Reliance has purchased Venezuelan crude oil from companies such as (Russia's) Rosneft long before the imposition of the US sanctions, as they do get title to Venezuelan oil in return for reduction in their prior debt.

In the last financial year, the power producer made a profit of Rs 245 crore on a turnover of Rs 3,778 crore.

China could be next to India with gains ranging between Rs 0.27-2.31 lakh crore.

The land for a proposed India-UAE-Saudi Arabia oil refinery in Maharashtra will be allocated in the coming weeks

The changed business environment had hit the once-monolithic BHEL hard. It is trying to move with the times, but pitfalls remain.

Oil supply, led by U.S. producers, is growing faster than demand and to prevent a build-up of unused fuel such as the one that emerged in 2015, the Organization of the Petroleum Exporting Countries is expected to cut output.

India's largest infrastructure conglomerate Adani Group and French energy giant Total SA Wednesday announced a partnership to develop liquefied natural gas (LNG) import terminals and fuel retailing network in India.