Centre approves renaming of Uttar Pradesh village Sadi Khurd to ShachipuramThe Yogi Adityanath government also wants to rename Firozabad district as Chandra Nagar, Sambhal as Prithviraj Nagar or Kalki Nagar, Deoban...
15 Sep, 2021, 08.45 AM IST
Oil ministry tells ONGC to sell oilfields; hive off drilling, other servicesThe action plan calls on ONGC to consider sale of stake in maturing fields such as Panna-Mukta and Ratna and R-Series in western offshore a...
25 Apr, 2021, 03.56 PM IST
Oil ministry tells ONGC to sell oilfields; hive off drilling, other servicesThe petroleum ministry has told India's largest oil and gas producer ONGC to sell stake in producing oil fields such as to Ratna R-Series t...
25 Apr, 2021, 03.50 PM IST
ONGC completes Rs 7,700 crore acquisition of GSPCGSPC, a Gujarat government firm, will remain in the Block holding 10 per cent stake which it acquired from the outgoing partner Geo Global ...
04 Aug, 2017, 07.30 PM IST
ONGC wins government nod for Rs 7,738 crore GSPC stake buyThe company will also pay part consideration of Rs 1,295 crore to GSPC towards acquisition rights for discoveries other than DDW field in t...
29 Jul, 2017, 12.28 AM IST
ONGC signs pact to buy out GSPC's KG block stake for $1.2 billionONGC will pay $995.26 million for three discoveries in the KG-OSN-2001/3 block that are under trial production since August 2014.
19 Mar, 2017, 11.25 AM IST
ONGC board approves pact to acquire GSPC stake for $1.2 bnBesides 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...
24 Feb, 2017, 04.14 PM IST
ONGC to pay over $1.2 billion for GSPC stake buyBesides 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...
25 Dec, 2016, 03.36 PM IST
GSPC posts net loss of Rs 804 crore in FY'16GSPC owns the Krishna Godavari basin Deendayal gas block where it has sunk in $3.6 billion and taken about Rs 19,500 crore of debt.
31 May, 2016, 09.40 PM IST
Centre overrules Gujarat State Petroleum Corp's demand for $8.5 gas price"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...
17 Dec, 2014, 03.59 PM IST
- GSPC raises Rs 3,000 crore term loan to fund DDW in KG basin
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.
30 Nov, 2010, 02.07 PM IST
- Gas for R-Power: EGoM may meet on July 27
A ministerial panel is likely to meet on July 27 to consider allocating natural gas from RIL's KG-D6 field to the Anil Ambani Group's propo...
13 Jul, 2010, 08.03 PM IST
- GSPC likely to postpone IPO as merchant bankers advise caution
The government of Gujarat-promoted Gujarat State Petroleum Corporation (GSPC) may put off its much hyped plans to raise Rs 3,000 crore from...
16 Jun, 2010, 02.09 PM IST
- Gujarat invests over Rs 6,000 cr in KG basin12 Mar, 2010, 10.31 PM IST
- PSUs' share in GSPC now valued at Rs 850 crore
The value of a minuscule investment of Rs 5 crore made by six Gujarat-based PSUs in 1994 has shot up to Rs 850 crore.
15 Jan, 2010, 12.51 PM IST
- DGH okays GSPC's two TCF gas reserves
State venture Gujarat State Petroleum Corporation received approval for its field development plan entailing an investment to the tune of $...
20 Sep, 2009, 04.02 AM IST
- GSPC puts IPO back on track, to take a call after Budget
With gas production plans taking shape in KG Basin, energy venture Gujarat State Petroleum Corporation (GSPC) is all set to revive its plan...
22 Jun, 2009, 05.44 AM IST