Oil & gas

Energy firm finds massive underground gas resources in Lancashire UK

22 Sep 2011

Apache Corp to buy ExxonMobil's North Sea assets for $1.75 bn

21 Sep 2011

Apache Corp, the second-largest independent oil and gas company in the US after Anadarko Petroleum, is buying oil giant ExxonMobil's assets to increase its North Sea production for about $1.75 billion in order.

CBI set to file FIRs against RIL, DGH in D6 cost inflation case

21 Sep 2011

RIL is charged with inflating its capital expenditure from $2.4 billion to $8.8 billion for the KG D6 field between September and December 2006.

Steep hike in ONGC’s subsidy burden likely

20 Sep 2011

BPCL to invest Rs1,900 cr in new LNG terminal in Mozambique

20 Sep 2011

BPCL, India’s third-largest refiner will invest Rs1,900 crore as part of its share for building a $4-billion liquefied natural gas (LNG) terminal in Mozambique

US warns Pakistan on Iran gas pipeline deal: report

17 Sep 2011

Chevron to supply LNG from Wheatstone project to Kyushu Electric

17 Sep 2011

UPA under fire from key allies for petrol price hike

17 Sep 2011

Meeting on dual pricing for LPG a non-starter

16 Sep 2011

Essar Energy in talks to buy oil, gas assets of global oil majors

16 Sep 2011

Government may cap supply of subsidised LPG at 4-6 a year

15 Sep 2011

Rockhopper upbeat about Falklands oil prospects

15 Sep 2011

Petrol prices up Rs3.14 a litre

15 Sep 2011

Oil companies in India, however, are unable to hike prices of diesel, which is more widely consumed, as the government has not yet freed it from price control.

India rejects Chinese bid to claim Vietnamese oil blocks

15 Sep 2011

In a rare display of toughness India's ministry of external affairs (MEA) said China's objections have ''no legal basis'' as the blocks belong to Vietnam

Fuel prices may rise as rupee weakens against dollar

15 Sep 2011

With the rupee touching a new low against the dollar, petrol prices are expected to rise furthr to cover the cost of crude oil imports

Cairn India shareholders' accept government terms for stake sale

14 Sep 2011

French oil services firm Technip to buy US rival Global for $937 mn

12 Sep 2011

RIL strongly rebuts CAG allegations on KG-D6 ‘fudging’

10 Sep 2011

Montek, Praful Patel differ on hiking diesel prices

08 Sep 2011

There seems to be a distinct difference between policy-makers on closing the artificial disparity between petrol and diesel prices in the country.

BG Group in talks for stake in ONGC’s east coast gas block

07 Sep 2011

Halliburton to acquire production chemicals company Multi-Chem Group

07 Sep 2011

Delhi clears outstanding oil payments to Iran

05 Sep 2011

OVL renegotiates contract with Iraqi government

02 Sep 2011

ExxonMobil, Rosneft sign $3.2 billion Russian Arctic exploration deal

31 Aug 2011

According to experts the Arctic is estimated too have 80-million barrels of crude oil

RIL, BP start strategic alliance in India

30 Aug 2011

This planned alliance will operate across the gas value chain in India, from exploration and production to distribution and marketing