Oil & gas
Oil price dip to save govt Rs50,000 cr in subsidies: Crisil
17 Apr 2013
The recent decline in crude oil prices would help the government to cut fiscal deficit by Rs40,000-50,000 crore, according to estimates by ratings agency Crisil.
Kazakhstan may edge out ONGC to hand over Kashagan oilfield to China
By By Ravi Kunder | 16 Apr 2013
Kazakhstan could edge out ONGC from its largest foreign acquisition — ConocoPhillips 8.4-per cent stake in the giant Kashagan oilfield — only to sell it to a Chinese state-owned giant, reports Ravi Kunder
Biofuels to cost UK motorists £460 mn: study
16 Apr 2013
BP’s Dudley, RIL’s Ambani meet PM, seek market-driven gas price
16 Apr 2013
BP and RIL have been lobbying against the C Rangarajan Committee recommendation of doubling domestic natural gas price, saying it will be inadequate to bring high-risk deep sea discoveries to production