Oil & gas
Aviation fuel price slashed over 11 per cent, to cost less than diesel
02 Feb 2015
The reduction in ATF price to Rs46.51 per litre, which has now become 10 per cent cheaper compared to diesel, brings some relief to airlines struggling with high operating costs
Shell announces $15-bn spending cuts as low oil prices bite
30 Jan 2015
The company said that it would defer spending in many areas, exit selective growth positions, and drive costs down in the supply chain
Oil could hit $200 a barrel if investments drop, says Opec’s El-Badri
27 Jan 2015
His comments pushed up the price of Brent crude for March 0.3 per cent to $48.95 a barrel on London’s ICE Futures while US benchmark WTI climbed as much as 2.7 per cent
An oil price rebound? Not so fast
27 Jan 2015
The real reason for the oil price collapse is probably that the market has now realised that prices were previously propped up on premises that are less valid now. When majority of the market participants accepted that, prices had only one way to go — down. By Shivshanker Verma
Govt-RIL dispute over Panna-Mukta ‘tax evasion’ intensifies
22 Jan 2015
The government alleges that RIL is guilty of furnishing financial statements different from audited accounts, which is tantamount to massive tax evasion
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