Gujarat State Petroleum Corporation
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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 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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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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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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PSU Oil Firms Book 60% Floating Terminal Capacity Of Swan Energy: Report
State-owned Oil and Natural Gas Corp (ONGC), Indian Oil Corporation (IOC) and Bharat Petroleum Corporation Ltd (BPCL) have booked 60 per cent of the capacity of Swan Energy Ltd's upcoming floating LNG terminal off the Gujarat coast, giving the Nikhil Merchant-led firm the much-needed backing to complete the Rs 5,600-crore project.
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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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IL&FS Engineering Commissions Pipeline Project in Gujarat
The company is currently executing an EPC contract from Indian Strategic Petroleum Reserves Limited (ISPRL), Ministry of Petroleum and Natural Gas that involves laying of pipeline from Mangalore Port to Mangalore/Padur Cavern for storage of crude oil.
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Oil Ministry Clears Development of Rs 1.5 Lakh Cr Discoveries
Ending months of logjam over discoveries mired in contractual disputes, the Oil Ministry has used the recently granted freedom to clear development of oil and gas discoveries worth about Rs 150,000 crore.
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Adani-GSPC to Build Rs 4,500-Crore Mundra LNG Terminal by 2016-end: Report
Adani Group and Gujarat State Petroleum Corp (GSPC) will set up a Rs 4,500-crore LNG import terminal at Mundra SEZ in Gujarat by December 2016.
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Oil Ministry Wants Reliance Industries to Sell Gas at $4.2; $6-6.5 Price for Others: Report
The Oil Ministry is looking at a price of $6-6.5 for all domestic natural gas but wants Reliance Industries to sell KG-D6 gas at old rate of $4.2 till it makes up for shortfall in supplies of past four years, according to sources.
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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 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.
-
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).
-
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.
-
PSU Oil Firms Book 60% Floating Terminal Capacity Of Swan Energy: Report
State-owned Oil and Natural Gas Corp (ONGC), Indian Oil Corporation (IOC) and Bharat Petroleum Corporation Ltd (BPCL) have booked 60 per cent of the capacity of Swan Energy Ltd's upcoming floating LNG terminal off the Gujarat coast, giving the Nikhil Merchant-led firm the much-needed backing to complete the Rs 5,600-crore project.
-
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.
-
IL&FS Engineering Commissions Pipeline Project in Gujarat
The company is currently executing an EPC contract from Indian Strategic Petroleum Reserves Limited (ISPRL), Ministry of Petroleum and Natural Gas that involves laying of pipeline from Mangalore Port to Mangalore/Padur Cavern for storage of crude oil.
-
Oil Ministry Clears Development of Rs 1.5 Lakh Cr Discoveries
Ending months of logjam over discoveries mired in contractual disputes, the Oil Ministry has used the recently granted freedom to clear development of oil and gas discoveries worth about Rs 150,000 crore.
-
Adani-GSPC to Build Rs 4,500-Crore Mundra LNG Terminal by 2016-end: Report
Adani Group and Gujarat State Petroleum Corp (GSPC) will set up a Rs 4,500-crore LNG import terminal at Mundra SEZ in Gujarat by December 2016.
-
Oil Ministry Wants Reliance Industries to Sell Gas at $4.2; $6-6.5 Price for Others: Report
The Oil Ministry is looking at a price of $6-6.5 for all domestic natural gas but wants Reliance Industries to sell KG-D6 gas at old rate of $4.2 till it makes up for shortfall in supplies of past four years, according to sources.
