Oil & gas
Spain’s Gas Natural divests Mexican assets worth $1.2 billion
26 Dec 2009
The deal enables Gas Natural to reorganise its generation business and rebalance its international exposure
Oil companies to get cash instead of oil bonds
23 Dec 2009
Nigeria opposes Shell's plans to divest holdings
22 Dec 2009
Reliance announces third gas discovery in KG block
22 Dec 2009
The three deepwater blocks have thicknesses of 4, 23 and 16 metres, respectively, and RIL is assessing the potential of these through a wire-line based technology
Deora moves PMO for Rs20,870-crore oil bonds
21 Dec 2009
Shell to divest Nigerian assets worth $5-billion
21 Dec 2009
Hit by militant strikes, Shell plans to sell off its Nigerian onshore operations with proven oil reserves of about 100 million barrels
OPEC raises 2010 world oil demand forecast
16 Dec 2009
The OPEC outlook for 2010 is positive following one of the worst years of global oil demand, as the global economy is poised for 2.9 per cent expansion in the year following the 1.1-per cent contraction in 2009
Chevron once again strikes gas in Australia
15 Dec 2009
ExxonMobil to acquire XTO Energy for $41 billion
15 Dec 2009
ExxonMobil is acquiring XTO Energy Inc, the largest independent gas producer from shale fields in the US, in an all-stock transaction valued at $41 billion.
ONGC, OIL decry ‘ad hoc, opaque’ subsidy regime
14 Dec 2009
Dragon Oil shareholders reject ENOC’s $1.9 billion buy-out bid
14 Dec 2009
Some analysts believe that Dubai authorities may be under pressure to sell assets including ENOC’s stake in Dragon Oil, to overcome the debt crisis
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
