UK-based Cairn Energy has raised the pitch ahead of a majority stake sale in its Indian subsidiary to mining major Vedanta Resources, led by Anil Aggarwal. On Thursday, Cairn Energy
An empowered group of ministers (eGoM) headed by finance minister Pranab Mukherjee will decide on deregulating diesel prices for retail consumers ahead of the proposed follow-on-public offers (FPOs) of ONGC
UK-based Cairn Energy on Thursday sought government’s approval for transferring three pre-Nelp blocks to Anil Agarwal promoted Vedanta Resources.
Oil Industry Safety Directorate (OISD) will take charge of all oil and gas installations’ safety and security. The OISD would be given statutory powers to draw up norms on
THE finance ministry has proposed to exempt crude imports made under adva nce authorisation scheme from levy of national calami ty contingency duty (NCCD). At present the levy is
ONGC Videsh (OVL) has lost out to Russia’s TNK-BP in its bid for 35 per cent stake in British Petroleum’s assets in south Vietnam, valued at $1.8 billion
India’s offer of 34 oil and gas blocks may come unstuck as no tax sops have been announced for the ninth round of auction under New Exploration and Licensing Policy
India will have to wait for another two to three years to shift to open acreage licensing policy (Oalp) for exploitation of hydrocarbon blocks. The setting up of National
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