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ENRON OILS LTD
Shell, Reliance & ONGC JV completes India's first offshore facilities decommissioning projectA joint venture, including Shell, Reliance Industries Ltd, and ONGC, has successfully completed India's first offshore decommissioning proj...- India to appeal arbitration award in favour of Reliance Industries and ShellOn 9 June, the government lost its appeal in The English Commercial Court against a Rs 867 crore ($111 million) arbitration award in favour...
- Govt loses challenge to $111 million arbitration award in dispute with Reliance/ShellRejecting the govt's arguments, the court said the objections are barred by an English law principle whereby a party cannot raise matters i...
- Government challenges Panna-Mukta field arbitration award before English High CourtReliance and Shell had through the arbitration sought raising of the limit of cost that could be recovered from sale of oil and gas before ...
- ONGC gets cracking at Panna-Mukta field; cost-saving measures reap dividendsSoon after taking over the field last month, ONGC changed the shipper to state-owned Shipping Corporation Ltd, resulting in saving of about...
- Shell-Reliance give up Panna-Mukta fields; western offshore fields to revert to ONGCPanna-Mukta and Tapti (PMT) oil and gas fields in the Arabian Sea off the Mumbai coast were in 1994 awarded a consortium of US energy giant...
- Govt nominates ONGC to operate Panna-Mukta fieldsReliance and Shell each own a 30% participating interest in Panna, Mukta and Tapti (PMT) fields, while ONGC holds the balance 40%.
- 'Privatise ONGC, selling 18% can fetch Rs 41K crore'India has 0.3 per cent of world's oil and gas reserves but produces 0.6 per cent of global output, with ONGC accounting for the bulk of it,...
- PMT Gas fields case: SC junks Centre's plea against arbitratorThe apex court in its order had set aside a Delhi High Court verdict by which it had agreed to hear the government's plea against the arbit...
- PMT Gas fields case; Centre moves Supreme Court against arbitratorThe apex court on May 28 last year had allowed the plea of RIL arbitration in London over its dispute with the Centre on the Panna, Mukta a...
- Gujarat can't levy tax in exclusive economic zone: P ChidambaramGujarat demanded Rs 1,500 cr in sales tax dues for 1997 to 2001 period from three companies, on ground that they sold gas to GAIL inside th...
- 'Advocate' P Chidambaram appears in tax case before Gujarat High CourtP Chidambaram today appeared before the Gujarat High Court in his capacity as a lawyer in a sales tax case for BG (British Gas) Exploration...
- Power Ministry again urges Oil Ministry to make available gas for Dabhol power projectIn an attempt to salvage Dabhol power project, Power Ministry urged Ministry of Petroleum & Natural Gas to make available some fuel for run...
- After striking gas, ONGC drills second well in AliabetONGC struck gas on very first drilling conducted in its on-shore NELP Block CB-OSN-2003/1 and has applied to DGH to certify reserves.
- Foreign cos can claim tax break for forex losses: SCThe Supreme Court has held that foreign companies can claim tax deductions for foreign exchange losses on account of currency fluctuations.
- Foreign cos can claim tax deduction for forex losses: SCThe Supreme Court has held that foreign companies can claim tax deductions for foreign exchange losses on account of currency fluctuations.
- Obama details plan to tax excess oil company profitsDemocrat Barack Obama on Sunday detailed plans for a new tax on oil companies, a so-called windfall penalty on sales of crude at or above $...
- Petronet to ink LNG import pact with Qatar firmPetronet LNG Ltd, India's largest liquefied natural gas importer, may sign a contract to import LNG from Qatar to supply India's biggest ga...
- Enron's Kenneth Lay dead at 64Enron founder Kenneth Lay, who was convicted of helping perpetuate one of the most sprawling business frauds in US history, has died. He wa...
- ONGC to revise bid for Panna-MuktaOIL and Natural Gas Corporation is likely to improve its offer of about $300 million for acquiring Enron's 30 per cent stake in Panna-Mukta...
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