Page 27 - Oil And Gas

Strategic privatisation can fund fiscal needs for 15-20 yrs: Chhaochharia

The value of a strategic privatisation could easily be two to three times these companies' typical valuation

Vedanta spent Rs 10,000 cr on capex in FY19, plans another 55k cr

Vedanta stated that its growth plans will see it becoming the world's largest zinc producer and among the top three silver producers

Largest wealth fund may offload $658-millon stake in Indian oil firms

Companies that Norwegian fund is likely to shed stakes in include Oil India, IOC, ONGC, and RIL

Oil, gas policy: Govt not to seek share of profits in less explored areas

Irrespective of the basins, producers will get complete marketing and pricing freedom for oil and gas in future bid rounds

$15.3 billion revenue expected from auction of 59 oil, gas fields: Govt

The Centre launched the bid round II under Discovered Small Fields policy last month

India to begin auction of 55 oil and gas exploration blocks from Thursday

India is estimated to hold 42 billion tonnes or 315 billion barrels of oil and gas resources

Legacy problems in oil and gas: New licensing policy hurting old players

Participants in the original rounds of privatisation are unhappy with key changes in production sharing contracts that are up for renewal

Structural slowdown likely in oil and gas industry: Icra

Sees viability issues for greenfield refinery projects, impact on GRMs

Reliance Industries, BPCL, Indian Oil hit 52-week highs

BPCL, HPCL and IOC were up between 2% and 3% on the BSE.

'Human errors behind majority of accidents in oil, gas sector'

Ignorance, negligence, carelessness and dereliction of duty besides equipment failure have led to the incidents: HPCL

Oil ministry to auction discovered small fields by Jan 2017

It announced that contracts for all acreages with reserves worth Rs 70,000 crore are likely to be placed by January 2017