 77% of the respondents said that they would want petrol and diesel under GST. “Majority of the Indian households want petrol and diesel to […]

It has been a lingering question for long whether or not bringing petrol and diesel under the goods and services tax (GST) regime would benefit the consumers given the rising price of the fuel. The long speculated issue could soon come to a conclusion at the 45th GST council meet that was held in Lucknow […]

The Goods and Services Tax Council will today hold its first physical meeting since the start of the pandemic and is expected to take up issues such as inclusion of petroleum products within the tax ambit, extension of compensation for states beyond 2022 and a host of tax changes including continuation of reduced tax on […]