Videocon Industries, which has 10 per cent interest in a Mozambique oil and gas block operated by joint venture partner Anadarko Petroleum, wants to bring its share of gas to India and sell it.
Tag: oil and gas
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More oil from Bahrain
Bahrain plans to augment the export of crude oil and finished products to India. In return, the country plans to benefit from the expertise of Indian manpower in the oil and gas sector.
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OVL gets breather
ONGC Videsh's (OVL) plan to acquire in Kazakhstan's Satpayev offshore exploration block has got a boost with the Kazakhstan government assuring India that it has solved the issue of protesting workers
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On the foothills of an uncertain year
One of the key challenges in infrastructure is facilitating the flow of projected but large amounts of capital into infrastructure. Current trends indicate that there might be a funding shortfall of over $300 billion,
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$75 bn investment in oil & gas sector in 2012-17
India expects Rs 3.90 trillion ($75 billion) to be invested in its oil and gas sector from April 2012 to March 2017. The development plan incluÂdes exploration, production, reÂfining, marketing, storage,
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BHEL eyes power projects in Africa
State-owned Bharat Heavy Electricals Ltd (BHEL) will develop power projects in Uganda and Nigeria as part of India's plans to broaden economic engagement with African countries to secure access to oil and gas blocks in the continent.
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Sahara enters O&G sector
The Sahara group has entered the oil and gas sector with the purchase of EnSearch Petroleum Pvt Ltd from Vinay Maloo-promoted Enso Group. EnSearch Petroleum has 13 assets in its portfolio with a net combined acreage of around 33,207 sq. km.
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Essar to explore CBM overseas
Essar Group is keen to use its expertise to prospect for coal-bed methane (CBM) overseas, and is looking to enter into strategic partnerships with other oil and gas companies to do this.The group is in talks with four of China’s largest oil and gas producing companies.
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Quippo plans oil exploration
Quippo Oil & Gas Infrastructure (QOGIL), promoted by Srei Infrastructure, aims to start its oil and gas exploration at Cambay Basin in Gujarat during the current fiscal.
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ONGC leads in 10 blocks at Nelp-9
Oil and Natural Gas Corporation (ONGC) has emerged the provisional winner for close to 10 out of the 29 blocks it has bid for in the ninth round of the New Exploration Licensing Policy (Nelp).