Oil & gas
Qatar to quit Opec in January, to focus on gas exports
04 Dec 2018
Qatar, the world’s largest exporter of liquified natural gas, plans to increase gas exports from 77 million tonnes per year to 110 million tonnes, while also raising its oil production from 4.8 million barrels to 6.5 million barrels
Gas distribution to cover 70% of population in 2-3 years: Modi
23 Nov 2018
Modi said work on city gas distribution network is underway in 65 geographical areas in 129 districts under the ninth round of CGD bidding while the tenth CGD bidding round will cover in 50 GAs spread over 124 districts in 14 states
GAIL, Getco seek rejection of ArcelorMittal’s Essar Steel bid
20 Nov 2018
Essar Steel Asia Holding Ltd, the promoter of Essar Steel, had proposed to pay Rs54,389 crore that would cover all dues of the financial and operational creditors
RIL looking to raise refining capacity to 30 million tonnes: report
19 Nov 2018
The new plant, expected to come up alongside the Jamnagar complex, is estimated to cost $10 billion (Rs71,600 crore at current exchange rate)
Petrol price down Rs7.29 per litre in one month
19 Nov 2018
US grants Iran oil sanctions waiver to India, 7 other countries: report
02 Nov 2018
Brent crude, which was trading at $74.51 per barrel on Thursday, was trading lower at $72.79 per barrel today, as the number of waivers granted took the wind out of the sanctions
