Oil & gas
Govt to ease subsidy burden on ONGC, OIL, GAIL
04 Feb 2015
BP writes down value of KG-D6 stake over pricing issues
04 Feb 2015
British explorer BP Plc has written down the value of its investment in the eastern offshore Krishna-Godavari D6 block by $790 million, besides another $830 million in impairment charges, following lower-than-expected gas price hike
Govt may do away with LPG subsidy for high-income groups
03 Feb 2015
The government is considering doing away with the LPG subsidy for consumers in the top income bracket
Shell to end North Sea oil production
03 Feb 2015
Removing redundant platforms and pipelines, and plugging spent oil wells in the North Sea will be one of the most challenging decommissioning projects in the world
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
