Oil & gas
ONGC to acquire 80% in GSPC’s KG basin gas block for $995 mn
24 Dec 2016
ONGC will pay part consideration of $200 million to GSPC towards future consideration for six discoveries other than Deen Dayal West Field in the KG basin
Obama bans new oil, gas drilling off Alaska
21 Dec 2016
The ban is seen as President Obama’s last push to save environment as incoming President Donald Trump has said he would expand offshore oil and gas drilling
The deepwater horizon aftermath
21 Dec 2016
BP to buy stakes in offshore gas projects in West Africa from Kosmos for $3.4 bn
20 Dec 2016
The proposed acquisition comes days after BP agreed to buy 10-per cent stake in French energy giant Eni's giant Zohr offshore gas field field in Egypt
