Gujarat State Petroleum Corporation Ltd

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.

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.

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 Gas, which retails CNG to automobiles and piped cooking gas to households in some cities of Gujarat, will buy the fuel from GSPC on a long-term basis, the company said in a filing to the stock exchanges.

Petronet LNG Ltd, India's biggest liquefied natural gas importer, plans to raise Rs 600 crore in debt to fund expansion of its Dahej LNG terminal in Gujarat.

Mukesh Ambani-led Reliance Gas Transportation Infrastructure Ltd (RGTIL) will lease out a fourth of the capacity on its East-West pipeline that ferries natural gas from KG-D6 fields on the east coast to customers in the west, to third parties.

The board of public sector oil firm Hindustan Petroleum Corp. Ltd (HPCL) has approved the proposed joint venture with infrastructure major Shapoorji Pallonji for building a terminal for importing liquefied natural gas (LNG). According to sources, both companies will hold an equal stake in the joint venture.

Taking a cue from Reliance Industries, Gujarat-government firm GSPC is seeking to price natural gas it will produce from KG basin block at a rate indexed to cost of imported liquid gas (LNG).

Fair trade regulator Competition Commission of India (CCI) today said it has approved sale of 65.12 per cent stake in Gujarat Gas Company by Gujarat State Petroleum Corp (GSPC) Distribution Networks, as the deal is unlikely to have any adverse impact on competition in the natural gas distribution market.

The Gujarat Government-run petroleum firm bought the stake from UK's BG Group (BG).

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.

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.

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 Gas, which retails CNG to automobiles and piped cooking gas to households in some cities of Gujarat, will buy the fuel from GSPC on a long-term basis, the company said in a filing to the stock exchanges.

Petronet LNG Ltd, India's biggest liquefied natural gas importer, plans to raise Rs 600 crore in debt to fund expansion of its Dahej LNG terminal in Gujarat.

Mukesh Ambani-led Reliance Gas Transportation Infrastructure Ltd (RGTIL) will lease out a fourth of the capacity on its East-West pipeline that ferries natural gas from KG-D6 fields on the east coast to customers in the west, to third parties.

The board of public sector oil firm Hindustan Petroleum Corp. Ltd (HPCL) has approved the proposed joint venture with infrastructure major Shapoorji Pallonji for building a terminal for importing liquefied natural gas (LNG). According to sources, both companies will hold an equal stake in the joint venture.

Taking a cue from Reliance Industries, Gujarat-government firm GSPC is seeking to price natural gas it will produce from KG basin block at a rate indexed to cost of imported liquid gas (LNG).

Fair trade regulator Competition Commission of India (CCI) today said it has approved sale of 65.12 per cent stake in Gujarat Gas Company by Gujarat State Petroleum Corp (GSPC) Distribution Networks, as the deal is unlikely to have any adverse impact on competition in the natural gas distribution market.

The Gujarat Government-run petroleum firm bought the stake from UK's BG Group (BG).