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BP ONGC DEAL
Stocks in news: Premier Energies, Suzlon Energy, Paytm, Hindalco, ONGCIndian markets saw a strong rebound on Monday. The Nifty index surpassed 24,000 and is expected to move higher. Premier Energies saw a larg...- After Mumbai High, ONGC brings in BP in other western offshore oil, gas fieldsIn a strategic alliance, ONGC has teamed up with BP to enhance the extraction of oil and gas from its aging offshore fields in the west. Th...
- Ambani's Reliance won't lose old partner BP despite end of exclusivityBP will continue to pursue energy ventures with Reliance Industries in India despite the end of their exclusivity. Having invested over $12...
- ONGC shares jump 3% on signing gas deal in AzerbaijanThe addendum to the ACG PSA allows progress in exploring, appraising, developing, and producing Non-Associated Natural Gas (NAG) from the A...
- AP Shah panel seeks comments on ONGC gas migration to Reliance Industries fieldsThe one-man committee has sought written comments from Oil and Natural Gas Corp (ONGC), the Directorate General of Hydrocarbons (DGH), the ...
- Jaipal Reddy assures all help to oil companies to raise productionReddy said his ministry had fully supported investment proposals such as the BP-Rel deal, in which BP acquired 30% stake in RIL's oil block...
- Reliance Industries, BP announce setting up of Joint venture 'India Gas Solutions'The equal joint venture will focus on global sourcing & marketing of natural gas and will develop infrastructure to accelerate transportati...
- RIL, BP offer to share KG-D6 infrastructure with state-run cosRIL has so far spent $5.59 billion in developing the D1 and D3 fields in the D6 block, out of the approved capital expenditure of $8.8 bill...
- Britain's BG keen to buy stake in ONGC's KG blockThe KG DWN 98/2 is right next to KG-D6 block. The region is India's most prolific gas basin and home to some of India's biggest natural gas...
- Oil Ministry refers Reliance-BP deal to CCEAMore then four months after UK's BP Plc agreed to buy 30% stake in RIL' oil & gas blocks, Oil Ministry has referred the $7.2 bn deal to the...
- Reliance Industries a good stock from long-term perspective: Edelweiss SecuritiesIf investors want to hold for slightly shorter duration, ONGC maybe a better stock, says Niraj Mansingka of Edelweiss Securities.
- NELP-IX: Global oil majors shun India’s offer of oil and gas blocksAnalysts said India would only attract smaller companies for exploration. International companies don’t see India as a preferred destinatio...
- ONGC to have final say in Cairn-Vedanta dealONGC will hold a final say in deciding fate of $9.6-bn Cairn-Vedanta deal as the oil ministry has proposed the firm's consent as a necessar...
- RIL-BP deal advantage for oilminThe oil ministry would leverage the $7-bn deal between Reliance Industries and British energy major BP to have its say while securing Cabin...
- RIL-BP $7.2 bn deal: ONGC's loss is Reliance's gainMuch before the highly acclaimed $7.2 bn Reliance-BP deal, it was ONGC that had proposed a strategic alliance with BP but was rejected by o...
- No govt roadblocks seen in RIL-BP dealOfficials in the Directorate General of Hydrocarbons (DGH) say that RIL will also require approval of the management committees of 23 block...
- Reliance-BP deal not on same footing as Cairn-Vedanta dealThe transaction, which BP and Reliance said will be "subject to Indian regulatory approvals and other customary conditions," is nothing but...
- ONGC may partner winner to develop Russian oil fieldState-owned Oil & Natural Gas Corp (ONGC) may join hands with the energy firm that gets the rights to develop Russia’s largest discovered f...
- ONGC Q1 net dips 24% to Rs 3,661 cr on higher subsidy burdenThe company paid Rs 5,515 crore towards fuel subsidy in the April-June quarter 2010, against Rs 429 crore in the same period last year. Q1 ...
- ONGC loses one more Russian oil asset to ChinaONGC Videsh (OVL) has lost out yet again to China in a direct fight over oil assets in Russia.
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