Oil & gas
Chinese-backed Myanmar pipelines to be completed this month
28 May 2013
The 800-km pipelines, in which China's CNPC holds 51-per cent stake, are being constructed at an approximate cost of $2.5 billion.
RIL reports significant gas find in KG-D6 block
24 May 2013
RIL said the discovery, named ‘D-55’, which is close to a producing reservoir D1-D3, has been notified to the government and the management committee of the block
ONGC’s $5-bn bid for stake in Kashagan oilfield hangs in balance
By By Ravi Kunder | 22 May 2013
ONGC will have to wait until 2 July to find out the fate of its proposed $5 -billion acquisition of ConocoPhillips 8.4-per cent stake in the giant Kashagan oilfield. Ravi Kunder reports
Oil ministry proposes unit price of $6.7 for natural gas
20 May 2013
The new pricing formula would apply to all forms of natural gas, including conventional, shale and coal-bed methane (CBM), and across all consuming sectors
US approves $10-bn LNG export facility in Texas
20 May 2013
The US energy department has conditionally authorised Freeport LNG Expansion LP and FLNG Liquefaction LLC to export LNG to countries that do not have a free trade agreement with the US.
EU regulator raids oil giants over price manipulation
15 May 2013
The European Commission yesterday raided the offices of oil giants including Royal Dutch Shell, BP and Statoil over concerns that they colluded in manipulating the oil price benchmark in violation of EU antitrust rules
US shale boom to hit OPEC prices over next 5 years: IEA
15 May 2013
The US shale boom is likely to rock the global oil trade over the next five years, benefiting US refiners and displacing OPEC as the major supplier of oil, according to the International Energy Agency
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
