Oil & gas

Modi begs India’s non-poor to shun subsidised LPG

27 Mar 2015

Govt to provide imported gas at concessional rates to revive stranded power projects

26 Mar 2015

Power firms’ shares surge as govt vows more LNG imports

26 Mar 2015

Brent crude rebounds to $57 a barrel on weak dollar

24 Mar 2015

Energy majors BG Group and Woodside to invest $1.1 bn in Myanmar

23 Mar 2015

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

Domestic natural gas to cost 10% less at $5.02/unit from 1 April

18 Mar 2015

Swapping of KG-D6 gas for RCF units in Maharashtra to boost power generation in AP

13 Mar 2015

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

Oil prices drop again amid increasing US stockpile

09 Mar 2015

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

Kejriwal compliments Delhi cops for uncovering oil leaks

21 Feb 2015

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

Petro leaks: 2 ‘consultants’ held, more arrests likely today

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

Producers told to pay Rs10,896 cr towards oil subsidies

14 Feb 2015

IOC says Paradip plant to achieve full capacity by year-end

14 Feb 2015

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