Reliance to invest in Abu Dhabi petrochemical hub

Billionaire Mukesh Ambani's Reliance Industries has signed a pact to invest an undisclosed amount in a giant petrochemical hub being built in the UAE. The oil-to-telecom conglomerate will join the......

Puri conveys India's concerns over high oil prices to OPEC

India, the world's third-biggest oil consumer, has conveyed to OPEC countries its concern over high oil prices that are threatening to impact the nascent economic recovery after the devastating......

India to gradually move to gas-based economy: Pradhan

Gas accounts for 8 pct of energy mix, with oil at over a quarter India plans to shift to a gas-based economy by boosting domestic production and buying cheap liquefied natural gas (LNG) as the......

Pradhan discusses LNG imports with US counterpart

Minister of State for Petroleum and Natural Gas Dharmendra Pradhan, who is in Washington, DC, discussed with the new US Energy Secretary Rick Perry the possibility of importing LNG from America and......