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Latest India Oil & Gas News

  • Iran woos Farsi-speaking nations 12 May 2008 11:15 GMT
    ... explored various trilateral groupings, such as with India and Afghanistan, which run parallel to each ... between Iran, Pakistan and India over a gas pipeline from Iran, where Pakistan is wary ... both countries, for example, free shipment of oil to Tajikistan. As part of its effort to enhance ...

  • No futures trading ban on any more farm products 12 May 2008 11:15 GMT
    ... From correspondents in Delhi, India, 03:01 PM IST The government is not ... government had banned futures trading in soybean oil, potatoes, chick peas and rubber to control ...

  • McCain acknowledges global warming and urges nuclear power to combat it 12 May 2008 11:15 GMT
    ... toward machines, methods and industries that used oil and gas," said McCain. "Enormous good came from that ... Arizona senator promised to challenge China and India, two economic rivals who are fueling their ...

  • A new inflationary epoch 12 May 2008 11:15 GMT
    ... and weekly watch by Doug Noland Crude oil closed on Friday above US$126. The most ... four-fold over this period to $1.68 trillion; India's reserve position tripled to $303 billion; and ... the past year, reserves of Organization of Petroleum Exporting Countries reserves have inflated 42% to ...

  • Sensex recovers smartly to end 124pts up 12 May 2008 10:57 GMT
    ... and L&T lost under 1% each. Reliance Petroleum led the value chart with a turnover ... of Rs 316.97 crore followed by Cairn India (Rs 260.68 crore), Reliance Capital (Rs 258.47 ... (1.34 crore), Cairn (89.5 lakh) and Essar Oil (63.77 lakh). ...

  • McCain urges free-market principles to reduce global warming 12 May 2008 10:55 GMT
    ... toward machines, methods and industries that used oil and gas," said McCain. "Enormous good came from that ... Arizona senator promised to challenge China and India, two economic rivals who are fueling their ...

  • Sensex rebounds; Cairn jumps 12 May 2008 10:55 GMT
    ... early trade. Select heavyweights such as Cairn India, Ranbaxy and Satyam gave the necessary momentum ... DLF, SBI, Tata Steel, Reliance Industries, Reliance Petroleum and Unitech. - PTI ...

  • S'pore law firms set up offices overseas 12 May 2008 10:45 GMT
    ... given the tremendous growth fuelled by the oil prices and the current interest in the area,' ... involving foreign transactions. In the case of India, where no foreign law firms are allowed ...

  • Consumer adviceFour ways to ease petrol price pain Petrol has passed the landmark £5 a gallon. Here are some useful tips on how you can save on fuel 12 May 2008 10:45 GMT
    ... already at war in Iraq - over OIL, America has been at war in various countries ... already voluminous consumption! What then for world oil prices with ever growing demand from China, India and other Asia Pacific countries? Shame our ...

  • Food for Thought 12 May 2008 10:43 GMT
    ... Grain Reserves National Family Farm Coalition has pushed for ... mercy of commodity speculators. This when China, India, Philippines, the EU are all either building ... Strategic Grain Reserve, similar to the Strategic Petroleum Reserve, and re-instate the Farmer-Owned Reserve. Under ...

  • Rice demand soaring 12 May 2008 10:42 GMT
    ... buying power in countries like China and India, said Nathan Childs, an economist and rice ... we use are really expensive, and the gas prices," he said, stopping his tractor to ... even." Complaints about the high price of oil are a common refrain among rice farmers, who generally ...

  • High demand, price of rice good news to US farmers 12 May 2008 10:39 GMT
    ... buying power in countries like China and India, said Nathan Childs, an economist and rice ... we use are really expensive, and the gas prices," he said, stopping his tractor to ... even." Complaints about the high price of oil are a common refrain among rice farmers, who generally ...

  • Oil prices retreat from last week's record close near $126 a barrel as dollar strengthens 12 May 2008 10:21 GMT
    ... Oil prices retreat from last week's record close near ... developing countries such as China, Brazil and India, is the primary factor driving oil higher. ... 1 cent to $3.1912 a gallon. Natural gas futures rose 5.5 cents to $11.592 per ...

