Oil & gas
Oil retailers deny making big profits; say only bailouts keep them afloat
04 Jun 2012
The oil marketing companies say it was only a subsidy compensation package of Rs1,38,500 crore that enabled them to declare nominal profits for the year
Petrol to cost Rs2 less per litre from midnight tonight
02 Jun 2012
The reduction comes in the wake of the prices of crude oil falling below $100 a barrel in the international market
Crude hits a low of $98 a barrel as global growth stagnates
01 Jun 2012
The Organisation of Petroleum Exporting Countries, however, said the cartel saw no immediate need to cut production
BP considers stake sale in Russian joint venture TNK-BP
01 Jun 2012
TNK-BP, which has a market value of $59 billion, generates a quarter of BP’s production and contributed $3.7 billion to its revenues last year
Bandh over petrol price hike disrupts life nationwide
31 May 2012
Mumbai and Delhi – both ruled by the Congress and its allies – were relatively less affected, although there were transport problems with autorickshaws off the road
Italy's Eni to sell 30 % in Snam to state lender for $4.36 bn
31 May 2012
The Italian government issued a decree this month that required Eni to offload at least 25.1 per cent of Snam to reduce the country's €1.9 trillion public debt
HC asks govt, oil retailers to justify petrol price hike
31 May 2012
The Bombay High Court yesterday accepted a petition for hearing that among other issues demands uniform petrol prices in the country
Petrol price cut likely as oil retailers show healthy books
30 May 2012
State-run fuel retailers could cut retail prices of petrol by about two rupees a litre from next month if global oil prices and the rupee stabilise at current levels
Oil India looks for overseas acquisitions
28 May 2012
Whose fuel-price hike is it anyway?
28 May 2012
A rise in price of petrol by itself will have a negative impact on the economy and the environment unless it is followed by an immediate hike in diesel prices as well, writes Anjor Bhaskar
Investment in Australia’s resources sector reaches record $260 billion
26 May 2012
Seven new LNG projects account for over $164 billion investment that when completed in 2015-2016, will increase Australia’s LNG export capacity over three-fold to 80 million tonnes per annum
Reddy rules out immediate review of petrol price hike
25 May 2012
Reddy has sought a few days to watch global trends and discuss the matter with states before coming up with a view on the price hike
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