Oil & gas
Isolated Qatar plans to boost gas output by 30%
04 Jul 2017
GE’s oil and gas business merges with Baker Huges Inc
04 Jul 2017
Baker Hughes, now a GE company, is the first and only company to bring together industry-leading equipment, services and digital solutions across the entire spectrum of oil and gas development, according to GE
BP, RIL to expand partnership, invest Rs40,000 cr in KG gas fields
16 Jun 2017
The two companies plan to expand collaboration beyond the conventional transportation and aviation fuels retailing to nonconventional mobility solutions, addressing electrification, digitisation and disruptive mobility trends
Oil PSUs sign pact for 60 million tonne west coast refinery
15 Jun 2017
The three OMCs - IOC, BPCL, HPCL- together have a refining capacity of 139 million tonnes, which will reach 200 million tonnes with the setting up of the $30 million West Coast refinery
OMCs to revise petrol, diesel prices daily from 16 June
08 Jun 2017
The move will allow oil companies to align their retail prices more closely with crude prices and will help taper their losses, as currently, it takes 14 days for oil companies to adjust retail prices
Iran snubs India, awards Farzad-B gas field to Gazprom
07 Jun 2017
Since the lifting of the sanctions last year, Iran has been reluctant to award of rights to develop Farzad-B gas field to OVL and as the row escalated, India asked state-owned oil companies to cut imports from Iran by nearly 25 per cent
Trump administration proposes use of seismic air guns to locate oil and gas reserves beneath ocean floor
06 Jun 2017
Opec extends output cut by nine months
25 May 2017
The markets now fluctuate between an Opec gain and the rise in shale oil production, with prices moving in a narrow range
UP police bust petrol pump scam with pan-India link
23 May 2017
The scamsters use a remote-controlled chip in petrol pumps to dispense only 940 ml for every 1 litre the customer pays for, and credit the remaining 60 ml to the pump owner’s account, thus generating around Rs800 crore for pump owners in UP alone
Oil prices dip on Trump move to sell strategic reserves
23 May 2017
The US strategic petroleum reserves stand at around 688 million barrels, a week's worth of global oil demand, and releasing half of these to already high and rising US production of 9.3 million bpd would worsen the glut
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
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