Oil & gas

BHP Billiton to acquire Chesapeake Energy’s shale gas assets for $4.75 billion

22 Feb 2011

The world's biggest diversified miner plans an entry into the shale gas business through the acquisition

Oil on the boil again as unrest spreads to Libya

22 Feb 2011

Oil is at a two-year peak as violence intensified in Libya, stoking concerns over disruption of crude supplies with the unrest escalating around the Middle East and North Africa

Independent audits put ONGC oil & gas reserves at 1.06 billion tonnes

21 Feb 2011

BP picks up 30 per cent stake in Reliance's oil and gas blocks for $7.2 bn

21 Feb 2011

The two companies will also form a 50:50 joint venture for sourcing and marketing of gas in India

Shell to sell most African downstream business for $1 billion

21 Feb 2011

ONGC puts new spin on Cairn-Vedanta deal

21 Feb 2011

First LNG cargo from Qatargas 4 bound for India

21 Feb 2011

TNK-BP mulls tie-up with Rosneft-BP alliance

19 Feb 2011

Essar Energy on verge of buying Shell’s UK refinery

19 Feb 2011

If Essar’s purchase matrialises, it will mark Shell’s final departure from the UK’s refining market.

Cairn can’t set deadlines for government: Reddy

18 Feb 2011

Royalty dispute jeopardises Cairn-Vedanta deal

17 Feb 2011

Reddy rules out hike in oil prices

17 Feb 2011

Reddy rules out diesel price hike as oil firms' retail losses mount to Rs10.74 per litre

16 Feb 2011

Abu Dhabi’s IPIC to buy Spain’s Cepsa from Total for €3.97 billion

16 Feb 2011

Total wants to reduce its exposure to European refining operations and use the liquidity to invest in upstream projects

Oil companies hike jet fuel prices by over 4 per cent

15 Feb 2011

ONGC says Cairn obliged to share royalty

14 Feb 2011

General Electric to buy well-support unit of UK’s John Wood for $2.8 billion

14 Feb 2011

PetroChina to acquire 50-% stake in gas assets of Canada's Encana for $5.46 billion

11 Feb 2011

The world's second-most valuable oil and gas company, yesterday said that it would acquire a 50-per cent stake in Canada’s biggest natural gas producer Encana

IndianOil Q3 net more than doubles to Rs1,635 crore

10 Feb 2011

Cairn India Q3 net profit rises 7-fold to Rs2.010 crore

10 Feb 2011

Cairn-Vedanta deal may collapse over ONGC concerns

09 Feb 2011

Petroleum minister Jaipal Reddy has ramped up the pressure on Cairn Energy, saying he would not approve the sale of a controlling stake in its Indian unit to Vedanta Resources unless the concerns of its local partner ONGC were addressed

M&A deal value in oil and gas sector rebounds in 2010: E&Y

07 Feb 2011

Talks on Cairn-Vedanta deal make little headway

07 Feb 2011

The petroleum and natural gas ministry's first meeting with a joint team of top executives from UK-based Cairn Energy Plc and Vedanta Resources on Sunday failed to break the deadlock over conditions for clearing Vedanta’s proposed $9.6 billion deal for acquiring Cairn India

IOC may build $5 billion refinery in Turkey: Scindia

05 Feb 2011

Chevron to sell Spanish fuel business to Cepsa

05 Feb 2011