Oil & gas
Petrol price cut by Rs2 per litre; diesel price unchanged
15 Mar 2013
In Mumbai, petrol will cost Rs75.14 per litre from midnight tonight against the current Rs77.66 a litre
CNPC acquires Eni's 20 % Mozambique gas stake for $4.2 bn
15 Mar 2013
According to industry analysts, CNPC’s Mozambique acquisition places Chinese companies at the forefront of the development of energy resources in East Africa.
Japan becomes first country to extract iced 'gas'
13 Mar 2013
In a dramatic breakthrough, Japanese researchers have extracted gas from methane hydrates from beneath the sea, for the first time ever, through a technology that could radically change the world's energy outlook
RIL among seven shortlisted for developing Iraqi oilfield
13 Mar 2013
Iraq has shortlisted Reliance Industries Ltd and six other companies for development of its Al-Nassiriya oilfield and construction of an associated 300,000 barrels per day refinery