Go Man, get energy from the US!

The prime minister's visit to Washington should focus more on shopping for energy security and stopping the US from snooping on us, reigning in its popular and innocuously operated instruments to......

Sensex, Nifty post best gain in a month

Prospects of an interest rate cut by the RBI at its forthcoming monetary policy review spurted buying across the board. Markets rebounded to end with strong gains amid a rally in global stocks......

Oil Min to RIL: Stop selling KG-D6 crude to Jamnagar refinery

Petroleum Ministry has asked Reliance Industries to stop sale of crude oil from KG-D6 block to its affiliate Jamnagar refinery, saying it was not an arms- length sales. The Ministry wants to deduct......

ONGC may start commercial production of shale gas next year

Oil and Natural Gas Corporation plans to start commercial production of shale gas sometime next year, company Chairman Sudhir Vasudeva said on Friday. The Cabinet Committee on Economic Affairs......

Will shale gas become a game-changer for India?

The UK shale gas 'pad allowance' would cut tax on production income by about half to 30 per cent, notes Kunal Bose. Experts across the world feel India, largely dependent on imports of oil and gas,......