Oil Firm
Oil firms on OPEC+ output cut bets to stem sinking prices amid weak growth
Oil prices climbed on Friday on bets that OPEC+ will discuss output cuts at a meeting on Sept. 5, but the benchmarks were still on track to post their worst weekly drop
 "Oil firms on OPEC+ output cut bets to stem sinking prices amid weak growth")
IOC raises Rs 1,500 cr via bonds at interest rate lower than sovereign
IOC priced its five-year rupee bonds at a coupon rate of 6.14 per cent tighter than a similar maturing government bond that is trading at an annualised yield of 6.29 per cent
 "IOC raises Rs 1,500 cr via bonds at interest rate lower than sovereign")
IOC to invest Rs 7,000 cr in city gas after it secures 33% market areas
Indian Oil Corporation on Sunday said it will invest over Rs 7,000 crore in setting up city gas distribution networks in the cities for which it has secured a licence in the latest bidding round.
 "IOC to invest Rs 7,000 cr in city gas after it secures 33% market areas")
Crude oil prices extend gains to multi-year highs on tight supply
Brent crude futures rose by 64 cents, or 0.8%, to $86.17 a barrel by 1105 GMT, following on from last Friday's 1.1% gain.
 "Crude oil prices extend gains to multi-year highs on tight supply")
IOC to build India's first green hydrogen plant at Mathura refinery
IOC will build the nation's first 'green hydrogen' plant at its Mathura refinery, as it aims to prepare for a future catering to the growing demand for both oil and cleaner forms of energy.
Discovered small fields: Govt may extend bank guarantee relaxation
Officials in the know say this relaxation was given during the first wave of the Covid-19 pandemic
 "Discovered small fields: Govt may extend bank guarantee relaxation")
Oil firm responsible for defective cylinder
A company needs to conclusively show that the consumer was negligent to refute any claim
 "Oil firm responsible for defective cylinder")
