Oil & gas
Kazakh govt helps CNPC oust ONGC from ConocoPhillips stake deal
By By Ravi Kunder | 02 Jul 2013
The Kazakhstan government has squashed ONGC's bid to acquire ConocoPhillips' stake in in the giant Kashagan oilfield, which it will now buy and sell to China's CNPC. By Ravi Kunder
Shale gas set to halve oil prices in a decade
01 Jul 2013
Reliance to gain most from gas price hike
29 Jun 2013
Petrol price hiked by Rs1.82 amid plummeting rupee
29 Jun 2013
For the third time this month state-run oil marketing companies have increased the price of petrol, this time by Rs 1.82 a litre, as the headlong plunge of the rupee against the dollar has made imports costlier
Chidambaram defends gas price hike decision
28 Jun 2013
Finance minister P Chidambaram today said doubling the unit price of natural gas produced in the country to $8.5 per mmBtu it was necessary to avert a sharp decline in gas production in the country
OVL-OIL buying Videocon's stake in Mozambique's Rovuma for $2.48 bn
25 Jun 2013
The acquisition will be made via a newly incorporated entity in which OVL and OIL are expected to hold 60 per cent and 40 per cent stakes respectively
CCEA defers decision on natural gas price hike
21 Jun 2013
Petrol price hiked by Rs2 excluding state taxes
15 Jun 2013
Indian Oil Corp, the country’s largest fuel retailer, said the price hike was necessitated by the continued decline in the value of the rupee against the US dollar, which raised the landed cost of crude oil
Pakistan to go ahead with Iran gas pipeline deal
15 Jun 2013
UK shale acreage attracts top oil companies
14 Jun 2013
Chevron plans to sell two Nigerian oil blocks
13 Jun 2013
Malaysia’s Petronas to invest $20 bn in Canadian LNG project
12 Jun 2013
Malaysian national oil company Petronas will invest approximately $20 billion on a new LNG export facility in British Columbia
Retraction of ONGC's Mozambique deal could invite Sebi scrutiny
By By Ravi Kunder | 11 Jun 2013
ONGC's retraction of its press release announcing that its subsidiary OVL and Oil India had signed an agreement to buy Videocon's 10-per cent stake in a Mozambique gas field for $2.48 billion, could attract Sebi action. By Ravi Kunder
OVL, Oil India to buy Videocon’s stake in Mozambique gas field for $2.48 bn
10 Jun 2013
For Videocon, the sale brings in a massive windfall from its passive investment made in early 2008 after it initially paid around $75 million for its 10-per cent stake and spent around $200 million during phase 1
Reliance Industries plans Rs1,50,000-crore capex over 3 years
06 Jun 2013
The investments will span oil and gas exploration, production, refining and marketing, petrochemicals, retail and broadband and digital services, chairman Mukesh Ambani said
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
