Oil & gas
Govt further hikes duty on petrol, diesel as OMCs cut prices
16 Jan 2015
But for the excise duty hike, the retail prices of petrol and diesel would have come down by Rs2 per litre
Schlumberger cuts 9,000 jobs to tackle industry downturn
16 Jan 2015
The world’s biggest oilfield-services company, Schlumberger, has cut 9,000 jobs after crude prices plummet
Obama to announce new plans to regulate methane emissions: Reports
15 Jan 2015
President Obama hopes to cut methane emissions from oil and gas production by up to 45 per cent by 2025 from the levels recorded in 2012
Oil price slump could make Keystone XL pipeline redundant
14 Jan 2015
With oil prices plunging to around $46 a barrel on Tuesday, TransCanada Corp's controversial $8-billion Keystone XL pipeline across the US could turn into a white elephant
Leave fossil fuels unused to limit global warming: study
08 Jan 2015
A third of oil reserves, half of gas reserves and over 80 per cent of current coal reserves globally should be left in the ground and not used before 2050 if global warming targets are to be achieved, says a new study
US oil futures drop to new lows amid fears of supply glut
05 Jan 2015
In what could be further good news for India's economy, US crude and Brent futures dropped to five-and-a-half-year lows today amidst worries about excess global supply and weak demand
Jet fuel prices cut 12.5%, but airfares to stay unchanged
02 Jan 2015
Despite the steepest reduction in ATF prices India’s cash-strapped airlines do not see any chance of a fare cut, at least in the near future
Venezuela in recession as oil prices plunge
01 Jan 2015
Oil revenues account for more than 50 per cent of GDP and over 90 per cent of total exports of Venezuela, which is the fifth largest member of oil the Organisation of Petroleum Exporting Countries
India hikes import duty on edible oils by 5%
26 Dec 2014
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
