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SBI Should Declare Gujarat Petroleum Corporation Bankrupt: Jairam Ramesh
Citing a Reserve Bank of India (RBI) notification, senior Congress leader Jairam Ramesh on Monday said that the State Bank of India should declare Gujarat State Petroleum Corporation (GSPC) as bankrupt by 5 pm.
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ONGC Wins Government Nod For Rs 7,738 Crore GSPC Stake Buy
ONGC will make payments to GSPC "on fulfilment of certain conditions precedent," it said without elaborating.
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ONGC Turns To GSPC's Undersea Infra For KG Gas Output
ONGC last year agreed to buy Gujarat State Petroleum Corporation's (GSPC) 80 per cent interest in the KG-OSN-2001/3 block, which sits next to the state-owned firm's KG-DWN-98/2 or KG-D5 block.
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Petronet LNG In Talks To Buy Stake In GSPC's Mundra LNG Terminal: Report
GSPC first offered its 50 per cent stake in the project to state refiner Indian Oil Corporation (IOC).
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ONGC Signs Pact To Buy Out GSPC's KG Block Stake For $1.2 Billion
The company will close the deal and pay the Gujarat State Petroleum Corporation (GSPC) the money after regulatory approvals like government nod for transfer of PI (participating interest).
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ONGC To Buy 80% Stake In GSPC's KG Gas Block For $995 Million
ONGC said it will acquire 80 per cent stake in debt-laden Gujarat State Petrochemicals Corporation's KG basin gas block for $995.26 million.
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Indian Oil Keen To Buy 26% Stake In Gujarat State Petroleum's Mundra LNG Terminal: Report
The five-million-tonnes-a-year import terminal is nearing completion and GSPC is keen to exit the project completely.
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ONGC Signs Pact To Buy Stake In Gujarat State Petroleum Block: Report
The memorandum of understanding signed last week has a dispute resolution mechanism set out wherein any differences over issues like valuation or natural gas reserves would be referred to a three-member committee of outside experts.
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ONGC Board Approves Pact To Take Stake In Gujarat Petroleum Block: Report
State-owned Oil and Natural Gas Corp's board has approved signing of a preliminary agreement for buying stake in Gujarat Petroleum Corp Ltd's KG basin gas block.
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ONGC In Talks To Buy Stake In GSPC's KG Basin Block
State-owned Oil and Natural Gas Corp (ONGC) on Thursday said it is in talks to buy a stake in GSPC's KG basin block and has hired US-based consultant Ryder Scott to assess natural gas reserves.
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Opinion: No, Modi Government Is Not Untainted By Scams
During the time when PM Modi was Chief Minister of Gujarat, a grandiose announcement that his Gujarat State Petroleum Corporation (GSPC) had made the largest gas discovery - some 20 trillion cubic feet off-shore the Krishna-Godavari delta was made.
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Gujarat State Petroleum Seeks To Sell Majority Stake In Gas Block To ONGC: Report
State-owned Oil and Natural Gas Corporation (ONGC) is mulling buying a majority stake in Gujarat State Petroleum Corp's Krishna Godavari basin gas block which will help prevent the Gujarat government firm's loan worth Rs 19,500 crore from turning into a non-performing asset (NPA).
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In Talks With ONGC On Gas Field Stake Sale: Gujarat State Petroleum
Gujarat State Petroleum Corp (GSPC) on Monday said it is in talks with the country's top explorer Oil and Natural Gas Corp (ONGC) on selling a stake in its gas block off the east coast, to revive the challenging deep water field.
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Opinion: On Modi's Watch, 20,000 Crores Vanished. The Big "Gas Scam"
The GSPC saga is one of a company that claimed to solve India's energy problems in 2005 only to borrow a staggering 20,000 crores with absolutely nothing to show for it in 2016.
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Gujarat State Petroleum Cancels Tender For LNG Cargoes: Report
Gujarat State Petroleum Corp (GSPC) has cancelled a tender to purchase 12 liquefied natural gas (LNG) cargoes for delivery in 2016-17, two trade sources said.
