ONGC may not get to use first right of refusal in Cairn deal
Government maintains that ONGC has the first right of refusal in the $9.6-billion Cairn-Vedanta deal, but it will not allow the company to exercise this right as the price is very high.
Rajeev Jayaswal
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.
India, US may ink pact to explore shale gas
“Co-operation in the field of energy is expected during President Obama’s visit,” said an Indian minister who did not wish to be named.
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.
Simpler subsidy maths to jazz up ONGC, IOC floats
The new system will benefit institutional investors, whom the government will be wooing when shares of ONGC, IOC will be sold next year.
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.
RIL to achieve peak output in KG-D6 block in one year
Currently, natural gas production from the KG-D6 block is stagnant at about 60 mmscmd since January this year.
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
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.
Cairn told to resolve royalty, cess issues before stake sale
Cairn’s India arm holds a 70% stake in the Rajasthan block that comprises about 85-90% of the $9.6 billion Cairn-Vedanta deal.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126
PREVIOUSNEXT