AI leading to faster, cheaper oil production, executives sayAI took center stage in many sessions at the world's largest energy gathering. Oil producers are seeking ways to remain profitable in an en...
14 Mar, 2025, 08.21 AM IST
US oil boom vs Europe's renewable focus? Big Oil's gap widens- in wordsWorld crude oil and natural gas production is running at an all-time high, bolstered by big increases in recent years in the United States,...
06 Mar, 2020, 11.01 AM IST
Energy giants spent USD 1 bn on climate lobbying, PR since Paris: watchdogTwo of the companies -- Shell and Chevron -- said they rejected the watchdog's findings.
22 Mar, 2019, 11.31 PM IST
ONGC Videsh's Azerbaijan contract extended until 2049The companies agreed to pay $3.6 billion in bonus to the government and higher stake in the fields to the state oil firm of the Central Asi...
18 Sep, 2017, 03.54 PM IST
Cairn India rallies over 4% as crude oil prices surgeHowever, there are doubts whether the rally in crude prices will sustain as there is oversupply of oil and demand still remains weak global...
04 Feb, 2015, 11.30 AM IST
Essar Energy to exit Kenya Petroleum RefineriesEssar Energy will exit Kenya Refinery by selling its 50% stake to the government of the African nation for $5 million.
03 Oct, 2013, 02.34 PM IST
- ONGC Videsh qualifies for Iraq's oil exploration bidding
Besides OVL, other who have been qualified to bid for the 12 exploration blocks due to be awarded in January next year are ExxonMobil, Shel...
09 Aug, 2011, 01.53 PM IST
- BP's Rosneft collapse puts Shell, Exxon back in play
The collapse of BP Plc's alliance with Russia's state-run oil company Rosneft brings one of the world's largest untapped drilling opportuni...
19 May, 2011, 06.13 AM IST
- Chevron 3Q profit slips 2%
Chevron Corp. said Friday income slipped nearly 2 percent in the third quarter on costs related to the Gulf of Mexico drilling moratorium a...
29 Oct, 2010, 08.14 PM IST
- Chevron has the means to prevent an oil blowout
US energy giant Chevron has in place policies and procedures that might have avoided the blowout that caused a massive oil spill in the US ...
14 Jun, 2010, 03.34 PM IST
- Essar Oil to buy 50% stake in Kenyan refinery
Essar Oil is set to acquire a 50% stake in Kenya Petroleum Refinery (KPRL) in Mombasa.
26 Mar, 2009, 02.22 AM IST
- BP says Baku-Ceyhan oil pipeline to resume operations
BP Plc said on Wednesday that testing of the Baku-Tbilisi-Ceyhan oil pipeline would begin, ahead of a move to resume operations on the rout...
20 Aug, 2008, 03.57 PM IST
- US oil company says it has ended talks with Iraq
A major independent U.S. oil producer said Wednesday that it has terminated negotiations with Iraq to develop an oil field.
14 Aug, 2008, 02.44 AM IST
- Deal will give RIL an edge in new markets
While BP had bid in the earlier bidding round and has even acquired a coal-bed methane block, Shell is yet to bid for blocks under India’s ...
28 Jun, 2008, 03.25 AM IST
- Exxon likely to bid for oil blocks in NELP-VII
After staying away from the first six rounds, world’s largest publicly-traded oil and gas company ExxonMobil is likely to participate in th...
17 Dec, 2007, 01.46 AM IST
- Canada’s GeoGlobal likely to go on sale
Canada-based GeoGlobal Resources (GGR) a publicly-traded oil and gas company is likely to be on the block soon.
23 Jan, 2007, 12.09 AM IST
- GSPC invites bids from 4 shortlisted cos by Nov 2
Gujarat State Petroleum Corporation will invite bids from four shortlisted global energy giants by November 2, for a possible 30 per cent s...
12 Oct, 2006, 12.00 PM IST