Oil & gas
Reliance net vaults 25% to Rs9,423 cr as Jio swings to profit
20 Jan 2018
Reliance Jio Infocomm Ltd has reported a net profit of Rs504 crore for the October-December 2017-18 quarter against a loss of Rs271 crore in the previous quarter
GST Council meeting may try to douse the fuel price fire
17 Jan 2018
The BJP-led government has cut excise duty only once during its tenure-but raised it nine times between November 2014 and January 2016, and there is a case for lowering the central levy before states reduce the VAT on fuels
ONGC copter with 7 aboard crashes off Mumbai coast, 4 bodies recovered
13 Jan 2018
Four bodies, including those of two senior ONGC officials, have been recovered so far, while seven, including two pilots, were on-board
Petrobras agrees to pay $2.95 bn to settle US class action
04 Jan 2018
In the biggest such payout in the US by a foreign entity, Brazil’s Petroleo Brasileiro has agreed to pay $2.95 billion to American investors in the Carwash scandal
Russian gas meant to ‘keep UK from freezing’ may be heading for India
30 Dec 2017
The first-ever shipment of Russian gas to the UK, may finally end up in Asia and India, where gas prices are higher — belying Moscow’s claims that Britain will be reliant on it for supplies this winter
