Oil & gas

Baker Hughes, GE in oil-field services partnership talks

28 Oct 2016

Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry

India, Iran set February deadline for Farzad-B gas field deal

26 Oct 2016

The Farzad-B gas field, which will be developed by a consortium led by ONGC Videsh, is estimated to have in-place reserves of 18.75 trillion cubic feet of gas

Total, Glencore, Gunvor in race to buy Chevron's 75% stake in South African assets

25 Oct 2016

HollyFrontier in advanced talks to buy Suncor Energy’s Petro-Canada lubricants unit for $1 bn

24 Oct 2016

ICICI, Axis, StanChart get back $2.5 bn of Essar loans

22 Oct 2016

ICICI Bank and Axis Bank, which together have an exposure of $1.5 billion in the Ruias-led group, got back $450 million while StanChart with a higher exposure of $3.3 billion received $2.1 billion in cash

Reliance Industries reports Rs7,206-cr net profit for Q2

20 Oct 2016

The refiner said gross refining margin contracted to $10.1 a barrel in the September 2016-17 quarter from $10.6 a barrel in the year-ago quarter

Exxon, Saudi minister differ on need for more oil investments

20 Oct 2016

Oil rises above $50 a barrel on hopes of Opec curbs, inventory draw-downs

19 Oct 2016

SM Energy to buy assets in Texas for $1.6 bn and sell North Dakota assets for $785 mn

18 Oct 2016

SSE to sell 16.7% in Scotia Gas Networks to Abu Dhabi's sovereign wealth fund for £621 mn

18 Oct 2016

Caltex Australia offers to buy Woolworths petrol station chain

18 Oct 2016

Oil drops 1.5% as US, Libya hike output, Iran plans output hike

17 Oct 2016

BP granted licence to operate petrol pumps in India

17 Oct 2016

Engineers India, Gazprom to jointly prepare blueprint for Russia-India gas pipeline

17 Oct 2016

Petrol price hiked by Rs1.34 per litre, diesel to cost Rs2.37 more

17 Oct 2016

Rosneft-led group buys Essar Oil and related operations for $12.9 bn

15 Oct 2016

The all-cash deal encompasses EOL’s 20 million tonne refinery in Gujarat, India, and its pan-India retail outlets

Govt revises ethanol price for supply to public sector oil marketing companies

14 Oct 2016

China crude imports at record high as storage capacity expands

14 Oct 2016

Rosneft-led consortium to buy Essar Oil in $12-13 bn deal

14 Oct 2016

The deal, which includes Essar’s Vadinar refinery, power plant serving the refinery, the Vadinar port and more than 2,500 fuel pumps, is expected to be funded by Russia’s VTB Capital, part of state-controlled bank VTB

Indian consortium eyes 49% stake in Russia’s Vankor oilfield

13 Oct 2016

Chevron seeks $2 bn from sale of Bangladesh assets

13 Oct 2016

Indian Oil plans india's longest LPG pipeline from Gujarat to UP

13 Oct 2016

IOC plans to import LPG and transport the fuel from the Kandla port in Gujarat to Gorakhpur through a 1,987-km long pipeline passing through three states

Spain’s Repsol offers credit line to PDVSA for Petroquiriquire joint venture

10 Oct 2016

Oil services firm Frank's International to buy Blackhawk Specialty Tools for $321 mn

08 Oct 2016

BP gets licence to sell jet fuel in India

06 Oct 2016