ONGC Mittal Energy, a joint venture between ONGC Videsh and Mittal Investment Sarl, has reportedly told the Nigerian government that it would explore the OPL-285 oil and gas block only if it is waived of the attendant investment commitment. It may be recalled that the joint venture firm secured exploration rights in OPL-279 and OPL-285 block
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A new logistics park is on the anvil at JNPT
JNPT is examining the setting up of a new logistics park in JV with the DFC. Albeit mired by delays, the portĆ¢ā¬ā¢s expansion plans envisage an augmentation of nearly 5 mn containers each year.Luxman Radhakrishnan, Chairman, JNPT, explains to Shashidhar Nanjundaiah.

