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MANGLA OIL FIELD
Vedanta plans $200 million push to lift Rajasthan oil outputVedanta Oil and Gas is increasing investment in Rajasthan to enhance crude output from existing wells. The company aims to invest approxima...- Vedanta's Cairn Oil & Gas gets 3-month extension for Rajasthan oil blockThe license to explore and produce oil and gas from Barmer was due to renewal in May this year, but pending settlement of the dispute the g...
- Cairn's Rajasthan oil block licence stuck in cost dispute; hangs by monthly extensionsThe government had in October 2018 agreed to extend by 10 years the contract for Barmer fields in Rajasthan after the expiry of the initial...
- India's dependence on imports increases: Crude oil, natural gas output fallsIndia’s oil demand growth too has slowed to 1.4% in the April-July period, compared to 3.5% in the same period last year, but a sharper dec...
- Hope the coming budget rids oil companies of unfair levies: Mayank Ashar, Cairn India"These levies are detrimental to India’s energy self-sufficiency. Cairn is not asking for a handout. But this burden is extremely unfair."
- Vedanta signs MoU to invest Rs 8400 crore to expand its base in RajasthanThis is part of over Rs 20,000 crore worth of investment lined up by Vedanta for expansion of its zinc-lead mines and oil business in the s...
- Vedanta lines up over Rs 20,500 cr for Rajasthan businessMining conglomerate Vedanta has set aside more than Rs 20,500 crore towards investment in oil and gas and zinc business in Rajasthan over t...
- IOC to hike processing of cheaper crude to 30% by 2017-18In 2013-14, IOC, which owns 30 per cent of the nation's oil refining capacity, turned 54.65 million tons of crude oil into fuel.
- Brokerages remain bullish on Cairn India post Q4 resultsThe company reported a net profit of Rs 2,563 crore, up 17 per cent, against a net profit of Rs 2,186 crore, year-on-year (YoY).
- Bureaucratic apathy holds up any possible increase in oil & gas productionState-run oil cos appear caught between regulatory mire, while rising price of crude & fuel price revisions threaten to render them bankrup...
- Vedanta Resources keen to invest in exploration sectorVedanta acquired 10.4% of Cairn India from Petronas in a $2.1 billion deal, and reaffirmed its resolve to buy the controlling stake in the ...
- Vedanta in talks to buy into Cairn India to fuel new bizNegotiations, which are still at an early stage, could gross $1.5 billion if talks are fruitful; Cairn also talking to others.
- NELP, a test for oil & gas policiesThe success of the KG basin and Mangla fields discoveries should have been the biggest platform to attract investments.
- Govt may allow Cairn to sell Rajasthan crude to pvt refinersThe government may allow private refiners like Reliance Industries Ltd, Essar Oil to buy Cairn India's Rajasthan crude, if the public secto...
- Cairn, ONGC to invest $4 b in RajasthanCairn India, the domestic subsidiary of Edinburgh-based oil explorer Cairn Energy, and state-owned ONGC will jointly invest $4 billion (Rs ...
- Crude output to rise 25% as Cairn set to pump oilIndia's crude production will rise by a quarter in phases starting next month when Scottish explorer Cairn Plc's Indian arm, listed on the ...
- Buyers queue up for Cairn’s crude from RajasthanWith international crude oil prices hovering around the $140 per barrel mark, Cairn India’s waxy Rajasthan crude is suddenly in high demand.
- Cairn India gets extensionOil exploration major Cairn India has received a six-month extension from the government for conducting its exploration programme in Rajast...
- Cairn, MRPL may appoint arbitrator for crude pricingCairn India (CIL) and MRPL, the government nominee to offtake its crude from Rajasthan, may appoint an arbitrator to discover the pricing o...
- Cairn IPO opens today; co to be among top 25Cairn India Ltd will on Monday open India's biggest ever initial public offering (IPO) that will put the company among the top 25 listed co...
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