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ONGC RIL PARTNERSHIP
ONGC and RIL agree to share resourcesState-run ONGC and Reliance Industries have agreed to share resources for upstream offshore operations in India's eastern offshore, includi...- Stocks in news: IndiGo, RIL, JSW Steel, Pine Labs, ONGCIndian markets experienced a volatile session, closing marginally lower due to a weakening rupee and caution ahead of the MPC meeting. Indi...
- BP bets on NEC-25 for gas surge, credits PM Modi's reformsBP Plc is targeting increased natural gas production in India, spurred by recent government reforms. The company, in partnership with Relia...
- BP sees growing opportunities in India: CEO Murray AuchinclossBP's global CEO Murray Auchincloss highlighted growing business opportunities in India, citing their partnership with Reliance Industries i...
- RIL, HPCL-Mittal Energy, Jindal group among JBF Petro suitorsSeparately, 98% of the lenders of JBF Industries exited by selling their loan exposure to CFM ARC last year. Listed JBF Industries does not...
- RIL-BP front-runner for picking 25% stake in Mundra TerminalState-owned Indian Oil Corp (IOC) and Oil and Natural Gas Corp (ONGC) are the other two firms shortlisted.
- Reliance, ONGC Videsh bid for oil blocks in MyanmarRIL has bid for three oil and gas blocks and ONGC Videsh Ltd for two in Myanmar's maiden offshore licensing round.
- Proposed deep-sea pact with Reliance Industries to cut costs heavily: Sudhir Vasudeva, ONGC chairmanThe MoU aims at working out the modalities for sharing of infrastructure, identifying additional requirements as well as firming up the com...
- Reliance Industries streamlines promoter holding; pares number of firms to 55RIL's 55 promoters currently comprise of six individuals, including its chief Mukesh Ambani and his family members, one trust and 48 corpor...
- 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...
- No govt roadblocks seen in RIL-BP dealOfficials in the Directorate General of Hydrocarbons (DGH) say that RIL will also require approval of the management committees of 23 block...
- OVL sets sights on US shale gas assetsIndia’s largest energy explorer Oil & Natural Gas’ (ONGC) foreign arm ONGC Videsh is set to acquire shale gas assets in the US.
- RIL may partner Mexico’s Pemex to set up refineryState-owned Mexican oil company Pemex and India’s Reliance Industries may soon forge a partnership to develop a large-capacity greenfield r...
- RIL goes back to ONGC for Venezuelan oil blockAfter the $14.5-billion LyondellBasell takeover deal turned sour, Reliance Industries (RIL) has renewed talks with the ONGC-led consortium ...
- Andhra wins four oil blocks with ONGC as lead partnerPower starved Andhra Pradesh has forayed into oil exploration, winning four out of five oil blocks that it bid for in the KG basin in partn...
- CAG rejects oil ministry's audit meet recordsCAG has accused the oil ministry of circulating records of two crucial meetings without its concurrence or confirmation on the issue of aud...
- Reliance to induct JV partner for fuel bizRIL will induct a partner into a planned new venture that will house its loss-making fuel retail biz.
- African oil majors on India visitAfrican oil majors Sonatach, Nigeria National Petroleum (NNPC), Sudapet and Petrosen, are all set for an India safari on an invitation of p...
- Common pipeline for oil basins soonCompanies engaged in exploration and production (E&P) of oil and gas in the Krishna-Godavari (KG) basin and Mahanadi basin may soon have co...
- India, Inc. looks to chart new avenuesCompanies are increasingly diversifying into new sectors that are booming and extremely profitable.
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