R.S. Sharma News
-
Reliance Industries Ltd., sitting on untapped natural gas reserves off India’s east coast, will be able to generate profit from new fields if the government agrees to double prices, a person familiar with the matter said.
-
Oil & Natural Gas Corp. , India’s biggest explorer, says it should be allowed to recover 140 billion rupees ($3 billion) payable as royalty for partner Cairn India Ltd. , which Vedanta Resources Plc seeks to buy.
-
The planned sale of shares in Oil & Natural Gas Corp. , India’s biggest energy explorer, may help the government raise $3.1 billion and achieve a third of this fiscal year’s asset-sale target.
-
NTPC Ltd. , Asia’s second-biggest electricity generator by market value, is seeking to buy coal mines overseas that may help source as much as 67 percent of the company’s current imports of the fuel.
-
Insurance costs for oil companies are set to rise “exponentially” after the BP Plc spill, the worst oil leak in U.S. history, the chairman of India’s biggest energy explorer said.
-
India is poised to start building an 880-billion rupee ($16 billion) rail network, its biggest since independence, as early as September to add capacity and cut the time to move cargo including coal.
-
Oil & Natural Gas Corp. , India’s biggest energy exploration company, will protect its interests following Vedanta Resources Plc’s plan to acquire a majority stake in Cairn India Ltd., without submitting a competing bid.
-
Oil & Natural Gas Corp. , India’s biggest explorer, rose the most in a year after Chairman R.S. Sharma said higher gas prices will add 50 billion rupees ($1 billion) in revenue and curb losses from its aging fields.
-
NTPC Ltd., India’s biggest power producer, said full-year profit rose a provisional 5.6 percent, the slowest pace in four years, after missing its target of adding generation capacity. The shares declined.
-
Oil & Natural Gas Corp. , India’s biggest energy exploration company, may consider bidding jointly with Vietnam Oil & Gas Group for partner BP Plc ’s stake in a natural gas field in Vietnam to secure fuel supplies.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page