Oil & gas

Ninth round of NELP gets under way

16 Oct 2010

India is offering no tax concessions under the new Direct Tax Code for the 11th round of auctioning under the NELP, offering 34 oil and gas blocks, including eight deep water ones

Bombay High Court approves merger of Reliance Power and Reliance Natural Resources Ltd

15 Oct 2010

Japan turns on the sanctions squeeze on Iran

15 Oct 2010

Japan’s biggest energy explorer, Inpex Corp, has announced its withdrawal from Iran's Azadegan oil field project, in a move aimed at pre-empting any US move to put it on a sanctions list.

Survival International warns US about oil pipeline in Peru

14 Oct 2010

US lifts ban on offshore drilling in Gulf of Mexico

13 Oct 2010

KKR, Korea pension fund to acquire Chevron’s stake in Colonial Pipeline

12 Oct 2010

Not right time to deregulate diesel prices: Finance secretary

11 Oct 2010

Vedanta refuses to raise offer for Cairn’s minority holders

11 Oct 2010

Centre may offer Rajasthan refinery stake to Vedanta

11 Oct 2010

RIL loses out to CNOOC's $2.16-bn for Chesapeake’s shale assets

11 Oct 2010

The deal comes just a few days after talks collapsed between the Mumbai-based $45-billion RIL and Chesapeake, which had been seeking a partner since June 2010 to invest and develop its Eagle Ford Shale liquid play.

Shell Canada withdraws plans for 400,000 bpd ugrader expansion

09 Oct 2010

India to offer 34 oil and gas blocks in ninth round of NELP auction

08 Oct 2010

Cairn Energy shareholders approve stake sale to Vedanta

07 Oct 2010

Wellstream rejects GE’s £755 million bid

07 Oct 2010

Seven Indian companies nominated for Platts Global Energy Awards

07 Oct 2010

RIL fails to expand acreage in Texas Eagle Ford Shale field

06 Oct 2010

RIL in hot oil over low output from KG field

05 Oct 2010

ONGC out, BP to transfer Vietnam oil stake to TNK-BP

05 Oct 2010

Although TNK-BP had been mulling since July to put in a bid for BP’s assets, its board had approved a bid for the assets in Vietnam and Venezuela only last week.

Crude production at RIL's eastern fields dropping: report

04 Oct 2010

Government to ask Vedanta to pick up tab for royalty and cess on Cairn's Barmer production

04 Oct 2010

BP’s Gulf of Mexico oil spill costs $11.2 billion; pledges assets as spill fund collateral

04 Oct 2010

The cost includes the spill response, containment, relief well drilling, static kill and cementing, grants to the Gulf states, claims paid and federal costs.

Murli Deora to pitch for selling BP’s Vietnam gas stake to ONGC

01 Oct 2010

Sinopec acquires 40-% in Repsol’s Brazilain assets for $7.1-bn

01 Oct 2010

Sinopec, Asia's largest oil refiner today acquired a 40-per cent stake in the Brazilian asses of Spanish oil company Repsol YPF SA for $7.1 billion, its second-largest overseas investment to date.

MIAL to develop integrated ATF facility at Mumbai airport in tie-up with PSU oil companies

01 Oct 2010

ONGC, Kuwaiti oil firms to expand cooperation

28 Sep 2010