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HPCL, partners to divest 40% stake in gas block

 State-owned Hindustan Petroleum Corporation and its partners will divest 40 per cent of their stake in a gas-bearing block in offshore Australia to US-based Apache Corporation."We have agreed to......

GSPC-Essar bid for Syrian oil block

 A consortium of Gujarat State Petroleum Corp and Mumbai-based Essar Group has bid for an oil and gas exploration block in Syria. Syria had offered seven onshore oil and gas blocks in the latest......

NELP VI may throw up new ties

 The auction of oil blocks under NELP VI, for which bidding closed on Thursday, could see the emergence of some new partnerships and players in India's upstream sector.Mukesh Ambani's Reliance......

GAIL consortium inks pact for Oman Block

 GAIL (India) Ltd and its partnerson Wednesday signed the Exploration and Production Sharing Agreementwith government of Oman for Block 56 in Muscat.The consortium consisting of GAIL, Oilex......

Oilex takes Cambay reins from Niko

 The Australia-based Oilex today announced that it has completed the transfer of operatorship for the Cambay Field onshore Gujarat from Niko Resources Ltd, effective from June 1, 2006. Oilex is the......

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