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BRITISH PETROLEUM PLC
BP’s annual profits doubled to £23 billion after oil and gas prices increased last yearBP's record profit this year came in the backdrop of Brent crude oil’s price reaching nearly $128 a barrel. However, the price has since th...- ONGC, Oil India surge over 6% after govt hikes gas pricesThe highest target for ONGC goes up to Rs 240, according to Trendlyne data. The average estimate of Rs 171 shows an upside potential of aro...
- British Petroleum Plc writes down KG-D6 value by $770 millionAnnouncing its third quarter results, BP announced a $ 770 million write down in value of KG-D6 although it said the new gas pricing formul...
- BP, Niko seek arbitration over penalty for gas output declineBritish oil major BP Plc and Canada’s Niko Resources have issued arbitration notices to the government of India.
- RIL, partners BP and NIKO make huge gas discovery in KG-D6 block"The discovery, named 'D-55', has been notified to the Govt of India and the management committee of the block," the company said.
- Essar Energy hopes to double revenue in FY12Essar is implementing a turnaround plan for the refinery which it recently acquired in a $350-million deal from Shell.
- RIL-BP agreement inked at 10, Downing StreetThe deal covers about 270K sq km, making it India's largest private sector holder of exploration acreage, comparable to UK's north sea. Rel...
- ONGC bids for stake in US energy major Exxon MobilONGC Videsh Ltd, the overseas arm of state-owned ONGC, has bid for US energy major Exxon Mobil's 25 per cent stake in a deep-sea oil block ...
- Cairn rebuts ONGC's claims on pre-emption rightsIn a strong rebuttal, Cairn Energy has told ONGC that its decision to sell majority stake in its Indian unit to Vedanta Resources does not ...
- Govt has not delayed clearance for Cairn-Vedanta deal, says oil secyThe delay in concluding Cairn Energy’s $9.6-billion deal with Vedanta is caused by the British firm’s insistence that the transaction did n...
- Vedanta-Cairn deal stuck in red tapeCairn needs at least 10 separate clearances from the petroleum ministry before Vedanta Resources' planned purchase of a controlling stake i...
- Govt awards 44 oil, gas blocks; attracts USD 1.5 bn investmentThe government today awarded 44 oil and gas exploration blocks, with the maximum going to ONGC and its partners and first timers BHP Billit...
- ONGC & partners bag most oil & gas blocks in Indian auctionState-run Oil and Natural Gas Corp (ONGC) and partners have bagged the most number of oil and gas exploration blocks offered by India in it...
- Bidding for oil blocks under NELP-VII to close on June 30India's largest ever offering of oil and gas exploration areas will close on Monday with only a few big international players such as Eni o...
- Sri Lanka gives Cairn India the nod to explore oil and gasCairn India, a unit of British exploration firm Cairn Energy Plc, has secured rights to explore oil and natural gas deposits off Sri Lanka'...
- British Gas to invest $1 bn in oil exploration in IndiaBG India, a part of the British Gas group, plans to invest $1 billion in exploration business in the next two to three year period, a top c...
- Searing crude fuels BP's jatropha driveThe $274-billion oil major British Petroleum Plc (BP) is all set to tap the virgin bio-diesel market in India. Fight kids' asthma organical...
- ONGC, RIL & BG to spend $1 bn on PMT fieldsAlong with its two partners-Reliance Industries and British Gas, state-owned ONGC plans to spend an additional $1billion on the Panna-Mukta...
- GSPC invites bids from 4 shortlisted cos by Nov 2Gujarat State Petroleum Corporation will invite bids from four shortlisted global energy giants by November 2, for a possible 30 per cent s...
- GSPC shortlists 4 cos for selling stake in gas blockGujarat State Petroleum Corp (GSPC) has shortlisted four global energy majors including Chevron, British Petroleum and ENI for selling 30 p...
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