Oil & gas

Falling oil prices help govt trim borrowing target by Rs8,000 crore

27 Sep 2014

A fall in the international prices of crude oil has helped India reduce its subsidy outgo on fuels and thereby trim its borrowing target

ADB selling Petronet stake to raise around $120 million

25 Sep 2014

Rockefeller family to divest charity from fossil fuels

22 Sep 2014

Siemens acquires US oilfield equipment maker Dresser-Rand for $7.6bn

22 Sep 2014

The acquisition of Dresser-Rand gives Siemens access to the US oil industry at a time when a drilling boom for oil in North America has led to higher demand for energy services and equipment

Cairn India reports three new oil finds in Rajasthan block

17 Sep 2014

Secretaries panel recommends 50% hike in gas price: report

17 Sep 2014

Diesel price cut, change in subsidy policy not before state polls

17 Sep 2014

Oil ministry extends deadline for comments on draft revenue sharing model till 20 September

15 Sep 2014

GAIL to make good APM gas diverted from industrial consumers in Gujarat to city gas distributors

15 Sep 2014

China’s Sinopec to sell $17.5-bn stake in retail business

15 Sep 2014

Free diesel prices, reform bank appointment system: RBI chief Rajan

15 Sep 2014

The governor of the Reserve Bank of India, Raghuram Rajan, today urged the government to speed up the deregulation of diesel prices

India planning four more strategic oil reserves: minister

13 Sep 2014

Diesel price may come down for the first time in 7 years

10 Sep 2014

ONGC to hike crude oil, gas output

09 Sep 2014

Punj Lloyd to build integrated refinery, petrochemicals tank farm in Malaysia

08 Sep 2014

BP found to be “grossly negligent” in Deepwater Horizon disaster

05 Sep 2014

BO, which has already voluntarily spent $28 billion on damage claims and clean up costs, has been accused by a federal judge of gross negligence, and may face $18 billion in fresh civil penalties

Putin inaugurates work on 4,000 km gas pipeline to China

02 Sep 2014

The pipeline will provide secure and reliable clean energy for China's economic development and a long-term stable market for Russia's abundant natural gas resources

ONGC faces heat for delay in developing East Coast gas blocks

01 Sep 2014

Petrol price cut by Rs1.51 per litre; diesel to cost 50 paise more

30 Aug 2014

Tribunal stays competition panel’s orders against Adani Gas

30 Aug 2014

Reliance Industries plans Rs78,000 cr outlay on energy projects

30 Aug 2014

Monthly cap on LPG cylinders off; but 12-a-year norm remains

28 Aug 2014

Government moves to ‘rationalise’ ONGC, OIL subsidy burden

27 Aug 2014

RIL, ONGC, BP, Cairn unite to demand immediate price hike

26 Aug 2014

While gas producers say 10 trillion cubic feet of gas cannot be developed at the current below-market rate of $4.2 per million British thermal unit, power producers say they cannot afford more than $5 a unit

Petrol pumps in Maharashtra to shut from 26 August over local tax issue

25 Aug 2014