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 oil firms incurred Rs 4,745 crore annual losses on pre-revised rates, prompting the government to more than double the price of state administered natural gas to US $4.2 per mmBtu, the Rajya Sahba was informed ...
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 ...
The state run oil and gas explorator ONGC has resumed exploration activity in the KG basin’s ultra deepwater blocks. ONGC had to put on hold its ultra-deepwater exploratory work in the Block KG-DWN-98/2, where it has ...
State-run Oil and Natural Gas Corp (ONGC) has proposed to Russian major Rosneft that the two jointly bid for strategic Trebs and Titov fields in the Arctic north, Vedomosti.
Rosneft’s spokesman declined to comment on the report ...
As the government is all set to launch the 9th round bidding for oil and gas blocks under NELP regime, private sector players have demanded government must restrict participation by public sector E&P companies like ONGC ...
The Empowered Group of Ministers (EGoM) on the Krishna-Godavari (K-G) basin is likely to cancel the allocation of 0.406 million standard cubic metres of gas per day (mscmd) for ONGC’s LPG plants and 0.93 mscmd of ...
State-owned oil an gas behemoth ONGC plans to spend around US $5 billion to develop gas fields to boost output by almost 60 per cent over six years. The explorer sought permission from the oil and ...
Oil and Natural Gas Corp has informed the oil regulator Directorate General of Hydrocarbons that its KG basin block may hold about 3 trillion cubic feet of gas reserves. The company plans to produce 25-30 million ...
Eight Indian companies, including oil major IOC and Mukesh Ambani-led Reliance Industries (RIL), have made the cut in the list of the world’s 500 largest companies compiled by Fortune. The league of 500 elite companies for ...