Oil & gas
French oil company, Total's CEO Christophe de Margerie dies in air crash
21 Oct 2014
The CEO of French oil company Total, Christophe de Margerie, died after a private jet crashed at a Moscow airport yesterday
Govt raises price of domestic natural gas to $5.61 per mmBtu
19 Oct 2014
Since the current price of $4.2 per mmBtu is on net calorific value (NCV) basis, the actual coast to the buyer based on gross calorific value (GCV) basis under the revised formula would be 10 per cent more, which works out to $6.17 per mmBtu
Govt deregulates diesel, retail price down Rs3.37 per litre
18 Oct 2014
While deregulation at a time when diesel sales have been bringing in profits for state-run oil marketing companies could be seen as a wise move, it could start hurting the government as prices could go up anytime and it would not be able to intervene to tame inflation
India to pay Iran $900 mn in oil dues in 2 tranches
18 Oct 2014
Iran’s share of total Indian oil imports was about 7 per cent in the first nine months of this year compared with 4.9 per cent last year
