ONGC may sell stakes to Shell

Oil Ministry has moved a Cabinet note to raise the price of natural gas produced by state-owned Oil and Natural Gas Corporation and OIL as well as private firms like Reliance Industries to $6.7, less than $8-8.5 hike previously expected.In a note for the Cabinet Committee on Economic Affairs, the ministry has proposed raising gas price for state-run firms immediately and that for RIL from April 2014, sources privy to the development said. ONGC/OIL and RIL currently get $4.2 per million British ...

Gujarat State Petroleum Corporation (GSPC), a Gujarat government-owned oil and natural gas entity, will be spending over Rs 2,000 crore on its proposed gas terminal at Mallavaram near Kakinada in East Godavari district of Andhra Pradesh. According to sources, ...

Waldron Energy Corporation (Waldron), formerly known as Triton Energy Corp., is a petroleum and natural gas exploration and production company. The company has principal exploration activities in the four areas in Alberta, namely, Ricinus, ...

Punj Lloyd Group has bagged the B-127 Cluster Pipeline Project (Project) in Mumbai from Oil and Natural Gas Corporation, worth Rs 730 crore. The Scope of work will include detailed engineering design, surveys, procurement, fabrication, load out, tie ...

Oil and Natural Gas Corporation's (ONGC's) foreign arm, ONGC Videsh Limited (OVL), and Oil India have started talking to bankers abroad to raise dollar bonds for their $5-billion acquisition of a 20 per cent stake in a gas field in Mozambique.

) Crowley Maritime Corporation's petroleum services group is entering the Liquefied Natural Gas (LNG) market by acquiring Carib Energy LLC. Florida-based Carib Energy, founded in 2011, was the first company to receive a small scale, 25-year, LNG ...

Natural gas company Pengrowth Energy Corporation (TSX:PGF.TO) (NYSE:PGH) declared on Monday its cash dividend of CAD0.04 per share on its common stock. The Canadian company has set the ex-dividend date as at 21 May 2013. This dividend is payable on ...

Wood is to make way for natural gas at nine crematoria in a green initiative taken up by the Brihanmumbai Municipal Corporation (BMC).

Oil Natural Gas Corporations board meeting will be held on May 29, 2013, to consider and approve the Annual Audited Financial Results prepared on stand-alone basis and annual audited consolidated financial results of the Company for the Financial Year ended ...