Oil & gas
ONGC spuds first well on $5 bn KG project
09 Apr 2018
Numaligarh Refinery to tap N-E’s bamboo resources to make ethanol
03 Apr 2018
The Numaligarh Refinery in Assam hopes to produce 60 million litres of ethanol every year by using abundant bamboo available in the region to boost biofuel use for cutting down crude imports
GAIL's first chartered LNG vessel from US arrives at Dabhol
31 Mar 2018
GAIL will have 5.8 million tonnes per annum of US LNG in its portfolio mix of LNG indexed to Henry Hub and crude oil
Embattled oil major Exxon fails to get environmental law suit dismissed
31 Mar 2018
American oil and gas major Exxon Mobil, facing two major charges, is battling it out furiously but failing to win over support
IOC begins doorstep delivery of diesel
19 Mar 2018
Oil reverses 2 days of decline, but OPEC still worried
15 Mar 2018
The oil cut by OPEC, Russia and several other non-OPEC producers, but not the United States, has helped boost oil prices, which topped $71 a barrel this year for the first time since 2014 and were near $65 on Wednesday, which has been negated by a flood of shale oil
Debt-laden Videocon hopes to raise Rs30,000 cr via Brazilian oil assets sale
09 Mar 2018
Videocon CMD Venugopal Dhoot said in separate interviews that the conglomerate hopes to raise Rs30,000 crore by selling oil blocks in Brazil to repay lenders, and that he has no intention of fleeing the country
With GAIL locked in as CBM buyer, Essar Oil now eyes shale gas
06 Mar 2018
Essar Oil, which was finding it difficult to sell its coal-bed methane gas, is set to sign a deal with GAIL with an assured offtake for 15 years, and is now looking at shale gas extraction from its Rajiganj coalfields
Oil-eating microbes are challenged in the Arctic
21 Feb 2018
Bacteria play a major role in cleaning up oil spills and mitigating its environmental impacts. A new review examines the major limiting factors for microbial degradation in Arctic environments
Blast on ONGC ship at Cochin Shipyard kills 5, injures 11
13 Feb 2018
The blast occurred around 10:45 am onboard Sagar Bhushan, when the oil tank of the drilling ship belonging to Oil and Natural Gas Corporation that was berthed for repair burst during repairs
ONGC-led group buys 10% stake in Abu Dhabi oilfield for $600 mn
12 Feb 2018
The investment by ONGC follows ADNOC signing a deal last year to store about 6 million barrels of oil at India’s Mangalore storage site, signalling increased cooperation in oil sector investments by India and the UAE
Consortium led by ONGC to get 10% stake in Abu Dhabi oil field
10 Feb 2018
A consortium led by India’s Oil and Natural Gas Corp will sign a contract today to acquire a stake in the offshore oil concession of state-owned Abu Dhabi National Oil Company
Vinod Tahiliani appointed CEO of BP-RIL venture India Gas Solutions
06 Feb 2018
Vinod Tahiliani joins the British Petroleum - Reliance Industries venture from BP, where he was vice president, strategy and commercial for BP India
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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