Oil & gas
Shell to buy UK’s Cove Energy for $1.8 billion
24 Apr 2012
The acquisition will help Shell secure a stake in one of the world’s largest gas fields off the Mozambique coast in Africa
Government proposes deregulation of diesel prices
24 Apr 2012
Even under deregulation, diesel prices will continue to be modulated in order to insulate the common man, according to the government
DGH approves RIL’s CBM price formula
24 Apr 2012
Icahn wins $2.26-bn takeover battle with CVR Energy board
20 Apr 2012
CVR Energy Inc yesterday paved the way for billionaire-activist investor Carl Icahn to proceed with his $2.26-billion takeover offer by withdrawing its poison pill defence
RIL moves SC over K-G gas cost dispute
19 Apr 2012
The petroleum ministry was not approving its budgets and was putting undue pressure on it to drill more wells, although geological data suggests this may be counterproductive
Retailers will raise petrol prices unilaterally, IOC warns govt
18 Apr 2012
The government-run oil marketing companies say they cannot sustain their finances if they are forced to keep selling petrol below the price at which they have to buy it
RIL’s East Timor gas block fails to produce
14 Apr 2012
Spain warns Argentina not to nationalise Repsol's Argentinean YPF unit
14 Apr 2012
Spain yesterday warned Argentina that it would retaliate if it goes ahead with plans to take back control of Repsol's majority stake in its Argentinean YPF unit
Rosneft, ExxonMobil formalise joint venture
13 Apr 2012
The JV gives Rosneft and ExxonMobil access to each other’s technology for oil and gas exploration in the Artic and Black Sea offshore even as the two extend cooperation worldwide
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
