Oil & gas
IOC - OIL may not hike bid for Gulfsands
24 Mar 2010
Shell, Petro China seal Arrow Energy acquisition with $3.2 billion revised offer
22 Mar 2010
Australia’s coal seam gas producer Arrow Energy yesterday agreed to the joint takeover bid after both the acquiring companies revised and hiked the acquisition offer
South India to get KG gas by 2012: oil ministry
22 Mar 2010
Indian Oil may hike its £400 million unsolicited bid for Gulfsands Petroleum
20 Mar 2010
Gulfsands on Saturday rejected the bid saying that the offer is wholly inadequate and materially undervalues it
ONGC investment in Venezuela approved
20 Mar 2010
The Cabinet Committee on Economic Affairs yesterday cleared ONGC's $2.2-billion investment in an oil block in Venezuela.
India to award 33 oil and gas blocks under NELP-VIII
19 Mar 2010
The new contracts will accelerate oil exploration and production in the country thereby increasing the energy security of the country, the government says
India mulls setting up sovereign wealth fund
18 Mar 2010
India plans a sovereign wealth fund to back its oil companies match their rivals when they bid for foreign energy assets
Iran, Pakistan secure $7.5 billion gas pipeline deal
17 Mar 2010
Pakistan and Iran have signed agreements for the much-delayed Iran-Pakistan-India gas natural gas pipeline, effectively converting the project into a bilateral affair between these two nations.
L&T wins ONGC order worth over Rs1,000 crore
17 Mar 2010
Canada’s Encana to spend $4.5 billion in 2010; plans to double gas output by 2015
17 Mar 2010
North America’s largest natural gas producer, Encana Corporation is targeting a daily gas production of 3.4-3.5 billion cubic feet equivalent asd its inventory of natural gas resources can double production in five years
Shell to exit 35 per cent petrol stations worldwide, cut 2,000 jobs
17 Mar 2010
The company fels feels that the company's petrol retailing and marketing operation, which has a presence in more than 100 countries, are too scattered and not focused enough on profitability and growth
RIL in talks with Atlas Energy to develop Marcellus Shale gas project
17 Mar 2010
Some geologists estimate that the volume of natural gas that can be extracted from Marcellus Shale could be sufficient to meet the needs of the US for a decade
ONGC may invest up to $20bn for overseas assets
15 Mar 2010
Domestic O&G major, ONGC, is likely to make huge investments in exploration and drilling businesses, indicating it was prepared to invest up to $20 billion in acquisition of O&G assets abroad.
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
