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Vedanta jumps 4% on natural gas discoveryThe stock rose 4.3 per cent to hit a high of Rs 233.40 on the BSE in the beginning.- Vedanta makes gas discovery in Krishna Godavari block"Further appraisal will be required to assess the potential commerciality of this Mesozoic rift discovery," the firm added.
- Cairn India gets nod for drilling 64 exploratory, appraisal wells in KG-BasinThe EAC, while according to environmental clearance, set a few conditions along with other specific and general environmental conditions re...
- ONGC mulls drilling nine development wells in two fieldsThe PSU is planning to undertake drilling of wells in KG-OSN-2004/1 and GS-49-2 fields beside creation of other infrastructure in KG Basin.
- Gujarat government spent more than Rs 13,000 crore on KG BasinGSPC has spent Rs 13,469.51 crore till December last year on exploration of natural gas in Krishna- Godavari (KG) Basin block but the comme...
- Cairn India may spend Rs 13,000 crore on KG-Basin blockThe KG-OSN-2009/3 offshore block in Bay of Bengal along the coast of Andhra Pradesh is spread over an area of about 1,988 sq km.
- 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...
- GSPC to spend Rs 2,000 crore on gas terminal at KG-BasinGSPC will be spending over Rs 2,000 crore on its proposed gas terminal at Mallavaram near Kakinada in East Godavari district of Andhra Prad...
- 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...
- CCI clears five oil and gas blocksThe Cabinet Committee on Investment (CCI) has given clearances to oil and gas activity in five blocks off the East Coast.
- CCI clears RIL's block for oil, gas productionCCI on Wednesday cleared Reliance Industries' producing KG-D6 block and gas discovery area NEC-25.
- Defence Ministry clears oil blocks of RIL, othersRIL's KG-D6 was fully cleared for oil and gas activity with the total area of 7,645 square kilometre reduced by 495 sq km to meet defence n...
- ONGC to undertake exploratory work in three offshore oil and gas Blocks in Krishna-Godavari basinOnce all formalities are completed, the ONGC consortium will spend about Rs 1,700 cr on developing these three blocks, sources indicated.
- Jubilant Energy plans to raise rupee term loan of Rs 1,340 crThe company on October 18 wrote to the Oil Ministry seeking government consent for creation of a charge on its 10 per cent interest in gas ...
- Cairn India stops operations on Defence Ministry's objectionsCairn India has stopped operations in two blocks during the second quarter ended September 30, due to "constant intervention
- Canada’s GeoGlobal likely to go on saleCanada-based GeoGlobal Resources (GGR) a publicly-traded oil and gas company is likely to be on the block soon.
- New oil and gas founds in diff stages of appraisalPublic sector Oil and Natural Gas Corporation Ltd (ONGC) and Oil India Ltd (OIL) and other private parties have made 12 new oil and gas dis...
- DGH fines ONGC, Reliance for delays in oil explorationThe Directorate General of Hydrocarbons (DGH) has recommended stiff penalties on ONGC and Reliance Industries (RIL) for default on commitme...
- DGH recommends penalties on ONGC, RelianceDirectorate General of Hydrocarbons (DGH) has recommended a total penalty of 107.391 million dollars on ONGC and 26.535 million dollars on ...
- GSPC shortlists 4 cos for selling stake in gas blockGujarat State Petroleum Corp (GSPC) has shortlisted four global energy majors including Chevron, British Petroleum and ENI for selling 30 p...
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