Oil & gas

Kinder Morgan is set to acquire Texas pipelines from NextEra Energy Partners in a $1.82 billion deal
07 Nov 2023
Kinder Morgan, a U.S. gas pipeline operator, stated that it would acquire NextEra Energy Partners gas pipelines in South Texas. This statement was announced on Monday, 6 November 2023. The deal is said to be worth $1.82 billion.

Metropolitan LPG cylinder prices surge by Rs 100 for 19-Kg commercial cylinders – stay updated on current rates
01 Nov 2023
Indian state-backed oil marketing companies, or OMCs, have increased the price of their 19-kg commercial liquefied petroleum gas (LPG) cylinders by about Rs 100.

World Bank warns Middle East conflict could trigger global commodity and oil price surge
31 Oct 2023
The World Bank has sounded the alarm, cautioning that the ongoing conflict between Israel and HAMAS in the Middle East has the potential to significantly

Oil price soars as concerns over supply creep in amid Israel-Hamas conflict
11 Oct 2023
The price of oil rose higher on Wednesday, 11 October, with investors concerned about supply disruptions due to the Israel-Hamas conflict.
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Oil prices shot up to $89 a barrel amid the Israel-Hamas conflict
09 Oct 2023
Oil prices rose up to $89 a barrel in Asian trade on Monday, 9 October, amid intense military clashes between Israel
India, US, Brazil join to spearhead Global Biofuels Alliance
10 Sep 2023
In yet another big deal for India, which is the current president of the G20, the summit in New Delhi announced the formation of a Global Biofuels Alliance.
PSUs to produce more than 1 million tonnes of green hydrogen by 2030: Hardeep Singh Puri
11 Jul 2023
RIL-bp starts production at third deepwater field in KG D6 block
10 Jul 2023
At its peak, the three fields in the KG D6 block will together produce around 30 million standard cubic metres of gas a day (1 billion cubic feet a day), amounting to a third of India’s current domestic gas production
Piramal Realty partners with Jio-bp for installation of EV charging stations across residential projects
04 Apr 2023
Jio-bp introduces E20 blended petrol
15 Feb 2023
BP to buy US biogas producer Archaea for $4.1 bn
28 Oct 2022
The addition of Archaea’s production and pipeline has the potential to take BP’s biogas supply volumes to around 70,000 boe/d globally by 2030
RIL Q2 net almost static at Rs15,512 cr
25 Oct 2022
Reliance Industries’ standalone net profit declined by 25.1 per cent to Rs6,915 crore for the quarter ended 30 September 2022 even as Jio Platforms, a subsidiary of RIL, reported a 26.9 per cent increase in consolidated net profit at Rs4,729 crore
German govt may invest up to $9.4 bn to bail out Uniper
08 Jul 2022
German gas giant Uniper, the country's largest buyer of Russian gas, has been done down by the government’s own denial of gas imports from Russia
L&T wins two major offshore contracts overseas
28 Jun 2022
Featured articles

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