Oil & gas
Government approves IOC’s 24% stake sale in Lubrizol India to Lubrizol Corp
16 Mar 2017
The equal joint venture between IOC and Lubrizol Corp was formed in 2000 to make chemical additives for engine oils and other lubricants
ITAT upholds Rs10,247-cr capital gains tax demand on Cairn
11 Mar 2017
Cairn floated several layers of companies and transactions with the specific intent of evading tax in the sale transaction, alleges the I-T department
India to replace Russia as 3rd largest oil refiner: IEA official
07 Mar 2017
India, according to the report, is gradually becoming the focus of attention as Chinese demand growth slows
ExxonMobil plans to invest $20 bn to expand manufacturing
07 Mar 2017
ExxonMobil is expanding its refining and chemical capacity along the US Gulf Coast through planned investments of $20 billion, that would create 45,000 new jobs
Saudi Aramco's $100-bn IPO to be world's biggest ever
04 Mar 2017
Saudi Arabia is aiming to sell 5 per cent of state-run oil firm Saudi Aramco, valuing the company at $2 trillion and making it far bigger than the biggest listed companies such as Apple, Berkshire Hathaway, or Facebook
ONGC to merge HPCL to create an integrated oil giant: report
27 Feb 2017
The merger is aimed at creating a company with operations in the entire spectrum of energy from exploration to refining and retail
ONGC to invest Rs7,327 cr to develop 5 fields
24 Feb 2017
The investment in the new fields is likely to yield 14.969 million tonnes of oil and 2.972 billion cubic metres of gas, ONGC says
Oil prices to nosedive as US fills Opec gap: report
22 Feb 2017
Crude prices could plunge toward $30 a barrel — a rout of about 40 per cent from current levels — unless OPEC extends production cuts that are propping up the market
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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