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Bomb blasts rock Shell outlets in Karachi

 Small bombs exploded at 18 Shell petrol stations in the Pakistani city of Karachi on Thursday, three days after suicide bombings on Western targets in oil-rich Saudi Arabia killed 34 people.Shell......

BP beats Shell; to operate ONGC's Mumbai High fields

 BP Plc has won a bid to operate ONGC's giant Mumbai High oil and gas field by offering up to 60 per cent increase in output over baseline, the state-owned firm said on Wednesday. Photograph: Lee......

BP partnership to increase ONGC revenue by $10.3 billion

 State-owned Oil and Natural Gas Corporation (ONGC) expects a $10.3 billion revenue boost from increased oil and gas production, achieved through a partnership with UK's BP in the Mumbai High field.......

Royal Dutch Shell India unit to invest $1 billion

 Anglo-Dutch oil giant Royal Dutch Shell's India unit plans to invest $1 billion in building a floating liquid gas (LNG) terminal off Andhra coast by 2014 as it bets big on gas retailing in the......

Royal Dutch/Shell plans chemicals entry

 Anglo-Dutch oil and petrochemicals giant Royal Dutch/Shell is planning to get into the chemicals business in India.The company will set up a bitumen plant, and has applied to the Foreign Investment......

Global oil majors may be joining race for BPCL

 Global oil majors may be teaming up with investment funds that are already in the race to acquire Bharat Petroleum Corporation Ltd (BPCL), a document detailing steps needed to complete India's......

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