Oil & gas

ONGC, GAIL, GSPC JV OPaL to go on stream in 2012

15 Mar 2010

Cnooc to form $3.1 billion oil production JV with Argentina’s Bridas Energy

15 Mar 2010

Armed with more than $2 trillion in foreign exchange reserves, China has supported its oil companies to make landmark overseas acquisitions

Exxon’s $15-billion Papua LNG project clears final snags

15 Mar 2010

The project is one of the frontrunners of the several LNG projects coming up in the Australasian region, along with rival Chevron's -led Gorgon LNG project in Western Australia.

Mukherjee declines opposition plea for roll back of fuel price hikes

13 Mar 2010

Punj Lloyd acquires India’s first pipelay barge for offshore construction

12 Mar 2010

BP to buy Devon Energy’s LatAm, Azerbaijan oil and gas assets for $ 7 billion

11 Mar 2010

Translucent cylinders may take away LPG subsidy

11 Mar 2010

FPO offerings in PSU oil companies not under consideration now: petroleum secretary

10 Mar 2010

K-G fight between power, oil ministries again to the fore

10 Mar 2010

Chevron to sell downstream assets, cut 2,000 jobs

09 Mar 2010

ONGC's crude production to marginally rise in 2011-12

09 Mar 2010

ONGC to fund acquisitions with borrowings of $10 billion

08 Mar 2010

In a bid to compensate for declining output in domestic fields, state-owned ONGC may borrow up to $10 billion over the next decade to purchase overseas assets.

PetroChina, Royal Dutch Shell bid $3 billion for Australia's Arrow Energy

08 Mar 2010

OVL, IPR Mediterranean strike oil in Syrian block

06 Mar 2010

OGX makes another off-shore oil discovery in Brazil

06 Mar 2010

Reliance boosts supplies to US; leases 1.2 million barrels storage capacity in Bahamas

06 Mar 2010

Nigerian state-owned oil giant in the red

06 Mar 2010

Opposition forces adjournment over fuel price hike

03 Mar 2010

Although the price hikes cannot be considered steep at Re1 for petrol and a little less for diesel, it was enough to get the opposition going

Demand for OPEC oil may drop in 2010

02 Mar 2010

Ahead of an important meet in Vienna OPEC members say that oil demand will remain weak in 2010 in the face of a weak global economy and a well supplied market.

Opposition to raise storm over fuel price hike

02 Mar 2010

Shell to offload LPG, North Sea assets to fund capex

02 Mar 2010

Korea Gas to invest $1.1 billion in Canadian gas fields

02 Mar 2010

Bangladesh nod for India-Myanmar gas pipeline

02 Mar 2010

Bangladesh’s Sheikh Hasina government has given its approval for the construction of the 900km gas pipeline linking India and Myanmar, running through its territory

Saudi to hike crude oil supplies to India by 15 mmt

02 Mar 2010

Saudi Arabia has assured more supplies to meet the needs of Indian companies, including public and private refiners

IBM, Shell to jointly research on extending life of oil fields

27 Feb 2010