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CAUVERY OFFSHORE BLOCK
India's top oil explorer ONGC signs MoU with France's TotalEnergiesIndia, the world's third biggest oil importer and consumer, ships in over 85% of its oil from overseas. The country wants to quickly moneti...- ONGC offers JV in exploration blocks to ExxonMobilExxon is likely to take a view after studying geological data, and a deal may take some time. ONGC is expected to offer a significant minor...
- ONGC finds oil, gas reserves in Madhya Pradesh, West Bengal to open 2 new basins in IndiaONGC had previously opened six out of India's seven producing basins for commercial production. It is in the process of adding the eighth b...
- RIL gets green nod for Rs 800 crore drilling project in Tamil NaduAmong key conditions specified, RIL has been asked to ensure gas produced during the testing should be flared with appropriate flaring boom...
- RIL gets green nod for exploratory drilling project in Tamil NaduThe company should ensure that there is no impact on flora and fauna due to drilling of wells in the offshore sea.
- ONGC declares interim dividend, notifies 3 discoveriesONGC board in its meeting yesterday approved an interim dividend of 100 per cent, paying Rs 5 per equity share of Rs 5 each.
- Determine Cauvery block overlap with Gulf of Mannar biosphere reserve, oil ministry tells MoEFThe 560 sq km national park is located on the southeast coast of Tamil Nadu surrounding 21 uninhabited islands bounded by coral reef and sh...
- RIL-BP to invest $10bn to quadruple natural gas output by 2020Global oil giant BP Plc and its partner Reliance Industries will invest US $ 5-10 billion to quadruple natural gas production by 2020.
- Cairn India bids for one block in Sri Lanka; OVL skipsCairn India Ltd has bid for one oil and gas exploration block in Sri Lanka while ONGC Videsh did not bid for any of the 13 blocks on offer.
- OVL, Cairn to jointly bid for Sri Lankan oil, gas blocksONGC Videsh Ltd, the overseas arm of state-owned ONGC, and Cairn India Ltd are likely to bid jointly for oil and gas blocks in Sri Lanka.
- London's Hardy Oil gets extension on exploration in Cauvery basin blockHardy Oil & Gas plc today said it has won an arbitration proceeding to get an extension on its exploration licence in a Cauvery basin block.
- Pick of the week: PSU stocks as wealth creators26,108 cr assistance approved by govt to revive sick PSUs since 2004. Of this, Rs 4,505 cr is cash. Non-cash support, usually loan or inter...
- ONGC-SCI to test waters in rig manufacturingIn a bid to tackle the acute shortage of rigs in the international market, state-owned ONGC has decided to join hands with Shipping Corpora...
- India to be major player in Sri Lankan oil explorationIndia will be a key player in the Sri Lankan oil and gas exploration in the Cauvery Bay of the Gulf of Mannar which is set to begin in Marc...
- Reliance hits bull's eye in Cauvery basinRIL’s success story on oil and gas finds may have just got bigger. The energy major is now set to announce its next big find of gas, this t...
- ONGC, Petrobras to swap block stakesBrazil’s Petrobras and ONGC have agreed to swap stakes in each other’s exploration blocks.
- Govt to offer 60 blocks under NELP-VIIThe Directorate General of Hydrocarbons (DGH), which is under the Union petroleum ministry, will offer some 60 blocks as part of the New Ex...
- New oil and gas founds in diff stages of appraisalPublic sector Oil and Natural Gas Corporation Ltd (ONGC) and Oil India Ltd (OIL) and other private parties have made 12 new oil and gas dis...
- Gail picks up 30% in Myanmar blockGAIL (India) has acquired a 30% stake in the A-7 offshore block in Myanmar.As part of the agreement, Gail will hold a 30% participating int...
- GAIL acquires stake in Myanmar blockGAIL (India) has acquired a stake in A-7 offshore block in Myanmar.
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