Oil & gas
ONGC, GAIL in gas sale and purchase agreement
24 Jul 2012
The agreement also paves way for ONGC commissioning an ethane extraction plant and supply of raw materials to ONGC Petro-additions Ltd (OPaL), which is being set up as a joint venture with GAIL
Cnooc making China’s largest acquisition with Canada’s Nexen for $15.1 bn
24 Jul 2012
If the deal goes through, it would mark the largest ever overseas hydrocarbon acquisition by a Chinese entity
Russia warns India over Sistema investment
23 Jul 2012
In a veiled threat, Russian amabassador to India, Alexander M Kadakin said there could be no investment from India in Russia, if Russian investments in India were imperiled
British Gas to move more jobs to India
21 Jul 2012
Reliance Q1 net profit falls 21 per cent to Rs4,473 crore
20 Jul 2012
The decline in RIL's net profit for the April-June 2012 quarter, however, was lower than the market expectations of a 23 per cent fall
Chevron acquires RIL's Kurdistan blocks
20 Jul 2012
Government close to decision on capping number of subsidised LPG cylinders
19 Jul 2012
The government is close to taking a decision on capping the number of subsidised cylinders to "econonomically not weaker" sections to bring down the subsidies by up to Rs 10,000 crore annually
China puts ONGC-PetroVietnam block in South China Sea on auction
18 Jul 2012
OVL has two deepwater operating blocks in the South China Sea, off the Vietnam coast - Block 0.61 and Block 128 - which are 45 per cent and 100 per cent, respectively, owned by OVL
RIL-BP told to submit D6 records to CAG
17 Jul 2012
The oil ministry has agreed to quicken the approval process for two blocks in the Cauvery Basin depending on how fast the records reach GAG
UAE launches pipeline bypassing Strait of Hormuz
16 Jul 2012
The pipeline has been designed to carry at least 1.8 million barrels a day of crude
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The Rise and Rise of HDFC Bank
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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
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Market predator Hindenburg preys on Adani stock
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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
