Oil & gas
Cairn bows to govt conditions on stake sale to Vedanta
23 Aug 2011
UK's Cairn Energy Plc today said it wants Cairn India to accept all the government's conditions and agree to pay royalty and cess on the Rajasthan oilfields so as to facilitate its proposed stake sale to Vedanta Resources
India to clear oil debt to Iran by end-August
22 Aug 2011
Noble Energy to buy part of Consol's stake in Marcellus for $3.4 billion
18 Aug 2011
The acreage is estimated to contain 7.4 trillion cubic feet equivalent resources, including 400 billion cubic feet equivalent of proven reserves.
Coal India beats RIL in market capitalisation
17 Aug 2011
CIC in talks to invest €2.3-bn in GDF Suez’s E&P business
10 Aug 2011
GDF Suez SA, the world's biggest power utility by revenue, is in advanced talks to sell a 30-per cent stake in its production and exploration business to Chinese sovereign wealth fund China Investment Corporation
Iran despatches crude to India after $1.4 billion payment
09 Aug 2011
India’s oil trade with Iran has resumed with two Indian oil tankers sailing to an Indian port from Iran soon after the embattled Gulf nation received $1.4 billion from refiners in India.
RIL – BP deal gets government approval
09 Aug 2011
Reliance Industries today said it had received government approval for selling a 30-per cent stake in 21 oil and gas blocks including the in-production KG D6 block to British oil explorer BP Plc for $7.2 billion.
ONGC mining for uranium, mulls partnership with NPCIL
05 Aug 2011
ONGC has started mining for uranium and is looking forward to invest in nuclear plants in partnership with state-owned nuclear utility the Nuclear Power Corporation of India Ltd.
SIAM supports move to cut diesel subsidy for cars
05 Aug 2011
SIAM says it has always supported market-linked pricing of automotive fuels.
Government may end diesel subsidy for cars
04 Aug 2011
The government may end diesel subsidy for passenger cars, accounting for over 15 per cent of the diesel consumed in the country.
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