Oil & gas

SandRidge Energy to buy Gulf of Mexico-focused Dynamic Offshore for $1.28 bn

02 Feb 2012

Government tells RIL to avoid arbitration in D6 gas cost recovery

31 Jan 2012

ExxonMobil to sell Japanese refining subsidiary for $3.9 bn

30 Jan 2012

Iran oil imports to continue, vows Pranab

30 Jan 2012

Industry executives see energy independence for US in 15 years

27 Jan 2012

Nearly 70 per cent of executives at middle market energy companies see the potential for US energy independence within 15 years

Petronet to set up Rs4,500 crore terminal at Gangavaram in Andhra Pradesh

27 Jan 2012

India, Pakistan agree on transit fee formula for TAPI gas pipeline project

25 Jan 2012

Obama supports fracking, clean energy in State of the Union address

25 Jan 2012

Drilling for shale and cleaner energy sources topped US president Barack Obama’s technology priorities for reviving the economy in his final State of the Union address before facing US voters in November

Mangalore refinery ‘has plan B’ if Iran oil disrupted

25 Jan 2012

Cairn-Vedanta deal finally through after cabinet nod

25 Jan 2012

Apache Corp to buy Cordillera Energy Partners for $2.85 billion

24 Jan 2012

India looking for ways to make Iran oil payments: Reddy

23 Jan 2012

EU resolves to ban Iran oil imports

23 Jan 2012

The EU today followed the US line by formally adopting an oil embargo on Iran and agreeing to freeze the assets of the country's central bank as part of sanctions against the country’s nuclear ambitions

Essar Oil finds more gas reserves at Raniganj CBM block

23 Jan 2012

Oil subsidy burden on ONGC, OIL may mount to Rs7,852 crore

23 Jan 2012

With the Indian crude basket ruling around $110 a barrel, a $54 cap on prices of crude oil supplied by ONGC and OIL to state-run refiners would mean an annual loss of Rs7,852.93 crore ($1.57 billion) for the two companies.

RIL commits to SC on VAT payment to UP on gas supply

23 Jan 2012

Sinopec signs LNG purchase deal with Australia’s Australia Pacific LNG

21 Jan 2012

Chevron again appeals Ecuador court ruling

21 Jan 2012

Stable outlook for oil and gas sector in 2012, says Fitch

20 Jan 2012

Canada may look to China for oil exports after pipeline rejection

19 Jan 2012

With president Barack Obama rejecting a permit for TransCanada Corp’s Keystone XL oil pipeline, Canada  may be forced to look to China for oil exports

GDF Suez eyes E.ON’s natural gas transmission grid

19 Jan 2012

Cairn India receives production clearance for Bhagyam

19 Jan 2012

Oil prices resume upward march as dollar weakens

18 Jan 2012

SC orders Essar Oil to pay Rs6,309-cr sales tax dues

18 Jan 2012

Essar Oil said it was eligible for tax deferment of Rs9,100 crore for 17 years under the scheme, of which it had utilised Rs6,309 crore and has now assigned Rs1,800 crore of the deferred liability for repayment

Canada’s Pembina Pipeline to acquire Provident Energy for $3.1 billion

17 Jan 2012

The transaction is the largest Canadian natural-gas pipeline deal since the 2005 acquisition of FortisBC Holdings by  Kinder Morgan for C$6.7 billion