Oil & gas
Petrol prices slashed by Rs3 per litre
30 Apr 2013
The Rs3 per lire reduction in petrol prices is based on the retail price of petrol in Delhi and it may vary depending on the proportionate reductions in local taxes elsewhere
Oil price dip to save govt Rs50,000 cr in subsidies: Crisil
17 Apr 2013
The recent decline in crude oil prices would help the government to cut fiscal deficit by Rs40,000-50,000 crore, according to estimates by ratings agency Crisil.
Kazakhstan may edge out ONGC to hand over Kashagan oilfield to China
By By Ravi Kunder | 16 Apr 2013
Kazakhstan could edge out ONGC from its largest foreign acquisition — ConocoPhillips 8.4-per cent stake in the giant Kashagan oilfield — only to sell it to a Chinese state-owned giant, reports Ravi Kunder
