Essar Oil plans $6 billion refinery expansion Essar Oil said on Friday it will spend about $6 billion to expand its refining capacity, and added it had shelved a plan to delist the company's shares from the Indian stock market. 16 Nov 2007
132.
Gold bounces above $800 after sharp decline Gold bounced back to trade above $800 on Tuesday after hitting a one-week low in Asian trade, as bargain-hunters resurfaced and a weaker dollar helped the metal. 14 Nov 2007
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Indian Govt. not to raise fuel prices for now The government said on Tuesday it would not raise prices of petrol and diesel for now as the government is compensating retailers for selling cheap fuel at a time when global crude prices have soared, and it had to protect the poor. 14 Nov 2007
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Reliance gets second Oman exploration block India's top private firm, Reliance Industries Ltd, on Monday signed a contract for a second exploration block off the Oman coast in the Gulf, a senior company official told Reuters. 13 Nov 2007
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Malaysia, Pakistan sign free-trade pact Malaysia and Pakistan signed a free-trade pact on Monday in a deal that commits Pakistan to cutting import tariffs on Malaysian palm oil. 13 Nov 2007
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Iran president calls atomic policy critics "traitors" President Mahmoud Ahmadinejad on Monday denounced as "traitors" Iranian politicians who want the country to suspend its nuclear work, the official IRNA news agency reported. 12 Nov 2007
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U.S. attack on Iran may "open Pandora's box" The United States could unleash vastly superior firepower if it attacked Iran but Tehran could strike back against its forces in Iraq and threaten oil supplies crucial to the world economy. 12 Nov 2007
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EU, Iran to hold nuclear talks this month: Report The European Union's top diplomat and Iran's chief nuclear negotiator agreed on Sunday to hold a new round of talks on Tehran's disputed atomic ambitions by the end of this month. 12 Nov 2007
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India's CEOs see high oil prices hurting growth: Survey A surge in global oil prices poses a risk to India's fast economic growth and the government may have to raise retail fuel prices soon, a survey of 180 chief executives said. 11 Nov 2007
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OPEC calls for tighter regulation of oil market OPEC's secretary-general has called for tighter regulation of oil markets to reduce the speculative investment the exporter group blames for driving prices to nearly $100 a barrel. 09 Nov 2007
