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Moily to meet investors in Mumbai this week

Moily to meet investors in Mumbai this week

To restore investors' confidence in oil and gas sector Union Petroleum Minister Veerappa Moily will meet investment bankers and top industry executives in Mumbai next week. The meet has been schedule before launching the tenth bidding round of exploration blocks.

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Infrascape 2013 | Opening up of FDI should improve investment

Infrascape 2013 | Opening up of FDI should improve investment

The oil and gas sector was once again marred by mounting under-recoveries with upstream public sector oil companies tak­ing a hit of Rs 30,200 crore during April-September 2012 period, a 39 per cent rise in the bur­den compared with the same period last year.