Russia’s dispute with Ukraine over natural gas prices escalated Tuesday.
At issue in the dispute, which threatens to cause heating fuel shortages.
The price of oil for February delivery closed Wednesday at $35.35 in New York.
The government will launch the eighth round of bidding
Cairn India Ltd today announced that it has made an oil and gas discovery
Following a go-ahead from the government to acquire the UK-based Imperial Energy
R.S. Sharma dismissed the current price decline as a blip.
Iran has previously said it would press ahead with the long- standing project.
The academy’s ‘‘China Energy Report’’ for 2008 warns of drastic risks.
The oil companies would fetch a minimum of 20 per cent premium.