Oil & gas
ONGC stake sale in New Year to fetch govt over Rs14,900 cr
22 Dec 2014
Based on the latest closing price of Rs349.30, the sale of nearly 428 million shares of ONGC could fetch the government about Rs14,940 crore
New York governor Cuomo moves to ban fracking on health concerns
18 Dec 2014
New York state yesterday moved to ban fracking across the state, over environmental and health concerns
Repsol to buy Canada’s Talisman Energy in $13-bn deal
16 Dec 2014
Spanish oil & gas giant Repsol today struck a deal to buy Talisman Energy, Canada's fifth-largest independent oil producer, for $13 billion including $4.7 billion debt
Apache to sell stakes in two international LNG projects to Woodside for $2.75 bn
16 Dec 2014
Continuing with the divestment of its overseas assets, Apache Corp, the second-largest US independent oil and gas producer, yesterday struck a deal to to sell its stakes in two international liquefied-natural-gas projects to Woodside Petroleum
Petrol, diesel prices reduced by Rs2 per litre
16 Dec 2014
This is the eighth straight reduction in petrol prices since August, and the fourth in diesel after its prices were deregulated in October
IEA cuts global oil demand forecast for 2015
13 Dec 2014
Anticipating weaker than expected exports from Russia and other oil exporters, International Energy Agency has trimmed global oil demand growth projections for the fourth time in five months
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