Oil & gas
Shell may sell remaining stake in Woodside for $7.4 bn: report
03 Jan 2014
Potential buyers of the stake could include the sovereign wealth funds of the Middle East
ONGC, Shell acquire Petrobras' stake in Brazilian offshore oil block for $1.64 bn
31 Dec 2013
OVL, the overseas arm of state-run explorer Oil and Natural Gas Corp (ONGC) and Royal Dutch Shell yesterday acquired the remaining 35 per cent of a Brazilian offshore oil block, not already owned by them, for $1.64 billion, from Petroleo Brasileiro SA (Petrobras)
ONGC Videsh exits strife-torn Sudan, evacuates employees
24 Dec 2013
Oil & Natural Gas Corp has evacuated all its personnel, including 11 executives, from its oil projects in Sudan after violence escalated in the strife-torn African country on 15 December.
Reliance spurts as cabinet okays doubling price for KG-D6 gas
20 Dec 2013
Agreeing to a suggestion by RIL, the cabinet allowed the price hike on condition that the company will furnish a bank guarantee equal to the incremental revenue it would generate from the increase
