Oil & gas

Transocean to pay $1.4 bn for 2010 Deepwater Horizon oil spill

05 Jan 2013

British oil giant BP, which had leased the rig at the time of the blowout, had already agreed to pay a penalty of $4.5 billion

Government weighing hike in diesel, LPG and kerosene rates

04 Jan 2013

Moily allows RIL, Cairn to further explore in producing fields

04 Jan 2013

CAG can fully audit gas producers: Rangarajan

03 Jan 2013

Rangarajan panel moots parity-based gas pricing

02 Jan 2013

Government to hike diesel, power prices as fiscal deficit bites

27 Dec 2012

Oil ministry has sought a Rs10 per litre hike in the retail prices of diesel and kerosene while the prime minister felt power tariffs in the country are too low

Qatar Petroleum eyes ADB stake in Petronet LNG

26 Dec 2012

Rangarajan formula could almost double natural gas price

24 Dec 2012

The Rangarajan Committee on gas pricing has suggested a complex pricing formula that will lead to near doubling of the natural gas price to about $8 per mmbtu against the current price of $4.2 per mmbtu

Pakistan to ramp up crude oil production 25 per cent

24 Dec 2012

Judge approves BP class action suit settlement

24 Dec 2012

Gulf Oil completes acquisition of Houghton International

21 Dec 2012

Reliance to restart crude distillation in 1-2 days

21 Dec 2012

ConocoPhillips to sell Nigerian businesses to Oando Energy for about $1.79 billion

21 Dec 2012

Export American natural gas? Not so fast, says Stanford economist

By By Max McClure | 20 Dec 2012

Stanford economics Professor Frank Wolak warns of betting against the international spread of shale gas technologies by attempting to export domestic natural gas.

ConocoPhillips to sell Algerian business unit to Indonesia’s Pertamina for $1.75 bn

19 Dec 2012

BP sells North Sea gas field stake to utility firm SSE for $288 mn

18 Dec 2012

BHP Billiton, ExxonMobil to spend $1 billion on excess carbon treatment at new gas fields in Victoria

15 Dec 2012

Indian Oil Corp retains top slot in Fortune 500 India list

14 Dec 2012

RIL shuts down another gas well in D6 block

14 Dec 2012

UK government greenlights shale fracking

14 Dec 2012

PetroChina to buy 49.9 % in Canada’s Encana’s Alberta shale gas prospect for $2.2 bn

14 Dec 2012

Rosneft inks deal to buy Russian oligarchs 50% stake in TNK-BP for $28 billion

13 Dec 2012

Chesapeake Energy to sell midstream assets to Access Midstream Partners for $2.16 bn

12 Dec 2012

PetroChina to buy minority stake in BHP Billiton’s Browse LNG JV for $1.63 bn

12 Dec 2012

Election Commission slams government's move to raise LPG quota

11 Dec 2012