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BPCL to invest Rs13,000 crore in Mozambique, Brazil upstream business
Sat, Sep 20 2014. 12 55 AM

BPCL to invest Rs13,000 crore in Mozambique, Brazil upstream business

The planned investment is twice the amount the firm has spent in exploration and production activity in the last 10 years
India’s 10-year bond hits new 11-month high; borrowing calendar awaited
Fri, Sep 19 2014. 05 46 PM

India’s 10-year bond hits new 11-month high; borrowing calendar awaited

The 10-year bond yield hit 8.44% in early trade, its lowest level since 11 Oct 2013, before ending flat at 8.45%
Opec supply risks grow as biggest Libyan oilfield halted
Thu, Sep 18 2014. 07 28 PM

Opec supply risks grow as biggest Libyan oilfield halted

Libya halted the Sharara oilfield as a precaution after a rocket attack on the connected Zawiya refinery three days ago
India ships in 50% more Iranian oil in January-August
Thu, Sep 18 2014. 12 59 PM

India ships in 50% more Iranian oil in January-August

India shipped in 2,73,500 bpd of Iranian oil in August, up 30% from the previous month and about 81% higher than a year ago
Cairn India: the odd man out
Thu, Sep 18 2014. 01 02 AM

Cairn India: the odd man out

The company’s price realizations typically follow the trend in the crude price movement
Asian shares mostly up on China bank report
Wed, Sep 17 2014. 04 41 PM

Asian shares mostly up on China bank report

Shanghai ended 0.49%, higher, Hong Kong jumped 1%, Seoul rose 0.96%, Tokyo finished 0.14% lower, while Sydney closed down 0.70%
Cairn India makes 3 new discoveries in Rajasthan
Wed, Sep 17 2014. 02 12 PM

Cairn India makes 3 new discoveries in Rajasthan

Cairn India says the three discoveries are primarily of crude oil and takes its total number of discoveries to 36 in the onshore block
Barmer block may turn out to be  ONGC’s most profitable venture
Wed, Sep 17 2014. 12 40 AM

Barmer block may turn out to be ONGC’s most profitable venture

Cost of production at Barmer is much lower than that at the ageing, deep sea field of Mumbai High
US stocks rise as bonds fluctuate amid Fed; Europe shares drop
Tue, Sep 16 2014. 08 23 PM

US stocks rise as bonds fluctuate amid Fed; Europe shares drop

The S&P 500 Index rose 0.2% in New York, while the Stoxx Europe 600 dropped 0.4%
Brent crude oil above $98, Opec supply comments offset concern over demand
Tue, Sep 16 2014. 07 49 PM

Brent crude oil above $98, Opec supply comments offset concern over demand

Abdallah El-Badri says he expects the Opec to lower its oil output target to 29.5 million bpd from 30 million bpd when it meets next in late Nov

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