Oil & gas
Govt asks RIL to surrender over 80% of KG-D6 gas block
30 Oct 2013
RIL and its partners BP plc of UK and Canada's Niko Resources will have to return over 80 per cent of the exploration area under the KG-D6 gas block, including five discoveries
Panel recommends hike in prices of diesel, LPG and kerosene
30 Oct 2013
An expert group has recommended increases of Rs5 per litre of diesel, Rs4 per litre of kerosene and Rs250 per cylinder of domestic LPG, and limiting the quota of subsidised LPG to households at 6 cylinders a year.
CNPC close to buying Petrobras’ Peruvian assets for over $2 bn
30 Oct 2013
Brazilian state-owned oil giant Petrobras is raising funds for its massive $236-billion exploration and expansion plan, which could allow it to overtake the output of all OPEC members except Saudi Arabia
BHP Billiton surrenders 10 offshore blocks in India for clearance delays
22 Oct 2013
BHP Billiton, the world’s biggest mining company, has surrendered 10 offshore blocks in India due to delays in getting clearances from the defence ministry
UK looks at shale gas as North Sea supplies dwindle
21 Oct 2013
Despite the hostility towards fracking, the UK could emerge as a major hub for shale gas
Coal to replace oil as world’s top fuel by 2020
14 Oct 2013
The trend is largely attributed to demand in China and India, two of the world’s fastest-growing economies
Regency Energy to buy rival PVR Partners in $5.6-bn deal
11 Oct 2013
US natural gas pipeline operator Regency Energy Partners in a bid to acquire PVR's prolific Marcellus and Utica shale fields in the US
Petronas plans to invest $36 bn in British Columbia LNG project
09 Oct 2013
Petronas expects to make a final decision on the LNG project investment in late 2014 depending on how liberal the government of British Columbia is about the planned LNG export tax rates
Sole bidder Indian Oil bids below Rs3,000 cr for 31% Haldia Petro stake
07 Oct 2013
The Chatterjee Group, a joint promoter of Haldia Petroleum, has the right of first refusal over the West Bengal government’s stake and has 30 days to match the bid, and another month to make payments
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
