Fuel hike will not impact inflation: BP expert

The government's decision to hike petrol and diesel rates will not impact inflation, energy giant BP Plc said, hailing deregulation of fuel prices as the right step towards eliminating subsidies......

Nick Walker is new CEO of Vedanta Cairn Oil and Gas

Vedanta's Cairn Oil & Gas on Thursday announced the appointment of Nick Walker as the new chief executive officer (CEO) of the company. In a statement, the company said the appointment is effective......

Ambani forays into green energy biz; to invest Rs 75,000 cr

Reliance Industries Ltd on Thursday announced a Rs 75,000 crore investment in new energy business over the next three years as the operator of the world's largest oil refinery pivots towards a......

India records highest rise in gas output worldwide

India recorded the highest rise in natural gas output worldwide in 2009 after Reliance Industries' eastern offshore KG-D6 field came into production, global energy giant BP Plc said. Billionaire......