Page 2 - Oil Firms

Oil refiners shut plants fearing lost demand may never come back

Consumption has not returned to pre-pandemic levels and lower travel may be here to stay, leading to the possibility plants may shut permanently

As Exxon Mobil is removed from the Dow, is this the end for Big Oil?

It's not the first time that there's only been one oil and gas company in the Dow

India state-owned refiners halt oil imports from Chinese companies: Report

Refiners stop sending crude import tenders to Chinese trading firm like CNOOC, Unipec and PetroChina, among others

Shareholders of big oil to 'drown' in cash as firms shift to renewables

"Shareholders will be drowned in capital paid back by energy majors in the next 20 years," Rystad Energy said

Air India owes Rs 5,000 crore in dues, didn't pay for 2 years: Oil firms

National carrier cancels one flight, reduces load on seven others after OMCs pare supplies at six airports

Brief case: Foreign oil survey firms to pay tax

SC confirmed that foreign oil exploration firms are liable to pay income tax as mobilisation charges

Oil firms learn to move an ancient product with new-age tech

The oil industry has long been of two minds when it comes to high technology