| Thu, 29 Jul 2010 Shell defends deep-water oil drilling, as profits soar | Royal Dutch Shell mounted a spirited defence of deep-water drilling yesterday as it unveiled a 94 per cent surge in profits in its second quarter. | The oil giant's chief executive Peter Voser stressed the oil industry's "shock" at the explosion at BP's Macondo well i... | R-Power not in priority list for next D6 gas flow NEW DELHI: Anil Ambani-owned Reliance Power does not figure in the first six companies that will get gas on priority from Reliance Industries’ KG-D6 when output from the block goes beyond the current capacity of 60 mmscmd, a power ministry official told ET. | The list... | No More Barges but Plenty of Beauty | AS American canals go, the Erie, which famously linked Buffalo to Albany in the early 19th century, gets all the glory. But at its peak in the 1860s, the V-shaped Delaware and Raritan Canal running through central New Jersey was no pipsqueak transportation system. One... | ONGC fundamentally strong, but subsidy load weighs heavy ONGC’s profit for June 2010 quarter plummeted more than expected as the subsidy burden surged. The company’s future prospects appear healthy, however, the government’s ever-changing subsidy-sharing policy poses the key risk. | Till June 2010 quarter, the upstream ... | Fuel supply back to normal | MANILA, Philippines—The Department of Energy (DOE) yesterday said fuel supply in Metro Manila has normalized, after the pipeline that delivers fuel from Batangas to the Pandacan depot in Manila resumed operations last July 24. | Some service stations were reported to ... | | |
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