Oil & gas
GST Council cuts tax rates for oil and gas firms
13 Oct 2017
India, Japan plan LNG trading platform to make import deals flexible
12 Oct 2017
The MoC will promote India-Japan cooperation in the energy sector while also contributing to the diversification of gas supplies, leading to competitive prices for consumers and strengthening India’s energy security
Modi hints at further reforms in energy sector
10 Oct 2017
RIL sells US shale asset at $126 mn after buying it for $392 mn
07 Oct 2017
The US shale market has become highly competitive and companies have cut costs to stay afloat after a slump in crude oil and gas prices
Glencore to buy Chevron’s S African, Botswanaian assets for $973 mn
07 Oct 2017
The assets include a 100,000 barrel-per-day oil refinery in Cape Town, a lubricants plant in Durban, 820 petrol stations and other oil storage facilities and 220 convenience stores across South Africa and Botswana
Russia in $3-bn missile defence deal with Saudi Arabia
06 Oct 2017
Saudi Aramco and Russian oil companies also signed several agreements on oil technology amidst new developments on the energy front that tend to put a squeeze on oil demand
