Oil & gas
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
Shell affiliates in US pay $900,000 to EPA to settle violations of vehicle fuel standards
21 Jan 2015
BHP Billiton cuts oil and gas spending as oil prices plunge
21 Jan 2015
The company said it would cut oil exploration by 20 per cent to $600 million in 2015
Govt further hikes duty on petrol, diesel as OMCs cut prices
16 Jan 2015
But for the excise duty hike, the retail prices of petrol and diesel would have come down by Rs2 per litre
Schlumberger cuts 9,000 jobs to tackle industry downturn
16 Jan 2015
The world’s biggest oilfield-services company, Schlumberger, has cut 9,000 jobs after crude prices plummet
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