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KG BASIN BLOCK
Cairn says KG block operationally infeasibleCairn India has told the Oil Ministry that a large part of its KG basin block has become operationally infeasible because of new limitation...
- ONGC targets 55m units of gas by 2016; hopes to finalise equity deal by month end
The country's largest state-run energy explorer Oil & Natural Gas Corporation (ONGC) is betting big on its gas acreages in the Krishna-Goda...
Oil drilling firms such as RIL, ONGC, SGPC face sea of troubles in KG BasinONGC's GS-15 field in the KG Basin is producing barely 0.19 mmscmd of gas and 9,400 barrels of crude oil per day.ONGC was slated to start p...
- Cairn India up in a weak market on second oil discovery in KG Basin
Shares of Cairn India surged despite a weak market today following the announcement of its second oil discovery in the KG basin block.
- ONGC is in talks with ConocoPhillips to forge Reliance-BP like alliance
There is a market speculation that ONGC has offered stakes in 18-19 oil and gas exploration blocks to ConocoPhillips.
- Future of oil drilling in KG Basin uncertain after Defence Ministry's objects
As a result of the MoD's objections, ONGC has not been able to take up exploration work in two of its already allotted KG Basin blocks.
- RIL, ONGC to get more time for KG basin exploration
RIL and ONGC are likely to get additional time for completing their oil and gas exploration programme in their KG basin fields.
- RIL, ONGC set to get more time for KG basin fields
Reliance Industries (RIL) and ONGC are likely to get getting additional time for completing their oil and gas exploration programme in thei...
- Cairn India discovers oil reserves in KG basin
Cairn India, which is on the verge of being acquired by mining firm Vedanta Resources, has made an oil and gas discovery in an onland KG ba...
- RIL's new gas find to put India in global league
New gas finds by Reliance Industries (RIL) in the Krishna Godavari (KG) basin, if validated by Indian regulators, may place India among the...
- BG to take 25-30 per cent in ONGC blocks
BG Group of the UK on Tuesday said it has signed agreements with Oil and Natural Gas Corp (ONGC) to take stake in the state-run firm's east...
- BG eyes 30% in ONGC's KG block
British oil major British Gas is all set to pick up a 30% stake in ONGC’s KG basin block (KG-DWN-98/4) and 25% in Mahanadi basin block (MN-...
- ONGC KG Basin gas pr from 12mn mt cube
Oil major ONGC will start producing 12 million standard cubic metres of gas every day from one of its KG basin blocks from 2012.
- Petrobras to pick 30% in ONGC’s KG basin block
Brazilian oil company Petro Brasileiro (Petrobras) has agreed to pick up a 30% stake in one of ONGC’s discovered gas blocks in the Krishna ...
- Fresh bids for 3 KG blocks in next round of NELP
Unfazed by growing opinion in domestic and international circles on the issue of denying the ONGC-BG combine rights to three oil blocks whi...
- Canada’s GeoGlobal likely to go on sale
Canada-based GeoGlobal Resources (GGR) a publicly-traded oil and gas company is likely to be on the block soon.
- Govt rejects ONGC’s tie-up plans with BG, BP
The petroleum ministry has rejected ONGC’s proposals for strategic tie-ups with British Gas (BG) and British Petroleum (BP) in the three KG...