Oil & gas

GAIL may strike $12-billion deal to import US shale gas: report

10 Jul 2012

Bangladesh may join TAPI gas pipeline project

10 Jul 2012

Schlumberger acquires 20 % stake in Chinese rival Anton Oilfield Services

09 Jul 2012

IGL hikes CNG prices for the third time this year

07 Jul 2012

DGH revokes approval for RIL’s CBM gas price

04 Jul 2012

Under the RIL formula, CBM from its Madhya Pradesh blocks would cost $12.93 per mmBtu against the well-head  cost of $4/2/mmBtu for gas flowing from Essar Oil's block in West Bengal

Conoco, Origin approve Australia Pacific LNG expansion

04 Jul 2012

Government to review oil and gas production sharing contracts

03 Jul 2012

Essar Energy sells 50 % stake in Vietnam gas block to ENI

02 Jul 2012

Heritage Oil to buy Nigerian oil assets for $850 million

02 Jul 2012

GSPL-led JVs tie up Rs13,704-cr for 3 cross-country gas pipeline projects

30 Jun 2012

Cairn sells 3.5 % stake in India unit for over Rs2,000 crore

29 Jun 2012

IOC cuts petrol prices by 2.46 to 3.22 per litre

28 Jun 2012

The downward revision in prices, including state levies, varies from state to state depending upon local taxes

Malaysia's Petronas to buy Canada's Progress Energy for $5.4bn

28 Jun 2012

Malysian state-owned oil firm Petronas says the acquisition of Progress is consistent with its strategy of strengthening its position as one of the global leaders in LNG

Essar Projects hands over D1 development project to ONGC

28 Jun 2012

RIL sees diesel sales surging as consumer demand for fuel rises

28 Jun 2012

PSU oil firms likely to cut petrol prices by Rs4 a litre

27 Jun 2012

The decision comes after weeks of fall in the price of crude oil in the international market, which pushed crude to an eight-month low of $89 a barrel last week.

BP to sell minority stakes in two North Sea fields to Japan’s Mitsui

27 Jun 2012

Growth in global oil market slows

26 Jun 2012

BP to sell US liquids-rich assets to Linn Energy for $1.03 billion

26 Jun 2012

Government asks RIL to increase gas supplies to IFFCO, Indo Gulf Fertiliser

25 Jun 2012

Indian ministers fond of gas – quite literally

23 Jun 2012

Even Naveen Jindal loves his share of daily LPG subsidies

23 Jun 2012

Naveen Jindal, well-known industrialist, billionaire and the richest parliamentarian in India, consumes subsidized LPG at the rate of more than a cylinder a day. Why is it so difficult for the rich to just give up these subsidy peanuts and purchase LPG from private retailers at market prices? By Shivshanker Verma

Competition panel eyes oil retailers for keeping petrol high

23 Jun 2012

Shell chief asks Australian government to act on high wages

22 Jun 2012

Harvest Natural Resources to sell Venezuelan assets to PT Pertamina for $725 mn

22 Jun 2012