Financials and Investment News in India

Asia Developing Countries Oil Supply - November 2011
Asia Developing Countries Oil Supply - November 2011 11/15/2011 - Total Developing Countries (DCs) oil supply is projected to increase by 50 tb/d in 2011 to average 12.77 mb/d, indicating a downward revision of 50 tb/d compared to the previous month. The downward re...
India Economy - OCT 11
India Economy - OCT 11 10/20/2011 - The Indian economy grew by 7.7% in the 2Q11, which has been the slowest growth rate of the economy for the last 18 months. Many observers had expected lower economic growth in 2011 due to a considerab...
ONGC Videsh reaches an agreement with Imperial Energy for Purchase of shares
8/26/2008 - ONGC Videsh Ltd. (OVL), the wholly-owned subsidiary of Oil and Natural Gas Corporation Ltd. (ONGC), announced that OVL and Imperial Energy Corporation have reached an agreement on the terms of recomme...
Essar Oil declares a Maiden Profit from Refinery Operations
8/1/2008 - Essar Oil Limited, which has declared commercial production of its 10.5 mmtpa refinery w.e.f. 1st May 2008, has reported a gross sale of Rs. 10,132 Crore during the first two months of its commercial ...
IndianOil registers Rs. 2,091 crore profit in Q3
1/31/2008 - IndianOil has registered a net profit of Rs. 2,091 crore for the third quarter of the current financial year ended December 2007 as compared to a profit of Rs. 1,792 crore during the same quarter in t...
Exxon, BP, Shell, eye Indian gas field stake
7/6/2006 - At least 13 oil companies, including Exxon Mobil, Royal Dutch Shell, BP Plc., BG Group and Total have submitted a preliminary offer to buy a stake in one of India's biggest gas field, its operator sai...

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