Oil & gas
Total acquires 37.4% in Adani Gas for Rs5,662cr
14 Oct 2019
Total is acquiring 37.4 per cent in Adani Gas Limited, in which Adani holds 74.8 per cent and also 50 per cent stake each in two import and regasification LNG terminals - at Dhamra in east India and potentially Mundra in the west
Govt may sell most of its stake in BPCL: report
07 Oct 2019
With an annual refining capacity of 34 million tonnes and about 25 per cent share of India's fuel market, BPCL is an attractive buy for companies like RIL-BP, Saudi Aramco, Total SA and several others looking to enter the world's fastest-growing fuel retail market
Petronet signs $2.5 billion deal with Tellurian for 5 million tonnes LNG
23 Sep 2019
Petronet signed an MoU with the US natural gas company for sourcing up to 5 million tonnes of LNG through equity investment in the latter’s Driftwood project
Tata Motors unveils futuristic `Ziptron’ electric mobility technology
20 Sep 2019
The state-of-the-art electric vehicle technology with class-leading power and performance will set a new benchmark in the EV industry, says Tata Motors
Oil surges as drone attack on Saudi Aramco plant jams supplies
16 Sep 2019
Saudi Aramco is one of the main suppliers to Mukesh Ambani’s Reliance Industries, India’s biggest private refining-cum-petrochemical player, and a key supplier to public sector oil refiners such as Indian Oil Corporation
Russia’s Novatek, Petronet LNG to team up for gas projects in India
05 Sep 2019
India’s ministry of shipping and Russia’s ministry of transport also signed a memorandum of intent on the development of maritime communications between the Port of Chennai and the Russian Port of Vladivostok as part of developing a new shipping corridor between India and Russia
Saudi Aramco to buy 20% in RIL's oil-to-chemical business for $75 bn
12 Aug 2019
Saudi Aramco will supply 500,00 barrels of crude oil a day to RIL's Jamnagar refinery under the long-term partnership
Reliance, BP expand partnership with JV fuel service stations
06 Aug 2019
Building on Reliance's existing Indian fuel retailing network and an aviation fuel business, the partners expect the venture to expand rapidly to create at least 5,500 fuel retail outlets across India over the next five years
RIL reports Rs9,036-cr Q1 net profit on revenues of Rs172,956 cr
22 Jul 2019
RIL’s refining revenues, however, declined by 3.0 per cent to Rs96,384 crore ($14.0 billion) with exports falling by 4.5 per cent to Rs50,158 crore ($7.3 billion)
Govt’s petro sector revenues up 79% at Rs595,438-cr in 4 years
16 Jul 2019
The combined profits of the three PSU oil companies increased by nearly 30 per cent to Rs30,055 crore in 2018-19, from 13,091 crore in 2014-15
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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