1 vote
NEW YORK (Reuters) - Oil major Chevron Corp said China's Sinopec would buy a minority stake in its deepwater gas fields in Indonesia and that it had awarded the first design contracts for the project.
read more »
1 vote
NEW DELHI (Reuters) - If cars and coal are deemed fine, then so should cricket. New South Wales (NSW) and Victoria are making precisely this pitch as they woo deep-pocketed Indian investors to buy franchises in Australia's Twenty20 league.
read more »
1 vote
LONDON (Reuters) - BP continues to receive the backing of governments around the world after its Gulf of Mexico oil spill, Chief Executive Bob Dudley told employees in an e-mail on Thursday, even as doubts remain around its U.S. business.
read more »
1 vote
NEW DELHI (Reuters) - Shares in Indian explorer Oil and Natural Gas Corp jumped as much as 5.1 percent on Thursday, after the state-run firm received the government's approval for a stock split and bonus issue.
read more »
1 vote
MUMBAI (Reuters) - The rupee on Thursday lost some steam to trade a tad up as oil importers' dollar demand and dollar shortcovering bouts almost matched the boost given by local share gains and the euro's gains against the greenback.
read more »
1 vote
SYDNEY (Reuters) - The Australian Transport Safety Bureau has ordered Qantas to conduct detailed checks on its Rolls-Royce-made Airbus A380 engines after it identified a potential manufacturing defect which it said could lead to an oil fire and engine failure.
read more »
1 vote
NEW DELHI (Reuters) - Cabinet has approved a bonus share issue in state-run explorer Oil and Natural Gas Corp, Oil Minister Murli Deora told Reuters.
read more »
1 vote
SINGAPORE (Reuters) - Oil slipped on Thursday as traders focused on rising U.S. crude inventories following a rally of 3 percent in the previous session, when encouraging jobs data in top consumer the United States helped drive prices to their highest in almost three weeks.
read more »
1 vote
NEW DELHI (Reuters) - The cabinet has approved state-run explorer Oil and Natural Gas Corp's planned stock split, road transport minister Kamal Nath told reporters on Wednesday, without giving any further details.
read more »
1 vote
LONDON (Reuters) - Oil rose to around $85 a barrel on Wednesday as rising factory output in China and a report saying U.S. inventories declined countered lingering concern about Europe's debt problems.
read more »
1 vote
NEW DELHI (Reuters) - The cabinet will on Wednesday consider proposals for stock split and bonus share issue in state-run explorer Oil and Natural Gas Corp (ONGC), a source with direct knowledge told Reuters.
read more »
1 vote
NEW DELHI (Reuters) - Indian Oil Corp is likely to sell shares at 450 rupees each -- well above current market levels -- the state-run company's Chairman B.M. Bansal said on Wednesday, spurring its quoted shares sharply higher.
read more »
1 vote
NEW DELHI (Reuters) - India's state-run refiner Indian Oil Corp (IOC) does not expect possibility of diesel regulation in near future, its chairman B.M. Bansal said on Wednesday.
read more »
1 vote
NEW DELHI (Reuters) - Coal India, the world's largest coal miner, is looking at buying over 10 percent in an asset of Australia's Peabody and has ample funds for overseas acquisitions, Chairman Partha Bhattacharyya said on Wednesday.
read more »
1 vote
NEW DELHI (Reuters) - State-run explorer Oil and Natural Gas Corp (ONGC) expects to launch a follow-on share sale in March, its Chairman R.S. Sharma said on Wednesday.
read more »