India seeks more oil, gas from Nigeria
India has asked hydrocarbon-rich Nigeria to allocate more oil and gas to India and help it in its energy security efforts.
"India has expressed its interest to procure a portion of the additional req
Oil falls, gold hits record after U.S. downgrade
Gold surged to a record high on Monday and other commodities from oil to grains slid as investors cut riskier assets after the United States lost its top-notch AAA credit rating, creating renewed unce
Kakrapar Atomic Power Station under scanner for radiation
Kakrapar Atomic Power Station (KAPS) in Tapi district of Gujarat has come under the scanner of regulator Atomic Energy Regulatory Board (AERB) for a 'minor incident' of radiation exposure to four work
Reliance Q1 net up 17 pc, gas output down 18 pc
Reliance Industries today said its net profit rose nearly 17 per cent during the quarter ended June 30 as better refining margin and higher yield on its cash deposits offset fall in gas output from it
Cabinet approves $7.2 bln RIL-BP deal
The Cabinet has approved a $7.2 billion deal between Reliance Industries and BP, at a meeting chaired by Prime Minister Manmohan Singh.
Home, Finance and Petroleum Ministries have also backed the de
Andhra Pradesh reveals massive uranium discovery
A new mine in Andhra Pradesh could contain the largest reserves of uranium in the world, a government official said in remarks reported on Tuesday, signalling a major boost for the energy-hungry natio
Diesel price hike sparks protest, bus strike next week
Left parties and BJP today staged demonstrations across Kerala in protest against hike in the prices of diesel and cooking gas while the private bus operators threatened to organise a one-day strike o
Political parties slam UPA on fuel price hike
Flaying the UPA government for the steep hike in fuel price, various political in the region have termed the move as 'anti-people' and demanded an immediate rollback of the increase.
Marching wit
Ministry's panel to meet Friday on fuel pricing
A panel of ministers will meet on Friday to discuss raising prices of subsidised fuels, an oil ministry source and another government source said on Thursday.
Last June, the government allowed state-
Oil cos threaten to stop jet fuel supplies to Air India
State-owned oil companies have threatened to stop jet fuel supplies to Air India after the cash-strapped national carrier repeatedly defaulted on payment of fuel bills.
Air India was put on cash-and-