Overseen by PM Narendra Modi and Russian President Vladimir Putin, Ruias’ Essar Group on Saturday sealed a $13-billion
Ruia-owned Essar Group on Saturday sealed a $13-billion (Rs 86,100 crore) deal to sell 98% stake in its flagship 20…
The deal would help Essar to leverage it’s high debt portfolio to the tune of Rs 88,000 crore at the…
After potential investors from overseas sought more time to analyse data of 67 discovered oil and gas blocks under auction,…
India’s public-sector hydrocarbon companies, namely ONGC Videsh (OVL), Indian Oil (IOC), Oil India (OIL) and Bharat PetroResources (BPRL), are unlikely…
To address one of the key concerns of investors about lack of robust data on India’s hydrocarbon fields, the government…
ONGC is proceeding extremely warily on a plan to take over the gas assets of the Gujarat government-owned GSPC, given…
With the help of the tax department, public sector oil marketing companies have identified nearly 7.9 lakh domestic LPG consumers…
UK-based BP Plc has been granted the licence by the petroleum ministry to set up 3,500 retail fuel stations to…
Even though negotiations between GSPC and ONGC in this regard started as early as October 2015, this is the first…
Clearing the ambiguity over the funding of operating costs of the Goods and Services Tax Network (GSTN), the government has…
Paving the way for start-up firms and new players with little experience in operating hydrocarbon blocks, the country’s two public…
The government grossed around R56,792 crore at the end of the second day of the spectrum auction on Monday. This…
The petroleum ministry has given its go-ahead for the proposal by Haldia Petrochemicals to start retailing of transportation fuels. The…
Around 2.5 crore domestic LPG consumers would be denied subsidy for their failure to link their bank accounts with the…
Has India turned over a new leaf as far as exploration of hydrocarbons is concerned?
The GST Council, that will meet here on Friday, will have the hard task of identifying the items to be…
India, the third-largest crude oil consumer globally and which benefited due to fall in prices, believes it has to be…
