Oil & gas
ONGC stake sale in New Year to fetch govt over Rs14,900 cr
22 Dec 2014
Based on the latest closing price of Rs349.30, the sale of nearly 428 million shares of ONGC could fetch the government about Rs14,940 crore
New York governor Cuomo moves to ban fracking on health concerns
18 Dec 2014
New York state yesterday moved to ban fracking across the state, over environmental and health concerns
Repsol to buy Canada’s Talisman Energy in $13-bn deal
16 Dec 2014
Spanish oil & gas giant Repsol today struck a deal to buy Talisman Energy, Canada's fifth-largest independent oil producer, for $13 billion including $4.7 billion debt
Apache to sell stakes in two international LNG projects to Woodside for $2.75 bn
16 Dec 2014
Continuing with the divestment of its overseas assets, Apache Corp, the second-largest US independent oil and gas producer, yesterday struck a deal to to sell its stakes in two international liquefied-natural-gas projects to Woodside Petroleum
Petrol, diesel prices reduced by Rs2 per litre
16 Dec 2014
This is the eighth straight reduction in petrol prices since August, and the fourth in diesel after its prices were deregulated in October
IEA cuts global oil demand forecast for 2015
13 Dec 2014
Anticipating weaker than expected exports from Russia and other oil exporters, International Energy Agency has trimmed global oil demand growth projections for the fourth time in five months
Putin visit results in $10-bn oil deal between Essar, Rosneft
12 Dec 2014
The agreement will ensure a secure market for the sanctions-hit Russian oil giant while Essar will have reliable and stable supplies of oil and oil products to its refining facilities
Chemicals released during natural gas extraction may harm human reproduction, development
12 Dec 2014
Airlines to post 26% surge in 2015 profits on falling oil prices: IATA
11 Dec 2014
The cumulative net profit estimate of airlines in 2014 has been raised to $19.9 billion from $18 billion in June, and is forecast to rise another 26 per cent to $25 billion in 2015
BP Plc pegs restructuring charges at $1 bn
11 Dec 2014
BG Group sells Australian LNG pipeline to APA Group for $5 bn
10 Dec 2014
BG expects to make a profit of $2.7 billion through the sale, although it will be partly offset by impairment charges on its Australian subsidiary Queensland Curtis Liquefied Natural Gas Pipeline projet
BP to let go middle management as oil price fall bites
09 Dec 2014
BP, which suffered a major setback in the Gulf of Mexico oil spill and subsequent compensation claims and is now struggling with low oil prices, plans to reduce the number of managers across all “layers above operations”
Oil near 5-year low of $68 a barrel as Saudi Arabia cuts prices
05 Dec 2014
Saudi Arabia’s Aramco cut the January price for its Arab Light grade for Asian customers by $1.90 a barrel and for US buyers by 70 cents a barrel, from December
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
.jpg "Adani-Sirus joint venture to acquire 77.5% stake in Coredge.io parent Parserlabs")
.jpg "RBI issues new directions to banks for recovering money lost in frauds,")
