Rajeev Jayaswal

  • Govt toughens stance, set to review Cairn PSC

    Govt toughens stance, set to review Cairn PSC

    The government is set to review the 15-year old production sharing contract (PSC) with Cairn Plc and will not approve , or even consider, the $9.6 billion Cairn-Vedanta deal.

    ONGC in talks for Australia’s Advent Energy

    ONGC in talks for Australia’s Advent Energy

    A consortium of India’s top state-run energy firms, led by exploration giant ONGC, is in talks to acquire a 25% stake in Australia’s Advent Energy for around $1 billion.

    Oilmin, Cairn clash again over approvals

    Oilmin, Cairn clash again over approvals

    The simmering tensions between Cairn Energy and the government over the $9.6-billion deal to sell the British firm's Indian arm to Vedanta Resources has flared up again.

    Global oil cos keen on Nelp this time: Murli Deora

    Global oil cos keen on Nelp this time: Murli Deora

    OIL minister Murli Deora, who launched the ninth round of India’s New Exploration Licensing Policy last week, expects oil majors such as Exxon Mobil, Shell and Chevron to participate in the auction of oil and gas blocks. Global majors have largely kept away from NELP rounds although Britain’s Cairn Energy and Reliance Industries have made significant oil and gas discoveries in India.

    ONGC may partner winner to develop Russian oil field

    ONGC may partner winner to develop Russian oil field

    State-owned Oil & Natural Gas Corp (ONGC) may join hands with the energy firm that gets the rights to develop Russia’s largest discovered fields Trebs and Titov, two officials with direct knowledge of the matter said.

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