Commodity stocks from BHP Billiton to Cnooc tumbled while Brent crude fell below $45 a barrel for the first time since 2009
2 min read24 Aug 2015A slowing economy, delayed land acquisition and fuel shortages have plagued the industry, which has dragged down the capital goods sector with it as orders for equipment dry up
4 min read4 Jul 2014Lightning offensive led by ISIL jihadists means anticipated modernization of Iraq's major southern oil fields is looking slimmer by the day
4 min read22 Jun 2014Nexen said its shareholders would receive $27.50 in cash for each Nexen share
3 min read26 Feb 2013Nexen did not indicate in its statement whether US regulators had imposed conditions on the approval
1 min read12 Feb 2013Officials blame protests in Tamil Nadu for delay; Lankan embassy points to technical issues
3 min read12 Oct 2012Essar plans to explore coal bed methane gas overseas
3 min read27 Sep 2011PetroChina pays $5.4 bn for Canadian gas assets
3 min read10 Feb 2011OVL’s Angola bid may face boundary dispute risk
3 min read31 Jan 2011BP to sell Pan American stake to Bridas for $7 billion
1 min read28 Nov 2010The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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