Oil & gas
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
No deal on US oil, price will decide
10 Sep 2018
Fuel prices peak as Congress leads bandh nationwide
10 Sep 2018
On Sunday, the price of petrol in Mumbai soared to Rs87.89 a litre, edging close to Rs88 a litre after oil marketing companies raised prices by 12 paise per litre
Petrol sells at Rs87 a litre in Mumbai, diesel at Rs75.74
04 Sep 2018
Petroleum minister blamed external factors and the rising dollar for the price spike even as he decided not to mention the current levies on crude and the demand to bring auto fuels under GST
Ahead of 2+2, India’s oil imports from US soar as Iran oil keeps flowing
04 Sep 2018
Reports quoting government officials said the US trade deficit with India had been brought down by over $1 billion last year and India will also be importing oil worth $2.5 billion from the US this year, as part of its efforts
Explosion, fire hit Germany's Vohburg refinery
01 Sep 2018
Vedanta to invest $8 bn in aluminium, zinc, lead and crude oil projects
25 Aug 2018
Anil Agarwal-led Vedanta Resources plans to invest $2.3 bn to increase crude oil reserve base by 375 million barrels as part of the expansion programme
China shifts to Iranian tankers to keep oil flowing amid US sanctions
21 Aug 2018
China, Iran’s biggest oil customer, wants to keep buying Iranian crude even as the United States is trying to halt Iranian oil exports to curb its influence in the Middle East
China gets Iranian oil on Persian tankers
21 Aug 2018
Water use for fracking has risen by up to 770% since 2011
17 Aug 2018
The volume of wastewater new wells generate during their first year of production has also increased -- by up to 1,440 per cent
Adani Gas wins licence to sell CNG, piped cooking gas in 13 cities and nine in JV with IOC
13 Aug 2018
HPCL refuses to recognise ONGC as promoter
10 Aug 2018
Petroleum minister Dharmendra Pradhan today clarified that ONGC with 51.11-per cent stake in the refiner is the new promoter of HPCL, after the company’s CMD Mukesh Kumar Surana refused to recognise the majority shareholder as HPCL’s promoter
RIL wins arbitration against government’s $1.7-bn gas siphoning claim
01 Aug 2018
The arbitration panel held that the RIL consortium is entitled to produce all the gas from its contract area and that there is no basis for any claim of siphoning of gas as claimed by ONGC and the government of India
RIL April-June net rises 7.6% to Rs8,820 cr
28 Jul 2018
RIL’s revenues were up in April-June helped by strong performance in the petrochem sector, where realisations were up 24 per cent, and strong performance of telecom arm Jio
India’s oil imports from Iran spike ahead of US sanctions
24 Jul 2018
Iran has now displaced Saudi Arabia as India’s No. 2 oil supplier after Iraq, as state-run refiners bought more oil from it ahead of the US-imposed embargo that comes into effect in November
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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