KalpanaPathak
Stories by KalpanaPathak
India: Srei unit Quippo in talks to buy assets of GOL Offshore
GOL Offshore has three offshore drilling units—Kedarnath, Amarnath, and Badrinath—that it leases out to oil and gas firms.
India: Power, port assets to be included in Essar-Rosneft deal
Rosneft is set to buy a 49% stake in Essar Oil, concluding a deal that has been in the works since July 2015.
India: Essar Oil to invest $180m in Vadinar refinery
The move comes when the company is in talks with Russia’s state-owned petroleum explorer Rosneft to sell over 49% stake in Essar Oil, according to a
Indian oil PSUs may hold 51% stake in Maharashtra refinery
The state government and a strategic investor who is yet to be brought in will hold the rest. The 60 million tonnes per annum (mtpa) refinery will be
Indian oil PSUs to raise $2b debt to fund stake purchase in Russian fields
Indian Oil Corporation Ltd (IOC), Oil India Ltd and Bharat Petro Resources Ltd (BPRL), a unit of Bharat Petroleum Corporation Ltd (BPCL), are together
GAIL to invest $3b on gas pipeline network in south India
GAIL is also building a 1,104km gas pipeline that will traverse across Kochi, Koottanad, Bangalore and Mangalore.
Reliance Industries, State Bank of India ink deal to float payments bank venture
While RIL is the promoter with 70%, SBI will have an equity investment of 30%.
India: ONGC in talks with petrochem firms to sell 25% stake in OPaL
ONGC also plans to sell shares to the public OPaL in a few years from now. Post the stake sale and the listing, ONGC said the envisaged equity structu
India: Mahanagar Gas finalizes $154.58m IPO
Mahanagar Gas will offer shares at a price band of Rs380-421 during its initial share sale on 21-23 June
