ONGC has floated an initial tender seeking interest of global majors with "requisite technical expertise and financial strength" to join as...

GSPC, a Gujarat government firm, will remain in the Block holding 10 per cent stake which it acquired from the outgoing partner Geo Global ...

The company will also pay part consideration of Rs 1,295 crore to GSPC towards acquisition rights for discoveries other than DDW field in t...

ONGC will pay $995.26 million for three discoveries in the KG-OSN-2001/3 block that are under trial production since August 2014.

Besides the payout to GSPC, ONGC will have to pay for the entire development cost of the six discoveries which may run into at least a coup...

"GSPC has not intimated about the start of commercial production of gas from its discoveries in the Block KG-OSN-2001/3 in KG Basin," Pradh...

The firm owned by the Guj govt had discovered a market formula that gives a price of about $10.5 per mmbtu at the current oil rate of $80 p...

Gas from DDW field, it said, is produced from most challenging conditions like HTHP and low permeability, requiring high capital and techno...

GSPC claims to have invested about Rs 15,000 crore on the block located near Reliance Industries-operated D6 block in the KG basin.

Company wants to price DDW gas at a rate equivalent to the price at which India imports long-term gas in its liquid form LNG from Qatar.

The proposal has been recommended to the Ministry of Environment and Forests (MoEF) to grant Coastal Regulatory Zone (CRZ) clearance by Guj...

Gujarat government company GSPC has asked Central government to approve its plans to sell natural gas from a field in KG basin at $13-14

Petronet pays RasGas of Qatar a price of 12.67 per cent of JCC, besides incurring a $0.26 per mmBtu cost on transporting the gas in ships.

Gujarat State Petroleum Corporation today said it has spudded its third appraisal well in the Deen Dayal East area of the KG Block.

The government has granted 20.5 square kilometre (sq km) additional area in the prolific KG basin to Gujarat State Petroleum Corp (GSPC).

Government of Singapore Investment Corporation (GIC), is one of the world's leading sovereign wealth fund, established by the Government of...

GSPC IPO is likely to be sometime later next year as it has tied up Rs 3,000 crore term loan through a consortium of 15 banks.