Oil & gas
Reliance in $2 billion bid to acquire Canadian oil sands firm VCI
05 Feb 2010
RIL has submitted a $2-billion expression of interest for private Canadian oil sands firm Value Creation Inc, which owns one of the largest holdings of oil sands properties
Shell to cut refining capacity by 15 per cent, axe another 1,000 jobs
04 Feb 2010
After announcing a 75-per cent drop in profts, Shell is reducing its refining capacity and raise its focus on explorations
Panel suggests freeing petrol, diesel prices; hike in kerosene, LPG prices
03 Feb 2010
The committee has recommended a Rs100 increase in the price of LPG per cylinder and Rs6 per litre of kerosene
ONGC to partner Hungary's MOL in oil exploration
03 Feb 2010
GSPC to raise Rs2,992 crore through IPO
02 Feb 2010
Shell and Brazil’s Cosan to form $12 billion biofuels JV
02 Feb 2010
This will be Shell’s first serious step into the biofuels sector and the biggest investment by a Western oil major in the production and sale of ethanol
Indian Oil Q3 net profit falls 76 per cent
30 Jan 2010
Indian Oil's net profit for the December quarter declined 76 per cent from Rs2,958 crore in the December quarter in 2008 to Rs695 crore in the same period in 2009
Sundaresan is new petroleum secretary
29 Jan 2010
Iraq seals $3.5-billion oil deal with Gazprom group
29 Jan 2010
The targeted production of 170,000 barrels per day (bpd) of oil will be achieved in six to seven years
Murli Deora goes on African oil hunt with small change
28 Jan 2010
Petroleum minister Murli Deora, currently on an African oil safari, is hunting for oil and energy assets for the country armed with a budget that seems a mere pittance while competing with multi-billion dollar budgets from Chinese and Western rivals.Ravi Kunder reports
Featured articles
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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!
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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.
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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.
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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
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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
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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