oil and gas

Sensex closes 41 points lower, oil and gas, IT stocks down (Second Lead)


September 18th, 2012 - 5:25 pm ICT by IANS
Mumbai, Sep 18 (IANS) A benchmark index of Indian equities markets closed 41 points down Tuesday due to selling pressure in oil and gas, IT and healthcare stocks.The 30-scrip sensitive ... Read more...

Posted in Business |

Gunmen execute 10 road workers in southwest Pakistan


September 15th, 2012 - 3:54 am ICT by BNO News
QUETTA, PAKISTAN (BNO NEWS) -- A group of gunmen attacked workers along a road in southwestern Pakistan on Thursday before executing ten of them, police said on Friday. A previously unknown militant ... Read more...

Posted in South Asia |

Sensex closes flat, FMCG, PSU stocks up (Second Lead)


September 13th, 2012 - 5:50 pm ICT by IANS
Mumbai, Sep 13 (IANS) A benchmark index of Indian equities markets closed flat Thursday while keeping to the 18,000-mark level reached a day before.The 30-scrip sensitive index (Sensex) of ... Read more...

Posted in Business |

Russia to increase energy exports to Asia-Pacific


September 4th, 2012 - 10:34 am ICT by IANS
Moscow , Sep 4 (IANS/RIA Novosti) Russia would increase exports of oil and natural gas to the Asia-Pacific to counterbalance instability in supplies from the Middle East, according to an ... Read more...

Posted in South Asia |

Argentine oil firm looks to attract investors


August 31st, 2012 - 1:26 pm ICT by IANS
Buenos Aires, Aug 31 (IANS/EFE) The CEO of Argentine state-run oil firm YPF has expressed confidence in the company's future and urged multinational corporations to come on board as partners ... Read more...

Posted in Business |

Sensex drops 100 points; ONGC, Bajaj Auto slump


August 29th, 2012 - 4:09 pm ICT by IANS
Mumbai, Aug 29 (IANS) Indian equities markets were under pressure for the fourth consecutive session Wednesday with benchmark Sensex trading nearly 100 points down in the afternoon session.The 30-scrip ... Read more...

Posted in Business |

JSPL begins commercial production at Odisha plant


August 28th, 2012 - 6:18 pm ICT by IANS
Bhubaneswar, Aug 28 (IANS) Jindal Steel and Power Ltd (JSPL) Tuesday began commercial production at its wide plate mill in Odisha, a senior company official said.The two million tonne per ... Read more...

Posted in Business |

Brazilian firm makes deepwater oil find


August 27th, 2012 - 11:18 am ICT by IANS
Rio de Janeiro, Aug 27 (IANS/EFE) Oil and gas have been found in a deepwater basin in the Atlantic, Brazilian state-controlled oil giant Petrobras said.Tests confirmed the presence of petroleum ... Read more...

Posted in Business |

Brazil importing Spanish defence technology


August 24th, 2012 - 12:09 pm ICT by IANS
Sao Paulo, Aug 24 (IANS/EFE) Brazil has begun to import Spanish defence training technology, a media report said Thursday.Simulators from Tecnobit, S.L., will be installed in Brazil at two training ... Read more...

Posted in Business |

Sensex closes flat, oil and gas, auto stocks down (Second Lead)


August 23rd, 2012 - 5:31 pm ICT by IANS
Mumbai, Aug 23 (IANS) A benchmark index of Indian equities markets closed flat Thursday after oil and gas, auto and capital goods stocks came under intense selling pressure.The 30-scrip ... Read more...

Posted in Business |

11,000 km of LNG pipelines laid so far


August 21st, 2012 - 9:28 pm ICT by IANS
New Delhi, August 21 (IANS) More than 11,000 km of cross-country gas pipelines have been laid for connecting the consumption centres, Minister of State for Petroleum R.P.N. Singh said Tuesday."Another ... Read more...

Posted in Business |

India has not withdrawn from Vietnamese oil block: Minister


August 18th, 2012 - 6:15 pm ICT by IANS
New Delhi, Aug 18 (IANS) India has not withdrawn from oil and gas exploration in a block in the South China Sea where China claims territorial rights over blocks originally ... Read more...

Posted in Business |

Colombian firm makes oil find


August 17th, 2012 - 11:50 am ICT by IANS
Bogota, Aug 17 (IANS/EFE) Colombia's Ecopetrol and two US joint venture partners have discovered oil and gas at a deep-water well in the US Gulf of Mexico, the Bogota-based firm ... Read more...

Posted in Business |

Sensex closes almost 95 points up (Second Lead)


August 14th, 2012 - 5:35 pm ICT by IANS
Mumbai, Aug 14 (IANS) A benchmark index of Indian equities markets Tuesday closed almost 95 points higher.The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened ... Read more...

Posted in Business |

ONGC reports Q1 net profit of Rs.6,078 crore


August 11th, 2012 - 10:29 pm ICT by IANS
New Delhi, August 11 (IANS) Public sector oil and gas producer ONGC Saturday reported a net profit growth of 48.4 percent at Rs.6,078 crore for the quarter ending June 30, ... Read more...

Posted in Business |

Sensex closes 193 points up (Second Lead)


August 6th, 2012 - 5:40 pm ICT by IANS
Mumbai, Aug 6 (IANS) A benchmark index of Indian equities markets closed almost 193 points up Monday led by good buying spree in oil and gas, auto and banking ... Read more...

Posted in Business |

India re-evaluating Vietnam oil block in South China Sea


August 3rd, 2012 - 8:50 pm ICT by IANS
New Delhi, Aug 3 (IANS) Unfazed by China's objections, India is re-evaluating a Vietnamese offer for oil exploration in the South China Sea and will go ahead if ONGC Videsh ... Read more...

