Oil & gas
Petronas plans to invest $36 bn in British Columbia LNG project
09 Oct 2013
Petronas expects to make a final decision on the LNG project investment in late 2014 depending on how liberal the government of British Columbia is about the planned LNG export tax rates
Sole bidder Indian Oil bids below Rs3,000 cr for 31% Haldia Petro stake
07 Oct 2013
The Chatterjee Group, a joint promoter of Haldia Petroleum, has the right of first refusal over the West Bengal government’s stake and has 30 days to match the bid, and another month to make payments
Cabinet clears $5.12-bn OVL-OIL purchase of gas assets in Mozambique
04 Oct 2013
ONGC Videsh Limited and Oil India Limited will acquire 20 per cent participating interest in Rovuma Area 1 offshore block in Mozambique in two different transactions
RIL, IOC, GAIL-OIL lead race for Haldia Petrochem stake
04 Oct 2013
RIL, which is considered the frontrunner for buying Haldia Petrochemicals' stake, could face formidable competition from the state-owned combine of GAIL and OIL
Petrol down by Rs3.05 per litre; diesel 50 paise costlier
01 Oct 2013
The current downward revision in petrol prices has become feasible because of a reduction of international prices of crude oil
