Oil & gas

Kinder Morgan may acquire El Paso for $21.1 bn, create $94-bn business

17 Oct 2011

The deal would create the largest natural-gas pipeline network and the largest independent transporter of petroleum products in the US

Veiled Chinese threat to India over Vietnam oil deal

17 Oct 2011

The international diplomatic and business fraternity confirms that China consistently pressures foreign firms not to develop oil blocks in the sea in deals with Vietnam

LN Mittal-backed Ophir Energy to acquire Dominion Petro acquisition

17 Oct 2011

The acquisition will give Ophir the largest independent net deepwater acreage portfolio in the emerging and highly prospective hydrocarbon region of East Africa.

BP, Shell, ConocoPhillips, Chevron to invest £10 billion in the UK’s oil industry

15 Oct 2011

Oil prices dip on lower demand estimates

13 Oct 2011

Iran to open rupee accounts in Indian banks for payments

13 Oct 2011

OVL acquires 25-% stake in Kazakhstan’s Caspian Sea Satpayev block

13 Oct 2011

Turkmenistan, India discuss TAPI gas pipeline project today

13 Oct 2011

OVL, PetroVietnam sign long-term O&G agreement

12 Oct 2011

Sinopec completes 18-% stake purchase in Chevron Indonesian deep-water project

11 Oct 2011

Superior Energy to buy Complete Production Services for $2.7 billion

10 Oct 2011

Sinopec to buy Canadian oil, shale-gas explorer Daylight Energy for $2.1 bn

10 Oct 2011

In its largest acquisition till date, China Petrochemical Corp is acquiring  Canadian oil and shale-gas explorer Daylight Energy Ltd for about $2.1 billion

Reliance threatens to stop gas supply to UP fertiliser units over sales tax row

05 Oct 2011

The UP government wants RIL to pay 21 per cent sales tax for gas sold to fertiliser units in UP, instead of the 2 per cent central sales tax charged at the point of sale in Andhra Pradesh.

ONGC to boost crude oil, natural gas output significantly: new chief

05 Oct 2011

RIL wants to sell coal-bed methane at over $13 per mmBtu

03 Oct 2011

Duke Energy's acquisition of Progress hits regulatoy roadblock

03 Oct 2011

Under the agreement, Duke Energy was to have acquired acquire Progress Energy for $13.7 billion in cash plus assume over $12 billion in debt

Cairn finds Lanka’s first natural gas prospects

03 Oct 2011

GAIL forms JV with Carrizo to acquire stake in US shale gas asset

29 Sep 2011

RIL may take over some of BP’s foreign assets: Dudley

29 Sep 2011

BP says it is looking at divesting some of its assets in Europe and North America to Reliance Industries Ltd as it seeks to deepen its partnership with RIL

Cairn-Vedanta deal set to go through as ONGC gives its nod

28 Sep 2011

BP chief Dudley, RIL’s Ambani to meet ministers

28 Sep 2011

Arrow Energy to acquire Australian gas explorer Bow Energy for A$535 million

28 Sep 2011

India may opt for seabed pipeline for Iranian gas

26 Sep 2011

If India builds an under-sea gas pipeline to Oman, Iran can link it by building a similar pipeline in deep waters for exporting gas to India

PAC takes up CAG reports on KG basin and Air India for examination

23 Sep 2011

RIL, BP need four years to raise KG-D6 output: report

23 Sep 2011