Oil & gas

Diesel subsidy cut in focus as trade deficit widens: Rajan

05 Mar 2013

OIL reports major oil find in Rajasthan

05 Mar 2013

Oil India expects crude output at the new discovery to be around 30,000 barrels per day

After Videocon, Anadarko puts 10 % stake in Mozambique gas field on the block

By By Ravi Kunder | 05 Mar 2013

Analysts believe the prime contenders for the prized stakes would be Royal Dutch Shell, Repsol, ExxonMobil, BP, and China’s Sinopec, which could prove to be the most aggressive bidder. By Ravi Kunder

Temasek buys 5 % in Spanish energy giant Repsol for $1.35 bn

04 Mar 2013

Japex to acquire 10 % in Petronas Pacific Northwest LNG and a shale gas project in Canada

04 Mar 2013

Opposition rocks Parliament over petrol price hike

04 Mar 2013

The opposition was united in demanding a rollback of the recent price hikes in oil-based fuels, particularly the hike in petrol prices over the weekend

Diesel price for bulk users up; non-subsidised LPG to cost Rs37.50 less

02 Mar 2013

While the price hike is around 94 paise per litre, the effective increase, including local sales tax or VAT, could be as high as Rs1.25 per litre

EU seeks additional $119 mn fine on Eni over 2006 synthetic rubber cartel case

02 Mar 2013

Petrol prices raised by Rs1.40 per litre

01 Mar 2013

Effective midnight tonight a litre of petrol will cost Rs70.77 in Delhi, Rs77.66 in Mumbai, Rs78.34 in Kolkata and Rs73.95 in Chennai

Germany's E.ON plans to buy Eike Batista’s stake in Brazil's MPX Energia: report

27 Feb 2013

Russia’s Gazprom to buy LNG from Israel’s Tamar project

27 Feb 2013

Shell to buy Repsol’s liquefied natural gas assets for $4.4 bn – GAIL loses out

27 Feb 2013

BP braces for trial over Gulf of Mexico oil spill

26 Feb 2013

Cairn launches fresh oil hunt in Rajasthan block

25 Feb 2013

Sinopec to acquire Chesapeake’s shale assets for $1.02 bn

25 Feb 2013

North Sea oil investment at 30-year high: report

25 Feb 2013

BP nears $16-bn settlement over Gulf of Mexico oil spill: report

25 Feb 2013

The settlement offer would cover potential fines owed by BP under the Clean Water Act, and payments under an environmental evaluation known as the Natural Resources Damage Assessment statute

Chevron to buy stakes in two Australian shale gas assets from Beach Energy for $349 mn

25 Feb 2013

PetroChina to buy stakes in two Australian exploration assets from ConocoPhillips

22 Feb 2013

Petrobras in talks to sell stakes in Argentinean refineries to Oil Combustibles for $400 mn

22 Feb 2013

Linn Energy to buy Berry Petroleum for $4.3 billion

21 Feb 2013

ONGC-OIL in race for Videocon’s Mozambique gas stake

21 Feb 2013

Canada approves ExxonMobil's $3.1-bn Celtic Exploration deal

21 Feb 2013

US justice department to drop penalties on BP over Gulf of Mexico oil spill

20 Feb 2013

RIL-BP to invest Rs25,000 crore more in KG-D6 fields

19 Feb 2013

RIL and BP Plc will jointly invest more than $5 billion over the next 3-5 years to boost natural gas output at the KG-D6 block, off the east coast of India