Oil & gas
Fluid injection's role in man-made earthquakes revealed
15 Jun 2015
For the first time, researchers in the United States and France have observed how fluid injection sets off microearthquakes on a sizable, subterranean fault
Vedanta annexes Cairn India in $2.3-bn all-stock deal
15 Jun 2015
The merger will help debt-laden Vedanta to use debt-free Cairn India’s cash reserves of over Rs16,800 crore to part pay its Rs37,636 crore debt
RIL all set to roll out 4G services in December
12 Jun 2015
Reliance Jio has applied for a pan-India cable television multi-system operator licence and plans to enter into broadcast TV distribution, Ambani said
Hess Corp sells half of Bakken midstream assets for $2.68 bn
12 Jun 2015
Hess intends to use the sale proceeds to strengthen its balance sheet in the volatile oil price environment for future growth and share buybacks
US topples Saudi Arabia as biggest oil producer in 2014
10 Jun 2015
The United States emerged as the world's biggest oil producer in 2014 with estimated production of 11.6 million barrels of oil per day, toppling Opec major Saudi Arabia's 11.5 mbpd
ONGC to invest over Rs41,000 crore in new fields
08 Jun 2015
State-owned ONGC plans to invest around Rs41,678 crore over the next 20 years to bring into production newer oil and gas fields and redevelop ageing fields
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