Oil & gas
Halliburton to admit it destroyed evidence on Gulf of Mexico disaster
26 Jul 2013
The plea agreement arrived yesterday with the US Justice Department (DoJ), comes after the Houston-based company had initially aggressively denied that it was in any way responsible for the oil spill, the largest in US history
Gas export deal with Pakistan in the pipeline, says GAIL
26 Jul 2013
Gail says pipeline exports to Pakistan are viable and should be looked at in the context of India importing gas through the Turkmenistan-Afghanistan-Pakistan-India pipeline
Cairn India to invest $3 bn in new projects
24 Jul 2013
Energy major Cairn India will invest about Rs16,000 crore ($3 billion) in oil and gas exploration activities at its flagship oilfields in Rajasthan, besides other blocks in India.
RIL’s Q1 net rises nearly 19% to Rs5,352 cr; revenue dips
19 Jul 2013
Helped by higher refining margins, RIL’s basic earnings per share for the quarter ended 30 June 2013 rose to Rs16.6 from Rs13.8 in April-June 2012
Govt clears RIL's $1.5-bn KG-D6 capex; Moily sees gas output rising by 2016-17
19 Jul 2013
RIL expects the $1.5 billion investment to push up gas production at the KG-D6 field from the current 19.178 million standard cubic metres per day to 19.781 mscmd by 2016-17
Apache Corp to sell Gulf of Mexico shelf assets to Fieldwood Energy for $3.75 bn
19 Jul 2013
The sale involves one of the company's biggest energy exploration blocks in the Gulf of Mexico, which has produced more oil and gas in the shallow part of this region than any of its competitors.
