Oil & gas
India may import 8 mn barrels of Iraq oil to build stockpile
20 Mar 2015
The government is preparing to import eight million barrels of Iraq oil to fill its new concept of a strategic petroleum reserve (SPR), taking advantage of cheap oil prices
India set to build first strategic oil reserve: report
18 Mar 2015
India, which had approved a $330 million (£228million) budget to cover the filling of its first emergency tanks this year, is now reported to be buying up to 8 million barrels of crude
Cairn files dispute notice over India’s Rs10,000-cr tax demand
11 Mar 2015
The tax demand relates to transactions carried out to reorganise Cairn's structure to prepare for Cairn India Ltd's stock market flotation in 2007
Sun Pharma’s Dilip Shanghvi pips Mukesh Ambani to become richest Indian
05 Mar 2015
Dilip Shanghvi, who is also the world’s richest pharmaceutical billionaire, added $4.5 billion to his fortune this year, making him fourth-wealthiest in Asia and 37th in the world
Blaze in KG-D6 Telangana gas pipeline, none hurt
02 Mar 2015
US refinery strike covers a fifth of national capacity
24 Feb 2015
The largest US refinery strike in 35 years has hit 15 plants, including 12 refineries that account for a fifth of the US production capacity
Cairn India to cut 40% jobs amidst tax dispute, oil price fall
23 Feb 2015
Cairn said it has been hit by financial constraints of a bar on transfer of assets in India worth $1 billion and the impact of a sharp fall in global oil prices
Oil leaks: Rajnath seeks to credit centre for exposure
21 Feb 2015
While producing seven of the accused in a Delhi court, police said recoveries suggested that papers related to the coal and power ministries too had been leaked
US judge rejects BP’s bid to cut maximum civil fine in Deepwater Horizon explosion and oil spill
20 Feb 2015
Berkshire Hathaway exits Exxon Mobil
19 Feb 2015
Swaraj pushes Muscat for undersea gas pipeline
18 Feb 2015
Bribery allegations in Brazil further taint Rolls-Royce’s reputation
17 Feb 2015
Rolls Royce, which supplies turbines for Petrobras, is reported to have been named in court documents by former Petrobras director Pedro Barusco, who claims to have personally received $20,000 from Rolls-Royce
US oil producers: early responder to drop in global oil prices, says report
12 Feb 2015
US oil production and in particular that of shale oil has proven to be an early and nimble responder to the large drop in oil prices that occurred in late 2014
Featured articles
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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!
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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.
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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.
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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
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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
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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