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RATNA OILFIELDS
Balmer Lawrie to add more business verticals over three years: CMDBalmer Lawrie plans to diversify its business verticals by adding new units such as FTWZ and ethanol production. The company aims to increa...
India may give oil field in lieu of $1.4 billion it has to pay Cairn and save overseas assetsFor a government struggling to find revenue to boost a COVID-19 battered economy, options of appeal against the arbitration award are limit...
After Market: Smallcaps lose steam, IIFL Holding sees spurtFor the week, Sensex jumped 1,353 points, or 3.7%, and Nifty climbed 391 points, or 3.55%.
ONGC to begin oil production from Ratna R-Series field in 2019The Ratna and R-series oil fields hold an estimated 87 million barrels of oil and 1.2 billion cubic metres of gas reserves.
If GST gets through in monsoon session, these 5 stocks can workThe S&P BSE Sensex has put up a strong show since May, largely on expectations of a normal monsoon and passage of the GST bill in the monso...
By 2022, our oil import will fall by 5%: Dharmendra Pradhan, oil ministerPradhan said initiatives taken by the government will help to cut India’s oil import dependence by 10% compared to earlier projections.
Cabinet nod for new gas pricing; exploration regime liberalisedReliance’s partner BP welcomed the decisions saying that, apart from spurring investment, they would also help develop a competitive gas ma...
Uncertainty over natural gas prices, fatte of RIL discoveries among key issues officials will highlightIn addition to the presentations that will be made to the new minister, officials have also prepared a note for the Cabinet secretary, who ...
Oil ministry plans to take 19 crucial policy decisions by FebruaryOil ministry plans to take 19 crucial policy decisions, which include seeking bank guarantees from RIL for a sharp fall in gas output.
Oil minister Veerappa Moily slams bureaucrats for favouring termination of Essar contractIn an unusually stern note, Moily admonished bureaucrats for damaging investor sentiment, risking the credibility of the ministry, which is...
- Finance Ministry questions secretary panel deciding fate of Essar oilfields
The Finance Ministry has questioned a move to ask a panel of secretaries to decide on the fate of award of Ratna and R-Series oilfields to ...
- Essar Energy hopes to double revenue in FY12
Essar is implementing a turnaround plan for the refinery which it recently acquired in a $350-million deal from Shell.
- Bureaucratic apathy holds up any possible increase in oil & gas production
State-run oil cos appear caught between regulatory mire, while rising price of crude & fuel price revisions threaten to render them bankrup...
- Cochin Shipyard, Ennore Port, DCI stake sale not in FY'12: Shipping Ministry
The Shipping Ministry today said it has put on hold plans for stake sale in Cochin Shipyard, Ennore Port and DCI, finding the proposals not...
- Essar-led consortium likely to bag Ratna, R-series oilfields
The government is all set to award the Ratna and R-series oilfields to a consortium led by Essar after a delay of around 11 years on origin...