Oil & gas
KG-D6 gas pricing cannot be arbitrated, govt tells SC
14 Apr 2015
With the hardening of the government's stance, RIL and its foreign partners may thus find it tough to proceed with the arbitration over non-revision of domestically produced natural gas prices from the KG-D6 block off the east coast
ONGC, OIL and BPCL to invest $6 bn to develop Mozambique offshore gas field
14 Apr 2015
State-run oil companies ONGC, OIL and BPCL will invest $6 billion over the next four years in developing a Mozambique offshore gas field
The global oil price drop may last for the next couple decades, says Stanford economist
08 Apr 2015
Stanford economist Frank Wolak says the drop in oil prices and demand reflects heightened energy production in North America, better technologies and the declining market power of the OPEC countries
Shell to buy Britain’s BG Group for $69.6 bn
08 Apr 2015
A deal between the two energy companies comes amid the recent collapse in global oil prices and BG’s record $5-billion loss in the fourth quarter
