News for 'Statoil'

Statoil of Norway has declined Oil and Natural Gas Corporation's offer of equity in five deep sea oil and gas exploration blocks."Statoil executive vice president Peter Mellbye has informed us that...

Norwegian oil major Statoil and Brazil's Petrobras have quit Oil and Natural Gas Corporation's KG basin gas block over government delays in approving their participation in the deepwater acreage....

As Oil Ministry looks into reasons for delay in ONGC's KG basin gas development, the state-owned firm says it lost three years because the ministry and DGH refused to approve its partnership with...

Continuing its attack on Petroleum Ministry, Anil Ambani group on Thursday criticised it for its failure to attract top global players for oil and gas exploration and production due to lack of...

Oil and Natural Gas Corp (ONGC) is in talks with super majors like ExxonMobil to replace Norway's Statoil and Petrobras of Brazil who have decided to quit its KG basin gas block. "We are talking...