India's Essar Oil to sign $1 bln debt-for-fuel deal with China

Norwegian oil services company Archer today said that it will sell its North American Rental and Tubular division to an affiliate of private equity firm Clearlake Capital Group for $244 million in cash, in order to reduce debt. The Oslo-listed ...

he omega 3 fatty acids in fish oil have long been thought to protect against cardiovascular disease-so much so that the American Heart Association currently recommends eating at least two servings of fish a week, particularly fatty varieties rich in ...

A senior American official on Friday praised India for reducing oil imports from Iran and said the U.S. government will decide soon on New Delhi's request to renew a waiver from sanctions on Tehran. U.S. Under Secretary for Political Affairs Wendy ...

The rupee closed weaker at 54.88 against the dollar on strong demand for the American currency from oil importers and a weaker euro. The Indian unit had closed at 54.78 on Thursday. Despite the gains in the domestic equity markets over the past few days, the ...

NEW YORK, N.Y. - The price of oil fell Tuesday as investors waited for the U.S. Federal Reserve's latest views on the American economy. Benchmark West Texas Intermediate crude for June delivery dropped 55 cents to US$96.16 a barrel on the New York ...

Mangalore Refinery and Petrochemicals (MRPL) plans to begin processing oil from Iraq and Latin America from next year.

The rupee ended lower at 54.25 against the dollar hurt by heavy demand for the American currency from oil importers and weaker equity market. The benchmark Sensex ended 51.14 points lower at 19939...

Indian Oil Corp plans to add three Latin American and two Middle Eastern countries to its annual oil purchase deals in the fiscal year through March, a parliamentary committee said, as the energy-hungry nation diversifies its supply sources. "For 2013/14, new term contracts are being proposed with NOCs (national oil companies) of Colombia, Venezuela and Brazil as well as NOCs of Qatar and Dubai," said a report made available in parliament on Wednesday. The committee suggested India should widen ...

Oil prices climbed in Asian trade today on uncertainty following the death of Hugo Chavez, the president of major Latin American crude producer Venezuela, analysts said.