- Paulson buys stake in HP, Transocean
Paulson & Co, the $36-bn hedge fund founded by John Paulson, took a stake in HP and increased its holding of Transocean, adding cos undergo...
19 May, 2011, 04.44 AM IST
- US sues BP and others over Gulf oil spill
The US alleged violations of federal safety and operational regulations which caused or contributed to the oil spill that began on Apr 20 a...
16 Dec, 2010, 10.44 AM IST
- BP report blames itself, others for oil spill
BP took some of the blame for the Gulf oil disaster in an internal report issued on Wednesday, acknowledging among other things that it mis...
09 Sep, 2010, 11.15 AM IST
- BP accused of withholding 'critical' spill data
The company that owned the oil rig that exploded in the Gulf of Mexico is accusing BP of withholding critical evidence needed to investigat...
20 Aug, 2010, 06.07 AM IST
- Transocean gets 249 lawsuits, claims over oil spill
Close to 250 lawsuits or claims have been filed against Transocean, the company which owns the BP-leased offshore rig behind the huge Gulf ...
06 Aug, 2010, 03.58 AM IST
- US criminal probe into oil spill ongoing: US official
The US Justice Department is still investigating the causes of the Gulf of Mexico oil spill to determine whether to bring criminal charges,...
11 Jul, 2010, 07.42 PM IST
BP rig worker saw leak on safety equipment: ReportA man said he saw a leak on safety equipment weeks before the blast that led to the worst oil spill in US history.
21 Jun, 2010, 09.18 PM IST
- Investors flee BP and drilling companies
Investors pummeled shares of oil drillers and BP on Tuesday, after President Barack Obama talked tough about dealing with the worst oil spi...
09 Jun, 2010, 04.07 AM IST
- RIL suspends drilling with Transocean equipment
Exploration was suspended due to mechanical issues. Explosion on Transocean's drillship caused an oil leak in US last month. Reliance Indus...
26 May, 2010, 03.14 PM IST
- RIL leases ultra-deepwater drillship for exploration
Reliance Industries has leased a brand new ultra-deepwater drillship to boost its eastern offshore exploration campaign.
10 Mar, 2010, 04.40 PM IST
- Transocean nearly doubles 2Q earnings after buyout
Transocean Inc., the world's largest offshore drilling contractor, says its second-quarter profits nearly doubled after buying smaller comp...
06 Aug, 2008, 10.12 PM IST
- Transoceanic open offer rescheduled
The open offer to the shareholders of Poddar Infrastructure Ltd (formerly known as Transoceanic Properties Ltd) has been rescheduled to Jan...
02 Jan, 2008, 02.11 PM IST
- RIL gets Transocean rig for $935 mn, to form JV
Reliance Industries (RIL) will hire a ultra-deepwater drillship ‘Deepwater Pacific 1’ from the world’s largest offshore drilling contractor...
03 Nov, 2007, 04.34 AM IST
- Reliance, ONGC in race to hire Transocean drillships
Upstream companies Reliance Industries (RIL) and Oil and Natural Gas Corporation (ONGC) are in a race to hire drillships from Transocean, t...
11 Oct, 2007, 03.14 AM IST
- Reliance may miss June ‘08 deadline to produce KG gas
Reliance Industries (RIL) is likely to miss the June 2008 deadline for commercial production of gas from the Krishna Godavari (KG) basin.
19 May, 2007, 01.47 AM IST
- Essar Oilfields acquires rig for 220 mn dollar
Essar Oilfields Services Ltd, a a subsidiary of Cyprus-based Essar Shipping and Logistics Ltd, said on Wednesday that it has acquired a sem...
21 Dec, 2006, 03.15 PM IST
- Reliance deploys two more rigs on gas field
Reliance Industries will deploy two deep-water drilling rigs on its gas rich Block D6 off the Andhra coast this year as it chases more oil ...
02 Oct, 2006, 02.20 PM IST