Oil & gas
Qatar halves gas price, waives India’s Rs12,000-cr liability
02 Jan 2016
The new gas pricing formula, which is linked to the price of European benchmark Brent crude, would entail a saving of Rs4,700 crore annually for the fertiliser industry alone, the biggest consumer of liquid gas
Essar Oil completes Rs3,745-crore dilisting
31 Dec 2015
Saudi Arabia sees $138-bn budget deficit for 2015 as oil plummets
29 Dec 2015
Saudi Arabia, the world's top oil exporter, is running a record budget deficit for 2015 as low oil prices dented state revenues
