Cairn India plans to bid for shale acreages once the bidding process starts by 2013. According to the proposed policy, the contractor will also be exempted from payment of cess on shale oil.
Category: Oil & Gas
Post
Post
ONGC to sell stake
ONGC will shortly farm out nearly 26 per cent stake in its KG-DWN-2004/6 block in the Krishna-Godavari basin to Japan’s Inpex Corporation.
Post
14,000 km gas pipeline
According to a government statement, 14,000 km of natural gas pipeline infrastructure is under various stages of implementation in the country.
Post
GAIL cuts stake in ONGC proj
GAIL India has cut its equity stake in ONGC’s Dahej mega petrochemical project to 15.5 per cent after project cost further escalated by 9.5 per cent.
Post
KPT to set up oil jetty
Kandla Port Trust (KPT) plans to set up a Rs 233 crore oil jetty on build, operate, transfer (BOT) basis under public private partnership (PPP) mode.
Post
Centre plans debt restructuring for discoms
The Union Government has favoured rolling out restructuring package for power distribution companies (discoms).
Post
RIL-BP gas to AP
Reliance Industries and BP India are in talks with gas-starved power projects of Andhra Pradesh to supply long-term liquefied natural gas (LNG).
Post
Project management tools are key to global market capture
Indian companies engaged in O&G exploration are yet to fully exploit the marquee project management tools and processes in order to streamline the procedure for optimum results.
Post
RGTIL seeks pipeline project
Reliance Gas Transportation Infrastructure (RGTIL) has approached PNGRB with an Expression of Interest (EoI) to lay down a 300-km pipeline
Post
OVL to invest in Venezuela
ONGC Videsh (OVL), which has already invested $350 million, intends to invest an additional $500 million in the San Cristobel oil field in Venezuela.