Oil & gas
RIL to hike KG-D6 gas output
03 Jan 2014
Reversing its claims of falling output just days after the union cabinet allowed RIL to double the sale price of natural gas, the company today said it will add about 1-3 million standard cubic meters per day to gas production at its KG-D6 fields
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.
