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MOZAMBIQUE ASSET
Charting the global economy: Inflation hits incomes and spendingGlobal economies face rising inflation and slowing consumer spending. In the US, incomes are squeezed, pushing savings rates down. Europe s...
ONGC bets on gas-led growth as premium pricing boosts profitabilityONGC anticipates natural gas will drive its future growth and profitability. New high-priced gas production is set to increase significantl...
ED chargesheets UK national in probe against Videocon GroupThe Enforcement Directorate has filed charges against Sachin Dev Duggal, a British citizen, in a major bank loan fraud case involving the V...
CBI books Venugopal Dhoot & others in bank fraud caseThe Central Bureau of Investigation (CBI) has booked Videocon group MD Venugopal Dhoot on charges of causing a wrongful loss to a consortiu...
Mercator in talks to raise $300 million via coal asset sales, infusionIndian and Chinese players are in the fray to buy Mercator's 50% stake in three East Kalimanthan coal assets in Indonesia and one asset in ...
If Exxon-ENI deal goes through, BPCL may get a stock re-ratingThe Mozambique field has two areas. Area 1 is the field in which BPCL holds 10%, operator for which is Anadarko, and Area 4 is operated by ...
ICVL initiates recruitment for Mozambique operationsProfessionals having required qualifications and experience are due to be recruited for its Mozambique operations, through a process of per...
ICVL acquires Rio Tinto's coal assets in Mozambique"The sale is subject to certain conditions precedent and regulatory approvals. The transaction is expected to close in the third quarter of...
International Coal Ventures team in Mozambique to tap coal assets for acquisitionA senior level delegation from the International Coal Ventures (ICVL) is currently touring Mozambique to assess some of the coal assets .
Coal India eyes mine acquisitions in IndonesiaState-owned Coal India Ltd (CIL) is actively looking at as many as five proposals for acquisition of mines in Indonesia.
Exploration of CIL's Mozambique mines may be completed in 2014The Minister further said that the first stage of drilling of the mines has been completed and the second stage is under progress.
India, China battle it out in Mozambique gas fields to secure energy assetsAccording to an investment banker directly involved in the transaction, Videocon's Venugopal Dhoot is expecting around $2.7 bn for his stak...
- Videocon starts selling stake in Mozambique gas field
The company, along with USbased Anadarko Petroleum Corp, is in the process of together auctioning 20% stake in the oil field to raise an ag...
- May sell 10-15% stake in Mozambique oil fields: Venugopal Dhoot, Videocon
"We have appointed Standard Chartered Bank as our selling agent and they are going to various buyers and ONGC might be one of them. "
- Oil India in talks with Mozambique for stake in Rovuma-1 gas field
Oil India is also considering downstream investments such as setting up fertilizer and petrochemical plants in the country though a consort...
- India scouts for coal mines in Africa
Sriprakash Jaiswal will talk with his counterparts in South Africa and Mozambique during his visit from January 5 to secure coal assets.
- NTPC, Coal India to buy mining assets overseas
National Thermal Power Corporation and the largest coal producer Coal India are in advanced stages of acquiring mining assets in Mozambique...