Oil & gas
Cabinet clears $5.12-bn OVL-OIL purchase of gas assets in Mozambique
04 Oct 2013
ONGC Videsh Limited and Oil India Limited will acquire 20 per cent participating interest in Rovuma Area 1 offshore block in Mozambique in two different transactions
RIL, IOC, GAIL-OIL lead race for Haldia Petrochem stake
04 Oct 2013
RIL, which is considered the frontrunner for buying Haldia Petrochemicals' stake, could face formidable competition from the state-owned combine of GAIL and OIL
Petrol down by Rs3.05 per litre; diesel 50 paise costlier
01 Oct 2013
The current downward revision in petrol prices has become feasible because of a reduction of international prices of crude oil
ONGC Videsh may bid for Tanzanian oil blocks
27 Sep 2013
ONGC to raise $4 bn overseas to fund Mozambique acquisitions
26 Sep 2013
With Reserve Bank raising it's main lending rate by to 7.50 per cent, it has become cheaper for Indian companies to raise money overseas
ONGC, Shell may block China’s Sinochem's Brazilian offshore oil block bid
17 Sep 2013
ONGC and Shell are likely to exercise their right of first refusal, with the Anglo-Dutch giant raising its stake by 20 per cent to 25 per cent, and OVL taking another 10 per cent and 15 per cent
Oil companies hike petrol prices by Rs1.63 a litre
14 Sep 2013
IOC, the country’s largest oil retailer, said it would pass on to the consumer any beneficial effect of an improvement in the rupee’s value and stabilisation in oil prices
Kazakh oilfield: India's loss China’s gain
07 Sep 2013
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
