Tanzania talks with Total, BP on hydrocarbon exploration

DAR ES SALAAM, Oct 25 - Tanzania has held talks with France's Total and Britain's BP over oil and gas exploration, its energy ministry said on Saturday, aiming to add to major companies active in its thriving energy sector.

25 Oct 2014

Brazil presidential campaign ends in slugfest over corruption

BRASILIA, Oct 25 - Presidential candidates traded accusations over political corruption on Friday night in a last ditch attempt to sway undecided voters before Sunday's election runoff in Brazil's closest race in decades.

25 Oct 2014

Coal mine accident in far west China kills 16- Xinhua

SHANGHAI, Oct 25 - Sixteen workers were killed after a coal mine collapsed in China's far western region of Xinjiang, the official Xinhua news agency reported on Saturday, highlighting the poor safety standards in the world's biggest coal producing country.

25 Oct 2014

UPDATE 9-Brent oil ends week flat, pausing rout, as U.S. contango looms

* Ample prompt supplies threatened contango in U.S. crude

25 Oct 2014

UPDATE 1-U.S. oil export battle heats up as drillers group to fight ban

(Adds background, GAO report that exports would push down gasoline prices, paragraph 8)

25 Oct 2014
BSE OIL & GAS +2.31%
BSE-IT -4.00%
BSE AUTO +2.09%
BSE POWER +1.34%
BSE-FMCG +0.15%
BSE-CG +2.04%
BSE-HC +1.57%


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Finance Minister Arun Jaitley favours interest rate cut - paper

NEW DELHI - Finance Minister Arun Jaitley favours a cut in interest rates to trigger demand in the construction sector, a newspaper report said on Saturday, but the Reserve Bank of India (RBI) has signalled it will not ease policy until it is confident of lower inflation.