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...
ONGC to pay $1.2 billion for GSPC assets in KG BasinONGC shall also pay part consideration of $200 million to GSPC towards future consideration for six discoveries other than Deen Dayal West ...
Talks with ONGC to sell KG gas block 'purely commercial': GSPCONGC, it said, also operates an adjoining block in the KG basin which is due for development where the technological break-through achieved...
ONGC in talks to buy stake in GSPC's KG basin blockONGC initially was not keen to buy stake in the block as it felt the block had reserves far less than what GSPC was claiming and the asking...
ONGC mulling buying majority stake in GSPC's Krishna Godavri basin gas blockGSPC is in a loss and to come out of the situation it plans to sell its 50 per cent stake to ONGC including its under water sea infrastruct...
Congress targets Narendra Modi on KG basin issue; seeks probe by SC judge into GSPC debtSeeking "answers" from Prime Minister on GSPC issue, Ramesh demanded an inquiry by a sitting Supreme Court judge.
GSPC to take control of Gujarat Gas in a monthThe BG group will hand over control of Gujarat Gas to GSPC by the end of this month after the state-owned co acquired a controlling 73.7% s...
- GSPC invites bids to select EPC contractor for LNG terminal
GSPC today invited global bids to select an EPC contractor for its 5 MMTPA LNG regasification terminal proposed at Mundra in Gujarat.
GSPC, GDF Suez in talks for underground gas storageGSPC wants to utilise its depleting oil and gas assets in Gujarat for storing natural gas to develop strategic reserves.
GSPC's acqusition of Gajarat Gas from BG Group aimed at emerging as an integrated player in gasWhen government of Gujarat promoted Gujarat State Petroleum Corporation (GSPC) acquired Gujarat Gas from the UK-based BG Group, it was an u...
Aim to be an integrated energy play: Tapan Ray, MD, GSPCGSPC MD Tapan Ray barely attends public functions or speaks to the media. Ray says GSPC is shaping as the most integrated energy player tod...
GSPC Group acquires controlling stake in BG Group subsidiaryGSPC along with its affiliates signed definitive agreements for the acquisition of 65.12% stake in GGCL from London based BG Group.
- Government extends contract area of GSPC in KG Basin by 20.5 sq km
The government has granted 20.5 square kilometre (sq km) additional area in the prolific KG basin to Gujarat State Petroleum Corp (GSPC).
- GSPC Gas Company hits 4-mmscmd mark in gas distribution
GSPC Gas operates 117 CNG stations to create the country's only CNG corridor in western India and incidentally, it has the most expensive t...
- Adani scouts for new LNG project partner as GSPC undecided
Adani Petronet Port inaugurated at Dahej. Both Adani Group and GSPC were in talks for at least last couple of years.
- 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...
- GSPC to start its overseas upstream arm in next 2-3 years
Energy conglomerate, Gujarat State Petroleum Corporation (GSPC), plans to start its upstream overseas arm in the next two to three years to...