Oil & gas

26 Nov 2014

OPEC looks set for a compromise decision on restricting production and supply of oil, as the OPEC basket of crude fell to a low of $74.28 a barrel

24 Nov 2014

Jindal, which used to own some of these coal blocks scrapped by the Supreme Court, will now have to deposit about Rs3,000 crore with the government by December as a levy for the coal it has dug out from the mines that now stand cancelled

21 Nov 2014

The next important decision India will have to take is whether people like me are entitled to get our LPG subsidy, he said

21 Nov 2014

Houston-based Apache will sell its working interest in approximately 90,000 net acres in mature southern Louisiana fields, which are characterised by high decline rates and short reserve lives

20 Nov 2014

18 Nov 2014

The tax authorities failed to establish that the issue of shares of Rs180 market value at Rs10 per share was intended to avoid paying tax and that the company is liable to pay tax on the income generated out of it

18 Nov 2014

Oil services giant Halliburton will acquire its rival Baker Hughes for about $34.6 billion, leading to a merged entity worth $67 billion

17 Nov 2014

The investment will lead to incremental gain of 7.547 million tonne of crude oil and 3.864 billion cubic meter of gas by 2030

15 Nov 2014

The scheme is designed to ensure that the benefit meant for the genuine domestic customer reaches them directly and is not diverted

14 Nov 2014

US oilfield services providers Halliburton & Co and Baker Hughes Inc are in merger talks in a deal that will value the merged company at around $67 billion