Oil & gas
ONGC to drill 9 development wells in K-G Basin
15 Mar 2016
Oil prices may have finally bottomed out: IEA
14 Mar 2016
The uptick in oil prices from a January low of $28.5 a barrel to around $40 now does not necessarily mean the worst is over, but supply and demand will probably find a balance in 2017, says the International Energy Agency
Govt unveils uniform licensing policy for hydrocarbon sector
11 Mar 2016
Among its other decisions, the union cabinet also decided to cancel the award of Ratna offshore field to Essar Oil Limited and assign it to the original licensee, ONGC
Shell plans to sell assets worth $30 bn
09 Mar 2016
Shell Plc is planning to sell assets worth $30 billion in a bid to bolster its balance sheet, which ratings agency Fitch downgraded after the Anglo-Dutch oil giant completed its $49-billion acquisition of BG Group last month
Exxon Mobil’s Canadian unit Imperial Oil to sell remaining Esso fuel stations for $2.1 bn
09 Mar 2016
Oil nears $40-a-barrel on demand hopes, tighter supplies
07 Mar 2016
Crude prices gained from a combination of factors, including brightening of global demand outlook, tightening supplies and covering of short positions by traders amidst bets on rising prices
Union Budget 2016-17: Rs2,000 crore for LPG connection for BPL households to help 1.5 crore families
29 Feb 2016
Halliburton to cut another 5,000 jobs to tide over
26 Feb 2016
When the lay-offs are effected, Halliburton would have cut its workforce by between 26,000 and 27,000 employees since the peak in 2014
Oil prices fall as producers waver on output cuts
24 Feb 2016
With oil producers more keen to cheat on agreements than implement them, Saudi Arabia has ruled out chances of production cuts by Opec or others to lift prices of oil
India to push 69 small oil, gas fields at US meet
20 Feb 2016
At the IHS CERAWeek, India will seek developers for its small and marginal gas discoveries under a new revenue sharing mechanism, abandoning the discredited production-sharing contract model
Oil rallies towards $35 as Iran welcomes output freeze
18 Feb 2016
While Iranian oil minister Bijan Zanganeh met counterparts from Venezuela, Iraq and Qatar on Wednesday and welcomed the move for output cuts, he did not commit to any capping of output
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
