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ONGC arm raises $75 million via bonds

31-12-2009| Source:Reuters

ONGC Videsh (OVL), the overseas arm of India's Oil and Natural Gas Corp, has raised about Rs 3.5 billion (USD75 million) via bonds.

S. Korea, China, UAE win Turkmen gas deal: Sources

30-12-2009| Source:Reuters

Firms from China, South Korea and the United Arab Emirates have won USD 9.7 billion worth of contracts to develop Turkmenistan's largest natural gas deposit, government sources in the Central Asian

Azerbaijan may double gas exports to Russia in 2010

27-12-2009| Source:Reuters

Azerbaijan may double natural gas supplies to Russia from a previously planned 500 million cubic metres in 2010, the head of Azerbaijan state energy firm SOCAR said on Saturday.

Licence to drill: The man who fueled Cairn India's growth

24-12-2009| Source:Forbes India

, it also made the company a darling of the Indian government. The then oil minister, Mani Shankar Aiyar, even asked the state-run Oil and Natural Gas Corp (ONGC) to take lessons from the smaller, nimbler

Hold ONGC, says Sharmila Joshi  

23-12-2009| Source:CNBC-TV18

Hold Oil and Natural Gas Corporation (ONGC), says Sharmila Joshi, Investment Advisor.

HPCL has target of Rs 420-425: Mohindar  

23-12-2009| Source:CNBC-TV18

hold on and keep a stoploss at Rs 370. You can add in at about Rs 392-393 and trade in for Rs 420.He further added, In Oil and Natural Gas Corporation (ONGC), the majority of the price movement has been

ONGC unit bond coupon seen at 8.4%: Sources

23-12-2009| Source:Reuters

The overseas arm of India's Oil and Natural Gas Corp is expected to set an 8.40% coupon on bonds it is selling to raise up to Rs 24 billion

Gas case: Hearing ends; solicitor general makes final pitch  

18-12-2009| Source:CNBC-TV18

The latest development in Reliance Industries (RIL)-Reliance Natural Resources (RNRL) case is that hearings are finally concluded in the Supreme Court. All parties will be making written submissions

ONGC examining viability of Iran projects

18-12-2009| Source:Reuters

Oil and Natural Gas Corp is examining the viability of investment in Iranian gas projects, minister of state for petroleum and natural gas Jitin Prasada

Gas case: Jethmalani trains guns on RIL, again

18-12-2009| Source:CNBC-TV18

Ram Jethmalani, the counsel for Reliance Natural Resources, continued his tirade against RIL in the Supreme Court on Thursday in the Ambani gas case. Jethmalani hit out at the RIL cousel and at RIL

India says Qatar to consider request for extra LNG

17-12-2009| Source:Reuters

Qatar has agreed to consider India's request to supply an additional 5 million tonnes of liquefied natural gas (LNG) a year on a long-term basis, India's oil ministry said on Wednesday.

OPEC predicts rising oil demand, market still weak

16-12-2009| Source:Reuters

natural gas liquids (NGLs) and non-conventional oils -- which are not subject to the producer groups' output quotas -- are expected to average 5.26 million bpd in 2010, an increase of 490,000 bpd over

ONGC unit plans $515 mn bond issue: Sources

16-12-2009| Source:Reuters

ONGC Videsh (OVL), the overseas arm of India's Oil and Natural Gas Corp (ONGC), plans to raise up to Rs 2,400 crore (USD 515 million) via bonds, two sources with direct knowledge of the matter said

Exxon Mobil to buy XTO Energy for $40 bn

15-12-2009| Source:Reuters

Exxon Mobil Corp will buy XTO Energy Inc for about USD 30 billion in stock, in a move that thrusts the US energy giant to the forefront of North America's fast-growing natural gas industry.

China`s Hu boosts energy ties with Central Asia

13-12-2009| Source:Reuters

Chinese leader Hu Jintao opened the Kazakh section of a new Central Asia-China gas pipeline on Saturday, tightening Beijing's control over natural resources in the vast energy-rich region.

RIL-RNRL case: MoU is a private matter says govt  

08-12-2009| Source:CNBC-TV18

The government is obviously refering to RNRL's allegations that the Petroleum Ministry is biased towards RIL and that's why it has approved a higher gas price and an inflated capex for the Krishna

No loss to govt if gas valued at $4.2 but sold at $2.3:RNRL  

08-12-2009| Source:CNBC-TV18

In a new twist to the ongoing Reliance Industries-Reliance Natural Resources case, RNRL has filed an additional affidavit in the Supreme Court today, sources told CNBC-TV18.

Japan's Itochu, Mitsui eye 25% in ONGC arm

08-12-2009| Source:Reuters

Oil and Natural Gas Corp has received bids from Japanese firms Itochu Corp and Mitsui & Co to buy a 25 percent stake in a unit of the Indian energy major, the Economic Times said.

ONGC eyes Kosmos' stake in Ghana

07-12-2009| Source:Reuters

Ghana's Deputy Energy Minister Emmanuel Armah-Kofi Buah said on Monday that India's Oil and Natural Gas Corp was among the firms interested in buying the stake of Kosmos Energy in a field in his

ONGC Videsh plans refinery in Nigeria

07-12-2009| Source:Reuters

ONGC Videsh, the overseas investment arm of state-run Oil and Natural Gas Corp, is planning to set up a greenfield refinery in Nigeria.

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