Reliance Industries sees profits jump on oil and gas

Reliance Industries, one of India's largest industrial conglomerates, has reported a sharp rise in profits thanks in part to a turnaround at its oil and gas business.

Scottish Independence Vote Hinders North-Sea Oil Business Plans

Scotland’s independence referendum next year is hindering the plans of North Sea oil companies by clouding the outlook for taxes, fiscal policy, regulation and bank finance, according to a survey of industry executives.