Oil and Natural Gas Corporation Ltd (ONGC.BO)
9 Oct 2015
MOSCOW - There is no pressure for U.S. energy major ExxonMobil to leave Russia's Sakhalin-1 oil and gas project, Yuri Trutnev, Deputy Prime Minister and Presidential Envoy to Russia's far east, said.
HONG KONG - Finance Minister Arun Jaitley said on Monday he hopes the economy will grow faster this year than last, and expects that Asia's third-largest economy will not see a big hit from China's slowdown.
HONG KONG - Indian Finance Minister Arun Jaitley said on Monday he hopes the economy will grow faster this year than last, and expects that Asia's third-largest economy will not see a big hit from China's slowdown.
NEW DELHI - India is set to ease the rules for new oil and gas exploration blocks to lure foreign investment and tap the nation's vast energy resources in a bid to cut its crude import bill.
NEW DELHI - ONGC Videsh, the overseas investment arm of explorer Oil and Natural Gas Corp , this month submitted a revised proposal seeking the development rights of Iran's giant gas field Farzad B, its managing director said on Monday.
RIO DE JANEIRO - Brazil's National Petroleum Agency (ANP) ruled that Royal Dutch Shell and its Qatari and Indian partners need to treat oil and gas fields in the Parque das Conchas area as a single deposit, Shell said, a move that could increase taxes on output.
SINGAPORE - Indian refiner Bharat Petroleum Corp Ltd is set to import a rare cargo of Sokol crude from Russia's Far East as it takes advantage of a regional glut to secure cheaper oil.
SINGAPORE/NEW DELHI - Oilfield services firms are scrambling for contracts from India, which has emerged as a rare bright spot for the sector hardest hit by a slump in global crude oil prices that has driven most countries to slash spending on exploration and production.
NEW DELHI - India took a step toward selling minority stakes in eight state-run companies including Oil India Ltd and power generator NTPC on Friday, part of a drive to sell off $11 billion of government assets this fiscal year.
NEW DELHI - ONGC Videsh is withdrawing from the Poco-Verde area in the Sergipe-Alagoas offshore basin where Brazil's state-run Petroleo Brasileiro SA recently discovered a new light oil deposit, the company said in a statement on Thursday.