China quietly increases purchases of low-priced Russian oilThe move by the world's biggest oil importer comes a month after it initially cut back on Russian supplies, for fear of appearing to openly...
20 May, 2022, 01.10 PM IST
China considers buying stakes in Russian energy, commodity firmsThe discussions are at an early stage and won’t necessarily lead to a deal, the people said, requesting anonymity as the discussions aren’t...
08 Mar, 2022, 06.39 PM IST
Mukesh Ambani's Reliance Industries breaks into top 100 global companiesThis is the highest any Indian company has been ranked on the Fortune Global 500 list. Reliance had broken into the top 100 in 2012 ranking...
11 Aug, 2020, 04.10 PM IST
India's Essar group places bid for Petrobras' Bahia refinery: ReportIf Essar's bid is successful, it would mark the group's debut in Brazil. Essar has invested roughly $28 billion in assets in energy, infras...
30 Jun, 2020, 11.51 PM IST
- Punj Lloyd arm bags Rs 312-crore Saudi Arabian order
Infrastructure major Punj Lloyd said: "With this order, the group's order backlog stands at Rs 19,929 crore."
17 Apr, 2017, 04.34 PM IST
- Former chief of China's Sinopec gets 15 years for graft
The court found that from 2003 to 2014, Wang took advantage of his various positions to help others with business operations, project under...
24 Jan, 2017, 05.54 PM IST
Reliance Industries, Tata Motors among 7 Indian firms in world's 500 largest companies: FortuneWhile Indian Oil, Reliance, Bharat Petroleum and Oil and Natural Gas slipped in rankings from the previous year, Tata Motors and SBI improv...
23 Jul, 2015, 10.50 AM IST
Hong Kong shares weaken despite strength in oil sectorThe Hang Seng Index slipped 0.4 per cent from its highest close since May 2008, hit in the previous session, and finished at 25,074.50 poin...
26 Aug, 2014, 02.56 PM IST
- China Galaxy's IPO bookrunner record sets grim stage for bankers
But even if these deals trigger a series of other offerings, the outlook for equity capital market revenues in Asia Pacific remains sober i...
06 May, 2013, 02.12 PM IST
- US fund house exits ONGC over Sudan investments
US fund house TIAA-CREF has exited Oil and Natural Gas Corp (ONGC) and other Chinese energy firms over their investments in war-torn Sudan,...
05 Jan, 2010, 03.06 PM IST
- China's top 500 firms outperform US rivals in 2008: Survey
China's top 500 companies outperformed their US counterparts for the first time last year, a survey conducted by a business group has revea...
07 Sep, 2009, 03.44 PM IST
- RIL, ONGC rumoured as 'mystery' bidders in $8 bn Addax sale
London-based Addax Petroleum has fields in Iraqi Kurdistan and Nigeria and is said to be on the block for up to 5 billion pound ( around $ ...
21 Jun, 2009, 07.16 PM IST
- ONGC says no to OVL listing; funding in place for Imperial buy
ONGC on Thursday said it has no plans to list its overseas subsidiary OVL and has 'ready cash' to meet fund acquisition of UK-listed Imperi...
04 Sep, 2008, 11.31 AM IST
- GAIL plans Chinese foray with 3 projects
GAIL India is all set to foray into the Chinese market with a series of investments in the natural gas sector.
21 Jan, 2008, 03.34 AM IST
- China's gasoline imports soar in August
Amid an auto boom, China's gasoline imports hit a ten-year high in August after the country's economic planner ordered state-owned oil firm...
28 Sep, 2007, 10.38 AM IST
- Sinopec delays refinery; Saudi supply in doubt
Sinopec Group will delay the start-up of a $1.2 billion refinery in east China by at least nine months, adding uncertainties to a joint-ven...
03 Aug, 2007, 12.20 AM IST
- ONGC, Sinopec bag Colombian co for $850 mn
The Indo-China joint effort is beginning to bear fruit. The partners will pump in $425m each for the buy out.
22 Sep, 2006, 12.29 AM IST