Oil & gas
RIL Q2 net vaults 13% to Rs8,097 cr as refining margins peak
14 Oct 2017
Gross refining margins of Reliance Industries for the July-September 2017-18 quarter hit a 9-year high of $12 per barrel, which helped the conglomerate offset the Rs271-crore loss at its telecom arm Reliance Jio
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
Saudi Aramco plans unit in India, to open office soon: report
05 Oct 2017
This is part of Saudi Aramco’s strategy of overseas expansion by investing in refineries in major markets to lock in customers as supplies from US start undemining Opec
Petrol, diesel to cost less as centre cuts excise duty by Rs2 per litre
04 Oct 2017
The decision comes after the government increased excise duty on auto fuels nine times since the oil price fall, and state-run oil marketing companies increased petrol prices by Rs7.8 a litre and diesel rates by Rs5.7 a litre since July this year
First US oil shipment arrives at Paradip; comes cheaper than Dubai oil
03 Oct 2017
The first US crude oil cargo of 1.6 million barrels bought by Indian Oil Corporation from the US Gulf Coast refiners has arrived at Paradip Port in Odisha priced $2 per barrel cheaper than the Dubai crude that India often buys
CNG cars in Mumbai region up 320% in five years
27 Sep 2017
British Airways set to turn household rubbish into jet fuel
19 Sep 2017
British Airways has partnered with renewable fuels company Velocys to turn household garbage into jet fuel for its fleet under a ground-breaking plan that would cut around 60,000 tons of carbon emissions every year
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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