Posted in Business |

Sensex closes 35 points down (Second Lead)


August 2nd, 2012 - 5:30 pm ICT by IANS
Mumbai, Aug 2 (IANS) A benchmark index of Indian equities markets Thursday closed 35 points lower in volatile trade.The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), ... Read more...

Posted in Business |

China to react if India seeks oil in South China Sea


August 1st, 2012 - 4:33 pm ICT by IANS
Beijing, Aug 1 (IANS) India and Vietnam should be given a "strong response" if they insist on exploring oil and gas in waters claimed by China, a Chinese newspaper has ... Read more...

Posted in World |

Australian universities woo students from India


July 31st, 2012 - 5:24 pm ICT by IANS
New Delhi, July 31 (IANS) Promising quality education and bright job prospects, 18 educational institutes from Australia are touring six cities of India as part of an "education fair".According to ... Read more...

Posted in Uncategorized |

Russia’s Gazprom world’s most profitable firm in 2011


July 31st, 2012 - 9:56 am ICT by IANS
Moscow, July 31 (IANS/RIA Novosti) Russian energy giant Gazprom overtook US-based energy major ExxonMobil in 2011 to become the world's most profitable company, according to the latest edition of Forbes ... Read more...

Posted in World |

Free LPG to 25,000 BPL families in Bihar


July 25th, 2012 - 7:11 pm ICT by IANS
Patna, July 25 (IANS) As many as 25,000 families living below the poverty line in Bihar will get free LPG connections, a minister said Wednesday.Minister for Food and Consumer Protection ... Read more...

Posted in Business |

India, Indonesia to hold talks


July 24th, 2012 - 9:58 pm ICT by IANS
New Delhi, July 24 (IANS) India and Indonesia, founders of the Non-Aligned Movement and two of the world's fastest growing economies, will hold talks later this week to accelerate economic ... Read more...

Posted in Uncategorized |

Sensex closes 43 points high (Second lead)


July 24th, 2012 - 5:30 pm ICT by IANS
Mumbai, July 24 (IANS) A benchmark index of Indian equities markets closed 43 points higher in choppy trade Tuesday. FMCG, consumer durables, and oil and gas stocks were the ... Read more...

Posted in Business |

ONGC to start drilling in Bihar from August


July 21st, 2012 - 3:40 pm ICT by IANS
Patna, July 21 (IANS) State-owned ONGC will start drilling from August at two locations in Bihar's Kishanganj district to look for oil and natural gas, officials said Saturday.An official in ... Read more...

Posted in Business |

Sensex down 82 points as bank, oil and gas stocks tumble


July 20th, 2012 - 2:50 pm ICT by IANS
Mumbai, July 20 (IANS) A benchmark index of Indian equities markets was trading 82 points down in afternoon session Friday after banking, oil and gas and capital ... Read more...

Posted in Business |

Chevron faces $25 mn fine for Brazil oil spill


July 20th, 2012 - 12:46 pm ICT by IANS
Rio de Janeiro, July 20 (IANS/EFE) Brazil's National Petroleum Agency said Thursday that Chevron Corp. will be fined nearly 50 million reais ($24.7 million) for an oil leak at an ... Read more...

Posted in Business |

Government to set up board for project clearance


July 19th, 2012 - 6:42 pm ICT by IANS
New Delhi, July 19 (IANS) The government will soon set up a board to review and give one-time clearance for projects, including security clearance, the Prime Minister's Office said Thursday.The ... Read more...

Posted in Business |

Sensex closes 87 points up (Second Lead)


July 19th, 2012 - 5:23 pm ICT by IANS
Mumbai, July 19 (IANS) A benchmark index of Indian equities markets closed 87 points higher Thursday on firm global cues and good buying in IT, consumer durables, and oil ... Read more...

Posted in Business |

Myanmar invites foreign firms to explore oil, gas


July 19th, 2012 - 12:38 pm ICT by IANS
Yangon, July 19 (IANS) Myanmar, which has vast reserves of oil and gas, is inviting foreign firms to explore them in 23 offshore blocks.US and European companies may accept the ... Read more...

Posted in South Asia |

20 dead, nearly 200 wounded in Kabul fire


July 5th, 2012 - 9:35 pm ICT by IANS
Kabul, July 5 (IANS) At least 20 people died and more than 180 others were injured in two deadly fires in the Afghan capital, the authorities said Thursday.A huge fire ... Read more...

Posted in South Asia |

Committee invites stakeholders’ views on oil and gas output sharing contracts


July 3rd, 2012 - 5:34 pm ICT by IANS
New Delhi, July 3 (IANS) A panel headed by the Prime Minister's Economic Advisory Council chairman C. Rangarajan Tuesday invited stakeholders' views on formulating future production sharing contracts (PSCs) in ... Read more...

Posted in Business |

Canada’s economy grows slightly


June 30th, 2012 - 2:25 pm ICT by IANS
Vancouver, June 30 (IANS) Canada's real gross domestic product grew 0.3 percent in April, after edging up 0.1 percent in March, according to official statistics.Most of the increase was attributed ... Read more...

Posted in Business |

Earth’s oldest crater found in Greenland


June 29th, 2012 - 2:00 pm ICT by IANS
London, June 29 (IANS) Geo-scientists have stumbled upon a vast, 100 km-wide crater in Greenland resulting from a massive asteroid hit a billion years before any other known collision on ... Read more...

Posted in World |

Sensex down 19 points; auto, oil and gas stocks fall (Lead)


June 28th, 2012 - 4:31 pm ICT by IANS
New Delhi, June 28 (IANS) A benchmark index for Indian equities markets was trading 19 points down Thursday. Automobile, oil and gas and banking stocks were among the underperformers.The ... Read more...

Posted in Business |

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