Schlumberger slashes over 21,000 jobs amid coronavirus pandemic oil routThe job cuts announced on Friday, about a quarter of its entire workforce, puts the number of people employed by the world's largest oilfie...
24 Jul, 2020, 10.58 PM IST
Oil falls below $43 on virus fears, still heads for weekly gainU.S. West Texas Intermediate (WTI) crude fell 58 cents, or 1.4%, to $40.07.
03 Jul, 2020, 09.38 PM IST
Oil falls in second straight session as virus cools demandBrent crude is set to end June with three consecutive monthly gains as OPEC+ supply cuts and as oil demand improved after countries across ...
29 Jun, 2020, 08.35 AM IST
Spending binge can kill US shale cosMany US companies have announced higher spending plans for this year, having seen prices stable above $50.
13 Mar, 2017, 03.04 PM IST
Oil producers taking advantage of rebound in crude oil to lock in protection against another slumpEnergy companies from EOG Resources to Chesapeake Energy used financial instruments such as futures, swaps and collars to guard against ano...
17 May, 2016, 03.24 AM IST
How an accounting rule is vanishing billions of barrels of oilThe US shale revolution, which brought the country closer to energy self-sufficiency, was built on money borrowed against the promises of f...
11 Dec, 2015, 04.38 AM IST
US nod to build LNG plant that will ship fuel to IndiaUS regulators gave the final approval for Dominion Resources to build the east coast's first natural gas liquefaction plant at its Cove Poi...
30 Sep, 2014, 09.53 PM IST
ONGC Videsh eyes energy assets in US; Oil India close to buying Africa assetAfter Kazakhstan, and Mozambique, ONGC Videsh and Oil India have set their sights on acquiring new oil and gas assets in the US and Africa.
27 Jun, 2013, 04.56 AM IST
- OIL in talks to buy 51 pc stake in Reliance Gas Transportation
OIL is one of the 11 firms -- five Indian and six foreign -- that have expressed interest to buy stake in RGTIL.
28 May, 2012, 07.41 PM IST
- Oil India in talks to buy stake in Chesapeake's Oklahoma oil assets
OIL is in talks to buy a stake in Chesapeake Energy Corp's Mississippi Lime unconventional oil assets in Oklahoma.
04 Apr, 2012, 06.01 PM IST
- BHP Billiton to acquire Petrohawk Energy for $12.1 billion
BHP Billiton, the world's largest mining company, agreed to buy Petrohawk Energy for about $12.1 billion in cash in its biggest acquisition.
16 Jul, 2011, 03.17 AM IST
- Sasol to pay $1 billion for Talisman Shale pie21 Dec, 2010, 07.05 AM IST
- Chinese buy third of Chesapeake South Texas field
China's state-owned offshore oil and gas company has bought a one-third interest in 600,000 acres that Chesapeake Energy leases in a South ...
11 Oct, 2010, 09.31 AM IST
- RIL considers investment in US co’s shale gas assets
Reliance Industries, India's largest company by market value, is considering to invest in Chesapeake Energy’s shale-gas assets, said three ...
17 Sep, 2010, 02.47 AM IST
- OVL sets sights on US shale gas assets
India’s largest energy explorer Oil & Natural Gas’ (ONGC) foreign arm ONGC Videsh is set to acquire shale gas assets in the US.
02 Sep, 2010, 06.46 AM IST
- 3 Indian origin men among 25 highest paid globally: Fortune
Sanjay Jha & Vikram Pandit are among the three who have made it to the Fortune's league of top 25 highest paid men in the world. Biz honcho...
16 Sep, 2009, 10.37 PM IST
- BP to buy 25 pct stake in Chesapeake shale assets
U.S. natural gas producer Chesapeake Energy Corp said on Tuesday it agreed to sell a 25 percent interest in its Fayetteville Shale assets i...
03 Sep, 2008, 04.23 AM IST