- ICVL may drop outright purchase of Australia's Washpool coking coal project
Consortium may buy a small stake in Washpool; team up with current owner, Aquila Resources, to implement the project.
- Indian, Chinese cos to bid for Premier Coal
UBS and Gresham Advisory Partners are running the sale mandate for Wesfarmers, the parent company that has put the asset on the block.
- ONGC in talks for Australia’s Advent Energy
A consortium of India’s top state-run energy firms, led by exploration giant ONGC, is in talks to acquire a 25% stake in Australia’s Advent...
- Investment-based tax gains announced for Nelp-IX
Energy explorers will get tax incentives based on their investments in the ninth round of auctions for oil and gas exploration blocks, repl...
- BPCL plans Rs 50k-cr expansion
BPCL plans to invest Rs 50k-cr in the next 5 yrs for expansion of refinery capacity, overseas acquisitions of assets and setting up power p...
- BPCL, HPCL, IOC surge on price hike hopes
Shares of oil marketing companies surged on expectations that price hike may be on the cards.
- BPCL arm acquires stake in two Australia shale gas blocks
BPCL said Bharat PetroResources has entered into an agreement with Norwest Energy to pick up a stake in two shale gas blocks in Perth Basin.
- Essar sweetens Aussie coal miner bid
The Essar Group company on Wednesday confirmed that it had put in a bid of 50 cents for every share of Rocklands, which is higher than the ...
- Energy biggies shrug off Ambani shadow on NELP
Global energy majors will take investments decision based on the prospectivity of Indian sedimentary basins and the country's competitive b...
- Ambani dispute to have no impact on NELP auction: Govt
India today relaunched its largest ever auction of oil and gas exploration areas, aiming to attract an investment of $3-4 bn. Mukesh Ambani...
- India relaunches largest auction of oil, gas areas
India today relaunched its largest ever auction of oil and gas exploration areas, aiming to attract USD 3-4 billion investment towards boos...
- Australia's Origin Energy foresees 10 pc profit growth
Australian coal seam gas producer Origin Energy forecast Thursday a 10 pc rise in profit as it tries to block a hostile 13.8-bn-dollar take...
- Global oil giants tune into NELP-VII
Leading executives of 28 overseas companies attended the first NELP roadshow in Mumbai on Tuesday.
- Australian climate changing, experts say
Australia experienced one of its hottest years on record in 2007, and climate experts have warned that the higher temperatures are likely a...
- Nelp-VII makes special offer for small investors
The government is expecting to attract $3.5 billion investments in oil and gas exploration under the seventh round of new exploration licen...
- Auctioning of oil & gas exploration blocks to start on Nov 5
The government will launch the much-delayed seventh round of auction for oil and gas exploration blocks under NELP on November 5 by offerin...
- NELP-VI may get bids from 44 cos
Twenty-nine foreign firms including BHP Billiton, Anadarko, Petronas Carigali, ConocoPhillips, Shell, ONGC and Reliance are among the 44 oi...