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SBI Should Declare Gujarat Petroleum Corporation Bankrupt: Jairam Ramesh
Citing a Reserve Bank of India (RBI) notification, senior Congress leader Jairam Ramesh on Monday said that the State Bank of India should declare Gujarat State Petroleum Corporation (GSPC) as bankrupt by 5 pm.
-
ONGC Wins Government Nod For Rs 7,738 Crore GSPC Stake Buy
ONGC will make payments to GSPC "on fulfilment of certain conditions precedent," it said without elaborating.
-
ONGC Turns To GSPC's Undersea Infra For KG Gas Output
ONGC last year agreed to buy Gujarat State Petroleum Corporation's (GSPC) 80 per cent interest in the KG-OSN-2001/3 block, which sits next to the state-owned firm's KG-DWN-98/2 or KG-D5 block.
-
Petronet LNG In Talks To Buy Stake In GSPC's Mundra LNG Terminal: Report
GSPC first offered its 50 per cent stake in the project to state refiner Indian Oil Corporation (IOC).
-
ONGC Signs Pact To Buy Out GSPC's KG Block Stake For $1.2 Billion
The company will close the deal and pay the Gujarat State Petroleum Corporation (GSPC) the money after regulatory approvals like government nod for transfer of PI (participating interest).
-
ONGC To Buy 80% Stake In GSPC's KG Gas Block For $995 Million
ONGC said it will acquire 80 per cent stake in debt-laden Gujarat State Petrochemicals Corporation's KG basin gas block for $995.26 million.
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Indian Oil Keen To Buy 26% Stake In Gujarat State Petroleum's Mundra LNG Terminal: Report
The five-million-tonnes-a-year import terminal is nearing completion and GSPC is keen to exit the project completely.
-
ONGC Signs Pact To Buy Stake In Gujarat State Petroleum Block: Report
The memorandum of understanding signed last week has a dispute resolution mechanism set out wherein any differences over issues like valuation or natural gas reserves would be referred to a three-member committee of outside experts.
-
ONGC Board Approves Pact To Take Stake In Gujarat Petroleum Block: Report
State-owned Oil and Natural Gas Corp's board has approved signing of a preliminary agreement for buying stake in Gujarat Petroleum Corp Ltd's KG basin gas block.
-
ONGC In Talks To Buy Stake In GSPC's KG Basin Block
State-owned Oil and Natural Gas Corp (ONGC) on Thursday said it is in talks to buy a stake in GSPC's KG basin block and has hired US-based consultant Ryder Scott to assess natural gas reserves.
-
Opinion: No, Modi Government Is Not Untainted By Scams
During the time when PM Modi was Chief Minister of Gujarat, a grandiose announcement that his Gujarat State Petroleum Corporation (GSPC) had made the largest gas discovery - some 20 trillion cubic feet off-shore the Krishna-Godavari delta was made.
-
Gujarat State Petroleum Seeks To Sell Majority Stake In Gas Block To ONGC: Report
State-owned Oil and Natural Gas Corporation (ONGC) is mulling buying a majority stake in Gujarat State Petroleum Corp's Krishna Godavari basin gas block which will help prevent the Gujarat government firm's loan worth Rs 19,500 crore from turning into a non-performing asset (NPA).
-
In Talks With ONGC On Gas Field Stake Sale: Gujarat State Petroleum
Gujarat State Petroleum Corp (GSPC) on Monday said it is in talks with the country's top explorer Oil and Natural Gas Corp (ONGC) on selling a stake in its gas block off the east coast, to revive the challenging deep water field.
-
Opinion: On Modi's Watch, 20,000 Crores Vanished. The Big "Gas Scam"
The GSPC saga is one of a company that claimed to solve India's energy problems in 2005 only to borrow a staggering 20,000 crores with absolutely nothing to show for it in 2016.
-
Gujarat State Petroleum Cancels Tender For LNG Cargoes: Report
Gujarat State Petroleum Corp (GSPC) has cancelled a tender to purchase 12 liquefied natural gas (LNG) cargoes for delivery in 2016-17, two trade sources said.
