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Sensex down 78 pts on profit-booking, global cues
Mumbai, Apr 4 (PTI) Extending yesterday's fall, the benchmark BSE Sensex dropped further by over 78 points in the opening trade today as funds and retail investors indulged in profit-booking amid a weakening trend in global markets. Stocks of PSUs, ...
CCEA clears shale gas exploration under nomination regime
The Cabinet Committee on Economic Affairs has approved the proposal of the Ministry of Petroleum and Natural Gas on the policy on exploration and exploitation of shale gas and oil by National Oil Companies (NOCs) on acreages under the nomination regime. ...
Ccea Clears Shale Gas Exploration Under Nomination Regime
RIL to explore investment opportunities in Iraq
Reliance Industries Ltd (RIL) is planning to explore investment opportunities in the oil and gas fields of Iraq, Reliance Industries, Chairman, Mukesh Ambani told media."Petroleum minister Veerappa Moily has asked us to consider investing in Iraq," Ambani said on the sidelines ...
Reliance, IOC, Cairn India in race for 31% stake in HPL
Indian oil & gas majors such as Indian Oil Corporation and Cairn India are planning to buy 31 per cent stake in struggling Haldia Petrochemicals Ltd (HPL). RIL, IOC, Vedanta Resources through subsidiary Cairn India, state-owned Oil and Natural Gas Corp ...
Cairn Race Stake Hpl
Oil and Gas sector boosting jobs
Raining new contracts and healthy hiring is in the clouds of Aberdeen, the third most populous city of Scotland, currently.Orion Group, heavy industries recruitment specialist, has boosted annual income by 20 million pound with two new contracts in the offshore sector ...
Petrobras production spurts by 1.4 %
Brazil's biggest oil and gas company, Petrobras has witnessed 1.4 per cent spurt in its production from the domestic and overseas assets, touching the mark of 2.62 million barrels of oil equivalent in 2011. The major contributory in the rise ...
Petrobras Production Spurts
Poor credit outlook by fitch for oil and gas
Australia could have rich resources but Fitch ratings agency has given the oil and gas sector a negative credit outlook this year. According to the reports, companies running big liquefied natural gas projects were too burdened with debt. Fitch report ...
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