Oil & gas
Oil prices to stay low, India to fuel demand: IAE
15 Apr 2016
Oil has collapsed since mid-2014 to as low as $27 per barrel, from as high as $115, due to booming Opec and US supplies
Reliance, BG to transfer some assets of PMT JV to ONGC
13 Apr 2016
The development could help speed up development of ONGC’s Daman and C-26 cluster projects by three years
India eyes $20-bn investment in Iran’s Chabahar port, SEZ
11 Apr 2016
Indian oil companies are looking to invest up to $20 billion in the development of Iran's Chabahar port as they seek overseas expansion
Govt lets oil PSUs evolve crude import policy
06 Apr 2016
The union cabinet chaired by Prime Minister Narendra Modi today gave its approval to replace the existing policy on crude oil import by oil PSUs and vest the oil PSUs with the power to evolve their own policies
US judge approves BP's $20-bn Gulf spill settlement
05 Apr 2016
A US federal judge granted final approval to the settlement over the 2010 Gulf of Mexico oil spill, which will cost BP an estimated $20.8 billion, making it the biggest environmental settlement in US history
