ONGC, OIL and BPCL will in the next four years invest $6 billion in developing a giant gas field off the Mozambique coast.

OIL too felt such an announcement was at least a couple of days away and should have been done only when the requisite agreements had been ...

Videocon Industries and Bharat Petroleum Corp Ltd (BPCL) have reported a fourth huge natural gas discovery in an offshore Mozambique block.

Oil Minister M Veerappa Moily had stated that LNG from Mozambique may be imported at the planned LNG terminal at Mangalore to feed the sout...

The LNG complex will in time have capacity to produce about 50 million tonnes of LNG a year, Anadarko said.

Oil India is also considering downstream investments such as setting up fertilizer and petrochemical plants in the country though a consort...

India has offered to build fertiliser and petrochemical plants in Mozambique if the gas-rich African nation gives fuel at concessional rate...

Videocon Industries is considering selling its 10 per cent stake in Mozambique’s Rovuma basin, scrapping an earlier plan to transport gas f...

The gas-rich Rovuma Basin in Mozambique may hold close to 100 trillion cubic feet (tcf) of natural gas, said Texas-based Anadarko Petroleum.

The new discovery would make the basin's reserves 20 times the size of India's KG-D6 and make Mozambique a major exporter of LNG.

BPCL and Videocon shares rallied in trade after Texas-based Anadarko Petroleum said it has discovered a major new gas find in in Mozambique

BPCL and Videocon are riding high on a giant gas find in Mozambique, where their stakes are valued at $2 billion each.

BPCL today said yet another well on the natural gas discovery block in offshore Mozambique has struck good quality reservoir.

BPCL plans to build an LNG import facility and pipeline infrastructure in India to transport gas from a Mozambique block in which it holds ...

The Tubarao discovery well was drilled to a total depth of around 4,237-metres in water depths of approximately 900 metres.

Videocon Industries and its partners including Amadarko, Cove Energy and BPRL have discovered gas in the Lagosta well in Mozambique.

State-owned Bharat Petroleum Corp said it has made a second natural gas discovery in a block off Mozambique, but did not give the scale of ...