Oil & gas
ONGC’s $5-bn bid for stake in Kashagan oilfield hangs in balance
By By Ravi Kunder | 22 May 2013
ONGC will have to wait until 2 July to find out the fate of its proposed $5 -billion acquisition of ConocoPhillips 8.4-per cent stake in the giant Kashagan oilfield. Ravi Kunder reports
Oil ministry proposes unit price of $6.7 for natural gas
20 May 2013
The new pricing formula would apply to all forms of natural gas, including conventional, shale and coal-bed methane (CBM), and across all consuming sectors
US approves $10-bn LNG export facility in Texas
20 May 2013
The US energy department has conditionally authorised Freeport LNG Expansion LP and FLNG Liquefaction LLC to export LNG to countries that do not have a free trade agreement with the US.
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