Fuel hike will not impact inflation: BP expert

The government's decision to hike petrol and diesel rates will not impact inflation, energy giant BP Plc said, hailing deregulation of fuel prices as the right step towards eliminating subsidies......

India records highest rise in gas output worldwide

India recorded the highest rise in natural gas output worldwide in 2009 after Reliance Industries' eastern offshore KG-D6 field came into production, global energy giant BP Plc said. Billionaire......

BP rubbishes India's claim on oil speculators

The world's third largest energy firm BP Plc has rubbished India's claims that oil speculators are responsible for a global surge in crude oil prices, saying high prices were a result of production......