Oil & gas
Iran warns Opec against indecision on output cut
06 Dec 2018
Qatar to quit Opec in January, to focus on gas exports
04 Dec 2018
Qatar, the world’s largest exporter of liquified natural gas, plans to increase gas exports from 77 million tonnes per year to 110 million tonnes, while also raising its oil production from 4.8 million barrels to 6.5 million barrels
Gas distribution to cover 70% of population in 2-3 years: Modi
23 Nov 2018
Modi said work on city gas distribution network is underway in 65 geographical areas in 129 districts under the ninth round of CGD bidding while the tenth CGD bidding round will cover in 50 GAs spread over 124 districts in 14 states
GAIL, Getco seek rejection of ArcelorMittal’s Essar Steel bid
20 Nov 2018
Essar Steel Asia Holding Ltd, the promoter of Essar Steel, had proposed to pay Rs54,389 crore that would cover all dues of the financial and operational creditors
RIL looking to raise refining capacity to 30 million tonnes: report
19 Nov 2018
The new plant, expected to come up alongside the Jamnagar complex, is estimated to cost $10 billion (Rs71,600 crore at current exchange rate)
Petrol price down Rs7.29 per litre in one month
19 Nov 2018
US grants Iran oil sanctions waiver to India, 7 other countries: report
02 Nov 2018
Brent crude, which was trading at $74.51 per barrel on Thursday, was trading lower at $72.79 per barrel today, as the number of waivers granted took the wind out of the sanctions
Diesel now costs more than petrol in Odisha
22 Oct 2018
RIL Q2 net vaults over 17% to Rs 9,516 crore
19 Oct 2018
RIL attributed the increase in revenue and profits to higher price realisations of petrochemical and refinery products and better performance of Reliance Retail and Jio, gaining from scale, technology and operational efficiencies
Total, Adani in LNG joint venture
17 Oct 2018
The partnership has set a target of developing regasification terminals, including Dhamra LNG, on the east coast of India besides building a retail network of 1,500 service stations over a period of 10 years
Modi urges oil suppliers to review payment terms to ease rupee woes
15 Oct 2018
India, which imports more than 80 per cent of its oil requirements, has been under pressure as crude oil prices have surged by 50 per cent in dollar terms and by 70 per cent in rupee terms in just one year, as the rupee continued to lose value
PetroChina to open office in Mumbai: report
10 Oct 2018
PetroChina already buys refined products from Nayara Energy and Reliance Industries, while the Chinese state-owned refiners are boosting shipments of oil products such as diesel to Europe, South America and West Africa
Saudi Aramco may invest in refinery project in Pakistan's Gwadar
05 Oct 2018
While details of the refinery are to be finalised after a memorandum of understanding approved by Pakistan’s cabinet is finalised, the proposal gives a new life to China’s economic corridor through Pakistan
India cuts petrol, diesel prices to offset oil rise, rupee losses
04 Oct 2018
With a similar cut by BJP-ruled states of Maharashtra, Gujarat, Uttar Pradesh, Tripura, Jharkhand, Chattisgarh, Madhya Pradesh and Himachal Pradesh the effective reduction in the price of petrol and diesel in these states stands at Rs5 per litre
Without curbs India's oil demand seen hitting 500 mtpa by 2040
25 Sep 2018
A spike in demand to 10 bpd a month could push up India’s oil import bill to about $27 billion (at current prices) a month and to about $34 billion a month at $100 per barrel
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
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