Oil & gas
Gail, Turkmengaz sign TAPI gas purchase pact
23 May 2012
Petrol prices up Rs7.50 per litre
23 May 2012
An additional increase of around Rs1.50 per litre in the selling price of petrol is needed for oil companies to fully recover cost in the 2012-13 financial year, according to IOC
RIL, partners dump ‘high-potential’ D-4 gas block
23 May 2012
The Mahanadi D-4 block, which was earlier projected to have twice the reserves of the troubled Krishna-Godavari D-6, has now been abandoned by RIL, BP and Niko saying it is uneconomic to explore further
Thailand's PTTEP trumps Shell's offer for Cove Energy with $1.9 billion bid
23 May 2012
The offer comes a day after Cove management on Tuesday urged its shareholder investors to accept Shell's bid ahead of today's deadline
Oil plunges to below $92 on eurozone woes
19 May 2012
Crude oil stretched its third weekly decline dropping to $91.80 a barrel on Friday due to the deepening euro zone debt crisis and concerns of a slowdown in China, the world’s second-largest economy
India to sign pact for Turkmenistan gas pipeline
17 May 2012
State-run GAIL Ltd will sign the gas purchase agreement with Turkmenistan's national oil firm for supplies from a planned multi-national pipeline
Japan to invest $4.4 bn in Chevron LNG project
17 May 2012
The Japanese government has teamed up with a consortium of Japanese state-owned firms to acquire $4.4-billion stake in the US oil and gas major Chevron’s Wheatstone liquefied natural gas (LNG) project
India to cut Iranian oil imports by 11% this year
16 May 2012
Minister R P N Singh’s announcement in Parliament is widely seen as bowing to US pressure; but an offer of shale gas may be the quid pro quo
Moody’s downgrades RIL to credit negative
14 May 2012
Shale could double Australia’s gas resource base
14 May 2012
Chevron inks $15-bn LNG deal with Japan’s Tohoku Electric
14 May 2012
With the signing of the agreement with Tohoku, Chevron has tied up around 80 per cent of LNG production from its Wheatstone project with Asian buyers
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
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
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
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
