Sesa Goa, owned by miner Vedanta Resources, said on Wednesday it had bought an additional 1.5% stake in Cairn India at an average price of Rs 325 a share through a stock market deal.
Sesa Goa said ...
London-listed Vedanta Resources Plc said it has satisfied all conditions for acquisition of Cairn India. Vedanta is buying 40% stake of British oil firm Cairn Energy Plc in Cairn India for about $6 billion. In a ...
Production is expected to begin in May 2014 from a cluster of oil and gas fields in the Mumbai High area offshore western India to be developed by state-owned Oil & Natural Gas Corp.
The B-127 cluster, ...
The Home Ministry has given its approval to London-listed miner Vedanta Resources’ buying majority stake in Cairn India for $8.7 billion.
The Home Ministry, while giving the security no-objection certificate (NOC), highlighted eight areas of concern, including ...
The Finance Ministry will decide on the date of the follow-on offer of Oil and Natural Gas Corp (ONGC) after the government appoints independent directors for the state-owned company. “We will file draft papers again once ...
State-owned Oil and Natural Gas Corporation (ONGC) is investing nearly Rs 25,000 crore in bringing to production nearly a dozen marginal oil and gas fields by 2014. “ONGC has taken up the development of marginal fields ...
Rebuking criticism over the sale of condensate from its KG-D6 fields to the company’s refinery in Jamnagar, Reliance Industries (RIL) has said it followed a competitive bidding process in which state-owned HPCL was outbid.
RIL Senior Vice-President ...
Reliance Industries (RIL) has shut four wells in its flagship KG-D6 gas fields off the east coast due to high water ingress leading to output dipping to 41 million standard cubic metres per day (mmscmd).
The Dhirubhai-1 ...
Reliance Industries (RIL) is the largest loser among Sensex stocks, losing 3% at Rs 762, after sending an arbitration notice to the ministry of petroleum and natural gas (MoPNG) over its move to disallow some of ...