  • Search for inflation targets a fool's errand for bankers 12 May 2008 10:20 GMT
    ... not because of poorer macro-management, but because oil and food prices are soaring, and these items ... 18.2 per cent this year, and in India it is 5.8 per cent. By contrast, ... global environment is benign. Former U.S. Federal Reserve chairman Alan Greenspan, it is now recognized, ...

  • US health secretary: Chinese Heparin in US now safe 12 May 2008 10:16 GMT
    ... BANGKOK, Thailand - Oil prices retreated Monday in Asia from last week's ... developing countries such as China, Brazil and India, is the primary factor driving oil higher. ... 1 cent to $3.1912 a gallon. Natural gas futures rose 5.5 cents to $11.592 per ...

  • No wheat imports this year: Pawar 12 May 2008 10:16 GMT
    ... this year," Pawar told reporters in New Delhi. The Government imported 1.8mn tons of wheat ... state governments and the Food Corporation of India (FCI) and the assessment is based on ... Government last week banned trading in soybean oil, potatoes, chick peas and natural rubber to ...

  • Sometimes a great notion 12 May 2008 10:16 GMT
    ... about 10 pounds of the heat-trapping greenhouse gas as air wafts through it. Only a ... by industrializing countries, such as China and India, that claim that they have the right ... practice used to increase the pressure in oil wells. Geologists say there is room in subterranean ...

  • Vietnamese and Moroccan enterprises sign MoU on US $600 million fertiliser plant 12 May 2008 10:16 GMT
    ... Company (PVFCCo), a member of the Vietnam Oil and Gas Group, and the Office Cherifien des Phosphates ... plants in Morocco, including Belgium, Germany, Indonesia, India, Pakistan and Brazil. ...

  • Nigeria suspends rice import duties 12 May 2008 10:16 GMT
    ... that have fuelled inflation in Africa's top oil producer. But Agriculture Minister Abba Sayyadi Ruma said ... food storage projects to double Nigeria's food reserves to 600 000 tonnes by year-end. Nigeria, ... of parboiled rice, mainly from Thailand and India, had previously said it had cut imports ...

  • Global Infrastructure Partners announces close of $5.64 bln first fund 12 May 2008 10:15 GMT
    ... United Kingdom and Argentina and a liquid petroleum product storage facility in India. TFN.newsdesk@thomson.com ans/wj Copyright Thomson Financial News Limited ... Thomson Financial News Limited 2008. All rights reserved. The copying, republication or redistribution of Thomson ...

  • Oil prices retreat from $126 a barrel record 12 May 2008 10:15 GMT
    ... Oil prices retreat from $126 a barrel record Oil ... developing countries such as China, Brazil and India, is the primary factor driving oil higher. ... 1 cent to $3.1912 a gallon. Natural gas futures rose 5.5 cents to $11.592 per ...

  • Toshiba and JSW Energy in India's Latest Turbine-Manufacturing Venture, an Industrial Info News Alert 12 May 2008 10:15 GMT
    ... Land, Texas) -- Although some sections of India's government are faced with the challenge of ... Copyright © 2008, NewsBlaze, Tags: Tags: Environment, Oil, Gas and Energy, Utilities, Real Estate, Building and ...

  • Renault-Nissan, Bajaj form low-cost car venture 12 May 2008 09:56 GMT
    ... Renault-Nissan and India's Bajaj Auto said on Monday they would ... to tap emerging markets and as soaring oil prices drive a move to fuel-efficient "green" cars. ...

  • China Inflation Rate Accelerates to 8.5%; Bank Reserve Ratio Is Increased 12 May 2008 09:56 GMT
    ... China ordered banks to set aside larger reserves for the fourth time this year after ... two years and the Reserve Bank of India last month twice ordered lenders to set ... in a food stampede at a cooking oil sale at a supermarket in Chongqing, underscoring the ...

  • China Orders Fourth Increase in Bank Reserves This Year to Cool Inflation 12 May 2008 09:56 GMT
    ... China ordered banks to set aside larger reserves for the fourth time this year after ... two years and the Reserve Bank of India last month twice ordered lenders to set ... in a food stampede at a cooking oil sale at a supermarket in Chongqing, underscoring the ...


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