India’s crude production will surge by a quarter in phases commenced next month when Scottish explorer Cairn Plc’s Indian arm, listed on the Bombay Stock Exchange, begins pumping from the Mangla field of its Rajasthan acreage. At an optimum production level, the acreage is estimated to reduce India’s oil import bill by $6.8 billion, or [...]
Continue reading "Crude Output surged 25% as Cairn Set to Pump Oil"
Wednesday, April 29, 2009
Crude oil continued to trade low for the second consecutive day, thereby causing oil and gas stocks slip into red on the Bombay Stock Exchange today. For full story, click here
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Friday, August 7, 2009