Oil & gas
India to pay $1.5 billion of oil dues to Iran in next two months
26 Feb 2014
India's payments will now be made in eight installments on a schedule that started with a $550 million payment by Japan on 1 February
Argentina to compensate Repsol $5 bn over 2012 asset seizures
26 Feb 2014
Spanish oil giant Repsol yesterday said that its board has agreed to accept the $5-billion compensation from the Argentinean government over the seizure of the company's operations by the Christina Kirchner government
Minority shareholders reject Ruias’ $1.5-bn Essar Energy buy-out offer
24 Feb 2014
Minority shareholders in Essar Energy have rejected a $1.5 billion (£900 million) bid by majority shareholder Ruias to acquire 22- per cent shares of the company saying the offer undervalued the group
Shell to sell Australian downstream businesses to Swiss-based oil trader Vitol for $2.6 bn
21 Feb 2014
Shell has recently sold its refineries in the UK, Germany, France, Norway and the Czech Republic, downstream businesses in Egypt, Spain, Greece, Finland and Sweden to focus on upstream exploration and production
Delhi cops file FIRs against Ambani, Moily, Deora over RIL gas pricing
12 Feb 2014
The anti-corruption branch of the Delhi Police today filed a FIR against union petroleum minister Veerappa Moily, RIL head Mukesh Ambani, former petroleum minister Murli Deora
Kejriwal trains guns on Ambani, Deora, Moily over gas pricing
11 Feb 2014
Delhi chief minister Arvind Kejriwal today said that he has ordered the anti-corruption branch of the Delhi Police to file a criminal case against Mukesh Ambani, Murli Deora, and Veerappa Moily on a complaint by four people over RIL's gas pricing
Woodside Petroleum to pay $2.6 bn for 25% stake in Israel's Leviathan gas field
07 Feb 2014
Woodside Petroleum Ltd, Australia’s second-largest oil producer, plans to buy a 25-per cent stake in Israel's Leviathan natural gas field from Noble Energy and its partner
CNG prices in Delhi cut by 30%; piped gas to cost 20% less
03 Feb 2014
The move to reduce cost of natural gas for consumers comes close on the heels of a nationwide hike in the annual quota of LPG cylinders to households
LPG cylinder cap raised to 12, Aadhar-linked subsidy suspended
30 Jan 2014
The Cabinet today approved a hike in the annual quota of subsidised domestic LPG cylinders from nine to 12, raising the annual subsidy burden to around Rs80,000 crore
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
