Petronet to invest $2.5 billion in US company for LNG supplyPLL to invest in Tellurian’s proposed Driftwood LNG terminal; transaction pact to be final by March 31, 2020.
PM Modi holds meeting with energy sector CEOs in US, discusses methods to harness opportunitiesPrime Minister Narendra Modi had a "wonderful interaction" with the CEOs from the US oil and gas sectors and discussed how to harness oppor...
Essar offers Russia's Rosneft 50% stake minus 1 share in oil arm, eyes co's valuation to hit Rs 48k crMultiple sources aware of the ongoing discussions say Essar is expecting the company’s equity to be valued at Rs 42,000-48,000 crore ($7-8 ...
BP stopped from entering jet fuel marketBritish energy major BP plc appears to be experiencing "bad karma", an expression hippies used in the sixties to philosophize.
ONGC in talks to buy Videocon's stake in Mozambique gas fieldOil Minister M Veerappa Moily had stated that LNG from Mozambique may be imported at the planned LNG terminal at Mangalore to feed the sout...
- Indian Oil Corp signs MoU with UK's British Petroleum for acetic acid plant
IOC) today said it has signed an MoU with UK's BP plc for setting up a 1 million tonnes acetic acid plant in Gujarat.
- RIL-BP $7.2 bn deal: ONGC's loss is Reliance's gain
Much 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...
- ONGC ties up with BP for oil exploration
After Norway's Norsk Hydro, Italy's Eni and Petrobras of Brazil, state-run Oil and Natural Gas Corp (ONGC) has tied-up with British oil maj...