US nod to build LNG plant that will ship fuel to IndiaUS regulators gave the final approval for Dominion Resources to build the east coast's first natural gas liquefaction plant at its Cove Poi...
GAIL signs pact with Sumitomo Corporation of JapanGAIL and Sumitomo have each booked a capacity of 2.3 million tonnes at Dominion Resources Inc's Cove Point liquefied natural gas (LNG) expo...
US allows LNG export to non-FTA countries, GAIL to gainThe order is expected to directly benefit India as the state-owned natural gas company GAIL recently booked 2.3 mmtpa capacity in the Cove ...
India, China battle it out in Mozambique gas fields to secure energy assetsAccording to an investment banker directly involved in the transaction, Videocon's Venugopal Dhoot is expecting around $2.7 bn for his stak...
ONGC Videsh with Asian rivals is in race for Videocon stake in African gas fieldMozambique has turned out to be a windfall for the Venugopal Dhootcontrolled Videocon, with the value of their investments multiplying expo...
- BPCL plans up to Rs 45,000 crore capex by 2017
The second largest oil marketer Hindustan Petroleum has said that it has lined up Rs 40,000-45,000 crore capital expenditure plan for the n...
- Energy companies operating in Mozambique plan to ship Mozambique Gas to India
Energy companies operating in Mozambique are eyeing the vast Indian market and have started discussions with state energy firms.
- Been awarded 4 blocks in NELP IX in pact with other companies: BC Tripathi, GAIL India
In an interview to ET Now, BC Tripathi, CMD, GAIL India speaks about the recent NELP auctions and the company's growth outlook.
Venugopal Dhoot, Videocon chairman, could land windfall gain from Cove Energy saleVenugopal Dhoot is keeping a close watch on the frenetic action that is unfolding from his perch at Fort House in Mumbai.
- Iran situation critical for India due to imports: Jal Irani, Macquarie Capital
India imports three-fourths of its oil requirements and given KG-D6 gas is declining, the imports are in fact poised to even increase furth...
- ONGC stock attractively valued at current levels: Sanjeev Prasad, Kotak Institutional Equities
The valuation can be a lot higher if there is a lot more transparency on the subsidy system, says Sanjeev Prasad, Senior Executive Director...
- ONGC's fundamentals, valuations are attractive: Jal Irani, Macquarie Capital
At current market prices, we have an outperform on the stock and essentially we think that investors would be interested at a premium.
- OVL, GAIL eye Cove Energy of UK with $2 billion offer
State-owned oil majors ONGC and GAIL plan to outbid Royal Dutch Shell and Thailand’s PTTEP with a $2-billion offer for UK’s Cove Energy.
- BPCL is a safe bet: CLSA
CLSA has maintained its ‘Buy’ rating on BPCL and set a target of Rs750. Shell’s bid to acquire Cove Energy at $1.6 billion.
- Bharat Petroleum, Videocon riding high on gas find in Mozambique block
BPCL and Videocon are riding high on a giant gas find in Mozambique, where their stakes are valued at $2 billion each.
- OVL-GAIL eyes UK co in $1b deal
OVL has teamed up with GAIL India to place a joint bid to acquire UK-based energy firm Cove Energy Plc, a deal valued over $1.2 billion or ...
- Videocon consortium strikes more gas in Mozambique
Videocon Industries and its partners including Amadarko, Cove Energy and BPRL have discovered gas in the Lagosta well in Mozambique.