Oil & gas
CNPC close to buying Petrobras’ Peruvian assets for over $2 bn
30 Oct 2013
Brazilian state-owned oil giant Petrobras is raising funds for its massive $236-billion exploration and expansion plan, which could allow it to overtake the output of all OPEC members except Saudi Arabia
BHP Billiton surrenders 10 offshore blocks in India for clearance delays
22 Oct 2013
BHP Billiton, the world’s biggest mining company, has surrendered 10 offshore blocks in India due to delays in getting clearances from the defence ministry
UK looks at shale gas as North Sea supplies dwindle
21 Oct 2013
Despite the hostility towards fracking, the UK could emerge as a major hub for shale gas
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