Oil & gas
ONGC to acquire 80% in GSPC’s KG basin gas block for $995 mn
24 Dec 2016
ONGC will pay part consideration of $200 million to GSPC towards future consideration for six discoveries other than Deen Dayal West Field in the KG basin
Obama bans new oil, gas drilling off Alaska
21 Dec 2016
The ban is seen as President Obama’s last push to save environment as incoming President Donald Trump has said he would expand offshore oil and gas drilling
The deepwater horizon aftermath
21 Dec 2016
BP to buy stakes in offshore gas projects in West Africa from Kosmos for $3.4 bn
20 Dec 2016
The proposed acquisition comes days after BP agreed to buy 10-per cent stake in French energy giant Eni's giant Zohr offshore gas field field in Egypt
BP awarded 10% stake in Abu Dhabi’s ADCO onshore fields
19 Dec 2016
BP's stake acquisition, valued at nearly $100 million, provides the oil giant with material long-term onshore oil reserves, production and cash flows for 40 years
India looks to swap Russian gas for Myanmar's with China
08 Dec 2016
The cost of transporting gas over the proposed Russia-India pipeline would be around $4 per mmBtu, against $2 on the Turkmenistan-Afghanistan-Pakistan-India pipeline and $1 on the Iran-Pakistan-India (IPI) pipeline
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
