Oil & gas
Oil prices on the rise amid Hormuz fears
16 Jan 2012
Sinopec, Aramco to build $10-bn refinery in Saudi Arabia
16 Jan 2012
The 400,000 barrel-a-day refinery will be built in the western city of Yanbu on the Saudi Red Sea coast, with output likely to start in 2014, Aramco CEO Khalid al-Falih said today
Oil retailers oppose Kingfisher bid to import jet fuel
16 Jan 2012
Indian Oil Corp, Hindustan Petroleum Corp Ltd and Bharat Petroleum Corp Ltd have come out strongly against Kingfisher Airlines’ proposal to directly import air turbine fuel
Oil India eyes US shale gas acreage
16 Jan 2012
Oil India plans to join the booming shale-gas exploration business that has fuelled more than $39 billion of acquisitions in the US by companies like Exxon Mobil, Royal Shell and Reliance Industries
OVL, GAIL to jointly bid for UK's Cove Energy: report
14 Jan 2012
OVL is eyeing its second-largest overseas acquisition since its $2.1-billion acquisition of Imperial Energy in 2009
Energy giants Inpex, Total approve $34-bn Ichthys LNG project in Australia
13 Jan 2012
Japan’s Inpex Corp and Total SA of France have agreed to invest $34 billion over the next five years in building the Ichthys liquefied natural gas project, which would become one of the world's biggest liquefied natural gas
Sinochem to buy 10% in five Brazilian offshore blocks from Perenco
07 Jan 2012
Sinochem had, last year, acquired a 40 per cent stake in the Peregrino oilfield off the Brazilian coast, from Norway-based Statoil, for $3 billion
Praj acquires majority stake in Neela Systems
06 Jan 2012
China’s Sinopec invests $2.2 bn in US shale deal
04 Jan 2012
Ecuador court rejects Chevron's appeal against $18-bn verdict
04 Jan 2012
Chevron lost its appeal against a ruling that held it responsible for chemical-laden wastewater dumped in jungle land from 1964 to about 1992 by Texaco Inc, which Chevron acquired in 2001
RIL set to get nod for $1.5-bn capex in K-G D6 gas
04 Jan 2012
The government has approved Reliance Industries' plans to develop four satellite fields at its D6 gas block in the Krishna-Godavari Basin, with BP Plc
ONGC to spend Rs15,300 cr on K-G gas discovery
03 Jan 2012
ONGC plans to invest about Rs15,340 crore in developing its ultra-deep sea UD-1 gas discovery in the Krishna-Godavari basin by 2016-17
Arbitration panel awards Exxon Mobil $908 million in Venezuelan oil dispute
02 Jan 2012
Exxon Mobil Corp has got less than 10 per cent of what it was seeking after its assets were nationalised under President Hugo Chávez
New Year to see higher petrol prices
30 Dec 2011
Spain’s Repsol to acquire Russian oil and gas explorer Eurotek for $230 mn
30 Dec 2011
Repsol holds 49 per cent in the $840 million joint venture, while Russian-Kazakh peer Alliance Oil holds the remaining 51 per cent
Chesapeake Energy to sell pipeline system to affiliate for $865 million
29 Dec 2011
Chesapeake, the second largest natural gas producer in the US, is selling Appalachia Midstream Services, which owns 47 per cent of a 200-mile pipeline that transports more than 1 billion cubic feet of gas a day
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
