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RIL, partners face $1 bn penalty for using ONGC's gas

The Mukesh Ambani-led Reliance Industries Ltd and its foreign partners, BP Plc and Niko Resources, may have to pay a penalty of more than $1 billion for commercially using the migrated gas from the......

Cairn Energy lays off 40% staff following India tax dispute

Scottish oil and gas explorer, Cairn Energy plc has sacked nearly 40 per cent of its employees as it faces capital constraints on not being able to sell $1 billion worth of stake, following a tax......

RIL, BP to invest about Rs 6000 cr to improve gas recovery

Reliance Industries and its partner BP plc of UK will invest about Rs 6,000 crore (Rs 60 billion) by 2016 to help sustain and improve recovery from the two main gas fields in the eastern offshore......

RIL-BP to invest $10bn to quadruple natural gas output by 2020

Global oil giant BP Plc and its partner Reliance Industries will invest $5-10 billion to quadruple natural gas production by 2020. RIL-BP, who are currently producing about 11.8 million standard......

RIL-BP to invest $8-10 billion to produce more gas

Global oil giant BP Plc and its partner Reliance Industries promised to invest $8-10 billion in producing more gas, but voiced concerns over a double penalty being sought to be imposed on them for......
  Web results for Gas Plc
UK Stocks-Factors to watch on March 21

March 21 (Reuters) - Britain's FTSE 100 index is seen opening up 3.5points on Tuesday, according to financial bookmakers. * SHELL: Royal Dutch... ...

http://www.sify.com/finance/uk-stocks-factors-to-watch-on-march-21-news-economy-rdvmauaadedci.html
Vedanta to buy $2.4b Anglo American stake

As global commodity prices witness a rebound, Indian mining billionaire Anil Agarwal has moved to buy $2.4 billion worth shares of mining giant... ...

http://www.mydigitalfc.com/news/vedanta-buy-24b-anglo-american-stake-959
Deals of the day- Mergers and acquisitions

March 10 (Reuters) - The following bids, mergers,acquisitions and disposals were reported by 1030 GMT on Friday: ** Chinese conglomerate HNA Group... ...

http://www.sify.com/finance/deals-of-the-day--mergers-and-acquisitions-news-economy-rdkqEndjgcice.html
CERAWEEK-Shell CEO urges switch to clean energy as plans hefty renewable spending

The oil and gas industry risks losing public support if progress is not made in the transition to cleaner energy, Royal Dutch Shell Plc Chief... ...

http://www.dnaindia.com/money/report-ceraweek-shell-ceo-urges-switch-to-clean-energy-as-plans-hefty-renewable-spending-2348111
The great oil consolidation

The prospect of merger of public sector oil companies that could give shape to an energy behemoth that would rival some of the energy giants... ...

http://www.mydigitalfc.com/news/great-oil-consolidation-554

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