The attempts of mining giant Vedanta to pick up majority stake in Cairn India Ltd. has met fresh obstacle as public sector oil and gas behemoth ONGC announced, Cairn Energy Plc requires its consent besides government ...
State owned Bharat Petroleum Corporation (BPCL) has entered into an agreement with Australian company Norwest Energy to acquire assets of Shale Gas in Australia.
In a statement today, the company said it has executed a letter of ...
Standard & Poor’s ratings services said that it had placed its ‘BB’ long-term corporate credit rating on London-based metals and mining company Vedanta Resources PLC and the rating on all of the company’s issues on CreditWatch ...
A group of scientists say as much as 79 per cent of BP’s leaked oil remains in the Gulf of Mexico, challenging the Obama administration assessment that the crude is largely gone or rapidly disappearing.
Most of ...
NRI billionaire Anil Agrawal-led Vedanta Group said its open offer for 20 per cent stake in Cairn India will begin on 11 October, as part of its US $9.6 billion takeover deal of the country’s fourth ...
Vedanta Resources Plc, the mining company that agreed to buy control of oil explorer Cairn India Ltd, said it won’t sell shares to repay the US $6.5 billion of debt used to finance the deal.
Vedanta is ...
Cairn Energy Plc the the parent company will offload its 51 per cent stake in Cairn India to Anil Agarwal’s Vedanta Resources. The transsaction is valued at US $8.5 billion to 9.6 billion, a move that ...
Mining baron Anil Agarwal controlled Vedanta Resources on Thursday announced it is in talks to buy a stake in Cairn India, the company that owns the nation’s largest onland oilfield.
Cairn Energy, which holds a 62.37 per ...
