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More oil from Bahrain

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

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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Sahara enters O&G sector

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 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 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

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).

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Budget Analysis: Thumbs up … well, almost

Budget Analysis: Thumbs up … well, almost

The infrastructure investment will reach 8.37 per cent of GDP in the terminal year of the 11th Plan (2011-12). Net bank credit to infrastructure has increased by 59 per cent over previous year. However, total FDI inflows during April-November 2010 were 26.67 per cent lower compared to the inflows during the same period in the previous year.