Oil & gas
Oil surplus rises to record 3 bn barrels
16 Nov 2015
Oil inventory held by developed nations rose to a record 3 billion barrels in September, and is likely to continue into coming months, keeping the downward pressure on prices
Niko Resources opts out of NEC-25 gas block
14 Nov 2015
Niko's 10-per cent stake will be split between RIL and BP in proportion to their equity stake
Petrol excise hiked by Rsd1.60, diesel by 40p
07 Nov 2015
President Obama rejects Keystone XL pipeline proposal
07 Nov 2015
President Obama cited new data to reject the Keystone XL pipeline, saying the US now produced more oil than it imported
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