Krishna Godavari Basin
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ONGC To Start Crude Oil Production In KG Basin Next Week
The state-owned Oil and Natural Gas Corporation (ONGC) will start the production of crude oil from its flagship deep-water project in Krishna Godavari Basin next week.
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ONGC Rallies On Hopes Of Higher Gas Production from Krishna Godavari Basin
Shares of state-run oil exploration company - ONGC - on Tuesday rose as much as 6 per cent to hit an intraday high of Rs 104.25
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Government Introduces New Gas Marketing Norms To Help Producers
Mr Pradhan said the new, more transparent price discovery mechanism would help raise daily gas production from the Krishna Godavari basin on the east coast and other parts of the country by 40 mmscm.
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Mukesh Ambani Blinks, Drops Gas Price Challenge Against Government
Reliance Industries and BP Plc. had filed a legal challenge against the government three years back over delay in gas price revision.
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Reliance, BP To Invest Rs 40,000 Crore More In Offshore Gasfield
Reliance holds a 60 percent stake in a gas block in the Krishna Godavari (KG) basin, BP owns 30 percent while Calgary-based Niko Resources Ltd holds the rest.
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Cairn, Vedanta Get All Approvals For Merger Except RBI Nod
The approvals include transfer of stake of Cairn India in fields like the Rajasthan oilfield and Ravva oil and gas fields in Krishna Godavari basin to Vedanta Ltd.
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ONGC Seeks Gas Price Review; Wants Floor Rate Fixed At $4.2
State-owned Oil and Natural Gas Corp (ONGC) has sought a review of the natural gas pricing formula as rates have dropped below cost.
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Government To Seek Legal View On Joining RIL Arbitration
RIL and its partners BP Plc of the UK and Canada's Niko Resources had on November 11 brought an arbitration notice against the government, disputing the $1.55 billion demand.
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Cairn India's Oil And Gas Output Drops 4% In Q2
Daily production of oil and gas in July-September averaged 2,06,230 barrels per day, down 3.7 per cent from 2,14,247 barrels.
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GE, L&T Partner To Manufacture Subsea Equipment
American conglomerate GE said it has signed a pact with engineering firm Larsen & Toubro to manufacture subsea equipment for future deep water projects in Krishna-Godavari basin on the eastern coast of India.
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KG Basin To Attract Rs 1 Lakh Crore Investment: Oil Minister
Stating that Krishna-Godavari Basin will become the hub of oil and gas reserves in the country in the coming years, Oil Minister Dharmendra Pradhan on Sunday said it is likely to attract new investments of Rs 1 lakh crore.
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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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Congress Trying To Divert Attention From Agusta, Says Venkaiah Naidu
Parliamentary Affairs Minister Venkaiah Naidu today accused the Congress of trying to divert the attention of people from AgustaWestland scam by raising "unnecessary" issues in the House after the opposition party demanded a discussion on a Comptroller and auditor general (CAG) report on Krishna Godavari basin project.
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To Deflect Agusta Heat, Congress Targets PM Modi For Alleged Gas Scam
It doesnt take a weather expert to predict its going to be a hot week in Parliament. On Wednesday, the AgustaWestland scam a deal to buy helicopters that was designed for generous bribes- will be discussed by the Rajya Sabha or Upper House.
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PM Narendra Modi's Decision Has Cost Gujarat, Congress Alleges On Auditor's Report
The Congress today targeted Prime Minister Narendra Modi over an auditor's report questioning Gujarat's investment into the Krishna Godavari or KG Basin gas block when he was chief minister.
-
ONGC To Start Crude Oil Production In KG Basin Next Week
The state-owned Oil and Natural Gas Corporation (ONGC) will start the production of crude oil from its flagship deep-water project in Krishna Godavari Basin next week.
-
ONGC Rallies On Hopes Of Higher Gas Production from Krishna Godavari Basin
Shares of state-run oil exploration company - ONGC - on Tuesday rose as much as 6 per cent to hit an intraday high of Rs 104.25
-
Government Introduces New Gas Marketing Norms To Help Producers
Mr Pradhan said the new, more transparent price discovery mechanism would help raise daily gas production from the Krishna Godavari basin on the east coast and other parts of the country by 40 mmscm.
-
Mukesh Ambani Blinks, Drops Gas Price Challenge Against Government
Reliance Industries and BP Plc. had filed a legal challenge against the government three years back over delay in gas price revision.
-
Reliance, BP To Invest Rs 40,000 Crore More In Offshore Gasfield
Reliance holds a 60 percent stake in a gas block in the Krishna Godavari (KG) basin, BP owns 30 percent while Calgary-based Niko Resources Ltd holds the rest.
-
Cairn, Vedanta Get All Approvals For Merger Except RBI Nod
The approvals include transfer of stake of Cairn India in fields like the Rajasthan oilfield and Ravva oil and gas fields in Krishna Godavari basin to Vedanta Ltd.
-
ONGC Seeks Gas Price Review; Wants Floor Rate Fixed At $4.2
State-owned Oil and Natural Gas Corp (ONGC) has sought a review of the natural gas pricing formula as rates have dropped below cost.
-
Government To Seek Legal View On Joining RIL Arbitration
RIL and its partners BP Plc of the UK and Canada's Niko Resources had on November 11 brought an arbitration notice against the government, disputing the $1.55 billion demand.
-
Cairn India's Oil And Gas Output Drops 4% In Q2
Daily production of oil and gas in July-September averaged 2,06,230 barrels per day, down 3.7 per cent from 2,14,247 barrels.
-
GE, L&T Partner To Manufacture Subsea Equipment
American conglomerate GE said it has signed a pact with engineering firm Larsen & Toubro to manufacture subsea equipment for future deep water projects in Krishna-Godavari basin on the eastern coast of India.
-
KG Basin To Attract Rs 1 Lakh Crore Investment: Oil Minister
Stating that Krishna-Godavari Basin will become the hub of oil and gas reserves in the country in the coming years, Oil Minister Dharmendra Pradhan on Sunday said it is likely to attract new investments of Rs 1 lakh crore.
-
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).
-
Congress Trying To Divert Attention From Agusta, Says Venkaiah Naidu
Parliamentary Affairs Minister Venkaiah Naidu today accused the Congress of trying to divert the attention of people from AgustaWestland scam by raising "unnecessary" issues in the House after the opposition party demanded a discussion on a Comptroller and auditor general (CAG) report on Krishna Godavari basin project.
-
To Deflect Agusta Heat, Congress Targets PM Modi For Alleged Gas Scam
It doesnt take a weather expert to predict its going to be a hot week in Parliament. On Wednesday, the AgustaWestland scam a deal to buy helicopters that was designed for generous bribes- will be discussed by the Rajya Sabha or Upper House.
-
PM Narendra Modi's Decision Has Cost Gujarat, Congress Alleges On Auditor's Report
The Congress today targeted Prime Minister Narendra Modi over an auditor's report questioning Gujarat's investment into the Krishna Godavari or KG Basin gas block when he was chief minister.
