oil

New Delhi: The Ministry of Petroleum and Natural Gas on Tuesday signed contracts for 11 blocks awarded under Open Acreage Licensing Programme (OALP) Bid Round-V in the presence of Union Minister of Petroleum and Natural Gas and Steel…

New Delhi: Oil prices have collapsed to a historic all-time low because of lack of storage facilities and demand amid the coronavirus crisis. US WTI crude futures on Monday crashed below $0 trading at $-39 a barrel. This means some…

Puri: The Puri district administration has served notice on the owner of the Malaysian cargo ship ‘Jin Hwa 32’ asking it to extract oil from the ship in two days. Besides, it also asked the owner to take necessary measures to remove the…

Puri: Three weeks after it drifted to the shore of Chilika Lake, the Malaysian cargo ship ‘Jin Hwa 32’ overturned on Tuesday afternoon. Official sources said that there was no leakage of oil from the vessel since the engine was intact and…

Bhubaneswar: The Odisha government is in talks with the owners of the Malaysian cargo ship ‘Jin Hwa 32’ for removing around 30,000 litres of oil from the stranded vessel at the earliest. The Puri district administration had expressed…

Bhubaneswar: The depreciating rupee and rising global crude oil prices have led to hike in petrol prices for the 3rd consecutive day on Saturday. Petrol retails at Rs 69.72 per litre in Bhubaneswar and diesel stands at Rs 69.86 a litre.…