Oil & gas
TNK-BP confirms deal to buy 45-% stake in Brazilian exploration blocks for $1 bn
01 Nov 2011
The deal, which had been under negotiations, will lead to the biggest upstream overseas investment by TNK-BP.
Valero Energy stock plummets after RIL denies acquisition rumours
01 Nov 2011
The stock price of US-based Valero Energy plummeted 7 per cent yesterday after Reliance Industries scotched rumours that it planned to buy the company.
BPCL reports Q2 net loss of over Rs3,229 crore
31 Oct 2011
BP back in business in Gulf of Mexico
22 Oct 2011
Norway’s Statoil bids $4.4 bn for Brigham Exploration
18 Oct 2011
Norway’s largest oil company, Statoil has launched a $4.4 billion cash bid for Brigham Exploration Co, to expand into the unconventional gas business in the US
Reliance suspends drilling at blocks covered under BP deal
18 Oct 2011
Reliance Industries has suspended drilling at its oil and gas exploration blocks covered under a deal with new venture partner BP pending a review
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