Oil & gas
Oil companies cut petrol price by Rs1.85 a litre as crude costs dip
15 Nov 2011
Today’s cut more than offsets the Rs1.82 per litre hike in petrol prices announced last week
Petrol prices may be slashed by Rs2 tomorrow
15 Nov 2011
The reduction in petrol prices would be the first in nearly three years, and also the first in the 18 months since the government ended controls on petrol pricing.
Cairn finds more gas in Lanka’s Mannar basin
14 Nov 2011
Petrol price rollback in the offing: report
12 Nov 2011
IOC posts worst-ever quarterly results; may shut down refineries
10 Nov 2011
Indian Oil Corp has reported a net loss of Rs7,485.55 crore in the second quarter, and suggests it may have to close down some refineries as it lacks money to import crude.
US opens new areas for offshore drilling
09 Nov 2011
BP’s $7.06-billion PAE stake sale deal with Cnooc, Bridas collapses
07 Nov 2011
The deal collapsed 10 days after Argentina's leader ordered oil companies to repatriate future export revenue.
PM returns from G20 meet to a storm over fuel price hike
05 Nov 2011
While the PM is firm on the fuel price hike, he will be under increasing pressure not just from allies but also from within his party to roll-back the hike in the price of petrol.
Roll back petrol price hike or we quit: Mamata tells UPA
04 Nov 2011
UPA allaince partner and West Bengal chief minister Mamata Banerjee has threatened to pull out of the alliance if yesterday's fuel price hike was not rolled back immediately.
Petrol prices go up by Rs1.82 per litre
03 Nov 2011
The hike includes Rs1.50 per litre on the cost of petrol and local levies, which together raise retail prices of petrol by Rs1.82 per litre.
GAIL opens natural gas trading desk in Singapore
02 Nov 2011
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