Oil & gas
Oil continues to tumble as Opec talks collapse
18 Apr 2016
With post-sanctions Iran looking to boost oil sales, its tensions with Saudi Arabia has left Opec in tatters, with a crucial meeting in Doha failing to reach an agreement on curtailing production
Oil prices to stay low, India to fuel demand: IAE
15 Apr 2016
Oil has collapsed since mid-2014 to as low as $27 per barrel, from as high as $115, due to booming Opec and US supplies
Reliance, BG to transfer some assets of PMT JV to ONGC
13 Apr 2016
The development could help speed up development of ONGC’s Daman and C-26 cluster projects by three years
India eyes $20-bn investment in Iran’s Chabahar port, SEZ
11 Apr 2016
Indian oil companies are looking to invest up to $20 billion in the development of Iran's Chabahar port as they seek overseas expansion
Govt lets oil PSUs evolve crude import policy
06 Apr 2016
The union cabinet chaired by Prime Minister Narendra Modi today gave its approval to replace the existing policy on crude oil import by oil PSUs and vest the oil PSUs with the power to evolve their own policies
US judge approves BP's $20-bn Gulf spill settlement
05 Apr 2016
A US federal judge granted final approval to the settlement over the 2010 Gulf of Mexico oil spill, which will cost BP an estimated $20.8 billion, making it the biggest environmental settlement in US history
Saudi to cut oil dependence, focus on investments
02 Apr 2016
Saudi Arabia plans to create a $2-trillion sovereign wealth fund for making investments in strategic financial and industrial assets across the world in a bid to shed its dependence on oil revenue
Oil slips again as US stockpiles hit 8-year high
31 Mar 2016
ONGC to invest around $5 billion in east coast oil and gas fields
28 Mar 2016
ONGC will invest about $5 billion over the next few years in its east coast oil and gas asset
Shell in move to offload North Sea oil assets
28 Mar 2016
ONGC’s $1.3-bn deal for stake in Rosneft’s subsidiary gets Russian govt nod
26 Mar 2016
While ONGC Videsh will raise its stake in the Vankor cluster in Siberia from 15 per cent to 26 per cent, Indian Oil Corp, Oil India and Bharat PetroResources will together pick up 23.9-per cent stake in Vankor field, taking the overall stake of Indian companies in the oil field to 49.9 per cent
Govt’s e-auction of gas supply helps revive 9 stranded power plants of 5.942 MW capacity
21 Mar 2016
TransCanada to buy Columbia Pipeline Group for $10.2 bn
18 Mar 2016
The deal comes months after the US President Barack Obama blocked TransCanada’s cross-border Keystone XL crude pipeline due to environment issues
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
