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About 36 results for "gspc"

ONGC signs pact to buy out GSPC's KG block stake for $1.2 bn

State-owned Oil and Natural Gas Corporation (ONGC) has signed definitive agreements to buy out debt-ridden GSPC's entire 80 per cent stake in KG-basin natural gas block for USD 1.2 billion. DNA, 1 week ago

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Money Control, 1 month ago
Financial Express, 2 months ago
Seeking Alpha, 2 months ago
Seeking Alpha, 2 months ago
Indian Express, 2 months ago
Deccan Chronicle, 2 months ago
Money Control, 2 months ago
The Freepress Journal, 2 months ago
Nasdaq, 2 months ago
Moneycontrol.com, 2 months ago
Money Control

ONGC board approves acquisition of GSPC stake for $1.2 bn

ONGC to acquire 80% of GSPC's stake in KG-basin natural gas block
 Business Standard1 month ago ONGC board approves pact to acquire GSPC stake for $1.2 bn  DNA1 month ago ONGC board okays GSPC deal  Business Standard1 month ago ONGC, GSPC to tie up for KG block exploration  Business Standard2 months ago

GSPC mulls revamp post-ONGC deal

After selling its stake in KG gas block to ONGC for $1.2 billion, Gujarat State Petroleum Corp (GSPC) is mulling major financial restructuring including trimming stake in some businesses such as LNG and portfolio readjustment, its managing director J.N. Singh ...
 The Hindu2 months ago GSPC looks at financial restructuring post ONGC deal  Business Standard2 months ago ONGC not to take over GSPC debt; deal to retire only 40% of PSU's loan  Business Standard2 months ago

GSPL commissions pipeline for PNG supply to Maruti, Honda plants in Gujarat

Gujarat State Petronet Ltd (GSPL), a subsidiary of the state-promoted GSPC Group, has commissioned the Mandali-Becharaji pipeline to supply natural gas for manufacturing in the North Gujarat plants of automobile majors Maruti Suzuki India Ltd (MSIL) and Honda ...
 Business Line1 month ago
Rediff.com

How ONGC plans to develop fields in Krishna Godavari basin

The company has chalked out a detailed plan for development of its existing KG basin assets after integration with GSPC facilities. The country’s largest hydrocarbon producer, Oil and Natural Gas Corporation plans to spin off its difficult fields into a separate division that includes Gujarat State Petroleum Corporation's Deen Dayal Upadhyaya discovery in the Krishna Godavari basin. Besides, the company has chalked out a detailed plan for development of its existing KG basin assets after ...
 Rediff.com2 months ago ONGC plans separate division for difficult fields  Business Standard2 months ago

Gujarat govt rebuts Congress, says no underhand dealing in gas field

ONGC will buy GSPC's entire 80 per cent stake in the block
 Business Standard2 months ago Guj govt rebuts Cong, says no underhand dealing in gas field  Business Standard2 months ago
Money Control

Jairam Ramesh seeks Sebi probe into ONGC's GSPC stake buy

Calling for a Sebi probe into ONGC's sudden decision to buy GSPC's stake in KG basin gas block for USD 1.2 billion, Congress MP Jairman Ramesh today said the PSU had flouted listing guidelines and did not secure approval of minority shareholders for the ...
 Business Standard2 months ago
Money Control

Despite GSPC buyout, ONGC financials strong enough, says SP

Given the continuing upward trend in global crude oil prices should help the national explorer ONGC to maintain its credit profile despite the recent leveraged buyout of Gujarat State Petroleum's oil blocks for USD 1.2 billion, says a report.
 Money Control2 months ago

ONGC cleared GSPC deal without enough independent directors

Had only three IDs on 12-member board, against requirement of 50%; govt aware of vacancies
 Business Standard2 months ago

Dharmendra Pradhan dismisses Congress' charges on ONGC-GSPC deal

Oil Minister Dharmendra Pradhan today dismissed Congress MP Jairam Ramesh's charges of government pressure behind ONGC buying out GSPC in KG gas block, saying it is a commercial deal and mergers and integrations are an order of the day in oil and gas sector.
 One India2 months ago
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