 | Diesel prices will also be decontrolled: PM |
Prime Minister Manmohan Singh on Tuesday said that diesel prices too will be freed from government control as part of "much-needed reforms" but LPG... |
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| ONGC to sign 17 new oil and gas block contracts |
NEW DELHI: State-owned Oil and Natural Gas Corporation (ONGC) and its' partners will on Wednesday sign contracts for half of 34 oil and gas blocks ... |
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| 'Access code key to fair use of gas pipelines' |
Framing an access code that enables transparent access to gas pipelines would lay the foundation for competitive gas pricing in the country, accord... |
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| Govt to lift diesel price subsidies despite protests |
NEW DELHI: Prime Minister Manmohan Singh said on Tuesday the government would end controls on diesel prices, signalling his resolve to push reforms... |
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| Essar's Raniganj block to start gas supply from July |
Ruias-promoted Essar Group will commence supply of natural gas from its coal-bed methane (CBM) block in Raniganj by next month as soon as the ... |
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| Punjab, Haryana to earn Rs 200 crore more on fuel tax after hike |
The recent hike in fuel prices might be burning a hole in the common man's pocket, but Punjab and Haryana expect to increase their revenue collecti... |
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| GSPC plans 2nd pvt placement at less than Rs81/share |
Ahmedabad: The state-owned Gujarat State Petroleum Corporation Ltd (GSPC) is likely to launch a second round of private placement of shares, while ... |
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| Aban close to deploying drill ship Abraham |
Mumbai: Aban Offshore is likely to deploy its drill ship Aban Abraham with Brunei Shell Petroleum for a three-year contract at a day rate in the ra... |
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| Investors urge safeguards on U.S. shale gas drilling |
PHILADELPHIA - Concern about the safety of drilling for natural gas in shale formations is leading investors to demand assurances from energy ... |
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| OPEC June oil output falls -Reuters survey |
LONDON - OPEC crude oil supply has fallen in June from the 17-month high reached in May because of lower supplies from Iraq, Angola and Nigeri... |
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| Exxon, Shell may consider bid for BP |
AMSTERDAM: Exxon Mobil Corp. and Royal Dutch Shell Plc may consider bidding for BP Plc after the London-based oil company lost more than half of it... |
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| Iraq approves gas deal with Shell |
Iraq has approved a multibillion-dollar joint venture deal with Royal Dutch Shell PLC to tap associated natural gas in the south of the country. Ac... |
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| Kuwait oil barrel up by USD 1.3 to reach USD 73.55 |
KUWAIT -- The price of the Kuwaiti barrel of oil rose by USD 1.3 on Monday's dealings in comparison to a day earlier, to settle at USD 73.55 per ba... |
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| PHILIPINES : Decision time: To continue refining crude oil or not? |
The new administration should decide whether the country would continue refining crude oil or just import all its requirements for finished oil pro... |
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| Iran: US oil spill to increase oil prices |
Iran's envoy to the Organization of Petroleum Exporting Countries says the Gulf of Mexico oil spill will likely lead to a rise in global oil prices... |
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| Oil Falls a Third Day on Concerns Over China, U.S. Economies |
Oil dropped for a third day on concern over weakening economic growth in China and as confidence declined more than forecast among consumers in the... |
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