Prime Minister Manmohan Singh on Thursday said India would seek to substantially expand bilateral trade with Russia from the current $8.5 billion, while enhancing ties in a host of areas such as defence, energy, space technology ...
India’s crude oil production is likely to jump by 21% to 45.57 million tonne in 2013-14 vis-a-vis 2010-11 on the back of output from newer fields like the Rajasthan block of Cairn India, Oil Minister S ...
State-run explorer Oil & Natural Gas Corp.’s overseas investment unit is in talks with Russian companies OAO Rosneft and OAO Novatek to seek a greater share in energy assets there, foreign secretary said Wednesday.
“OVL [ONGC Videsh ...
Two UBS bankers here unsuccessfully tried to create an offshore investment entity allegedly to enable industrialist Anil Ambani route his funds back into the Indian stock market, said a media report quoting proceedings at a financial ...
State-owned power major NTPC is going to set up its biggest solar (green) power station of 50 megawatts next year at an estimated cost of around Rs 700 crore in the electricity-starved state of Madhya Pradesh.
“We ...
Coal India’s (CIL) board of directors has approved a proposal for the mining firm to acquire stakes in unlisted overseas firms, provided the “offers were valid”.
The decision was taken in a meeting of the company board ...
Reliance Industries has seen gas output from its eastern offshore KG-D6 gas fields drop to a fresh all-time low of 39.80 million standard cubic metres per day. Natural gas production from the Dhirubhai-1 and 3 gas ...
High oil prices threaten to worsen a global economic slowdown and crude producers should consider boosting output, the chief economist for the International Energy Agency said. “The current high oil prices have the potential to strangle ...
