Oil & gas
EU to charge Russian gas giant Gazprom with market abuse
21 Apr 2015
If the allegations are proved right, the commissioner has the power to order changes in the companies’ business practices and levy fines of up to 10 per cent of Gazprom’s annual global revenue
Russia denies gas pipeline deal with Greece
20 Apr 2015
RIL net up 4.8% at Rs23,566 cr despite a 13% fall in revenue
17 Apr 2015
For the fourth quarter of the financial year ended 31 March 2015, RIL reported record profit of Rs6,381 crore (over $1 billion)
KG-D6 gas pricing cannot be arbitrated, govt tells SC
14 Apr 2015
With the hardening of the government's stance, RIL and its foreign partners may thus find it tough to proceed with the arbitration over non-revision of domestically produced natural gas prices from the KG-D6 block off the east coast
ONGC, OIL and BPCL to invest $6 bn to develop Mozambique offshore gas field
14 Apr 2015
State-run oil companies ONGC, OIL and BPCL will invest $6 billion over the next four years in developing a Mozambique offshore gas field
The global oil price drop may last for the next couple decades, says Stanford economist
08 Apr 2015
Stanford economist Frank Wolak says the drop in oil prices and demand reflects heightened energy production in North America, better technologies and the declining market power of the OPEC countries
Shell to buy Britain’s BG Group for $69.6 bn
08 Apr 2015
A deal between the two energy companies comes amid the recent collapse in global oil prices and BG’s record $5-billion loss in the fourth quarter
Woodside seals $2.8-bn Apache deal
04 Apr 2015
Israel, Jordan in historic gas deal
04 Apr 2015
Total completes $1-bn Nigerian divestment
30 Mar 2015
Chevron to exit Australian refining business for $3.6 bn
28 Mar 2015
Just hours after abbouncing tat it is quitting Caltex, Chevron made a second exit from Australia by abandoning its shale gas exploration joint venture with Beach Energy in Cooper Basin in Central Australia
India to make unusual 9% cut in gas prices from 1 April
27 Mar 2015
Meant to reflect falling global prices, the move to cut LNG prices would benefit power producers and domestic consumers, but may hurt upstream producers like ONGC
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
