Subir Raha, the former chairman and managing director of Oil and Natural Gas Corp, has been short-listed for the prestigious "Energy Executive of the Year" award instituted by London-based renowed energy journal 'Petroleum Economist'.
The former ONGC chairman's passion for everything that he set out to do was such that he would settle for nothing short of being the best, says Sudhir Bisht.
After HPCL, the government headhunter struggled to find a suitable candidate for the top job at Bharat Petroleum, as most applicants were narrow specialists lacking multidisciplinary experience needed to run a large organisation. The Public Enterprise Selection Board (PESB) last month interviewed a dozen candidates including BPCL director (finance) Vetsa Ramakrishna Gupta and its director (refineries) S Khanna but found none suitable for the job of chairman and managing director of Bharat Petroleum Corporation Ltd (BPCL), according to a PESB order.
ONGC and the Hinduja group are lining up investment of close to $20 billion in exploration assets in Iran and a refinery and LNG terminal in India.
The joint venture of Ashok Leyland and Nissan for manufacturing light commercial vehicles would become operational during the current financial year, executive vice-chairman of Hinduja Group India Subir Raha said.
Oil and Natural Gas Corporation, which has seen two major mishaps in the last two years at its Bombay High oilfields, on Thursday came out with a contingency plan for effective disaster management.\n\n
Oil and Natural Gas Corporation has become the first Indian firm by formally entering into a memorandum of understanding with Transparency International India to institutionalise transparency in its public procurement practices.
CBI investigations later revealed that the two were employees of an East Delhi private detective agency, headed by one R N Kaul.
Shell Bitumen India Private, a subsidiary of Shell group of companies, has entered into a pact with Oil and Natural Gas Corporation for manufacturing bituminous products and marketing.
British Petroleum chairman Sir John Browne is likely to visit India next month to explore oil and gas opportunities in Asia's third largest economy.
Petroleum Minister Mani Shankar Aiyar has blamed bureaucrats in his ministry for the fiasco over appointment of additional government directors on ONGC board, saying legal opinion should have been taken instead of doing 'guess-work'.
Subir Raha, the former chairman and managing director of Oil and Natural Gas Corp, has been awarded the prestigious 'Energy Executive of the Year' award instituted by London-based renowned energy journal Petroleum Economist.\n\n
Chief mentor of Infosys Technologies N R Narayan Murthy and former chairman of Oil and Natural Gas Corp Subir Raha have been adjudged winners of Priyadarshni Academy award
Oil and Natural Gas Corp, India's highest profit making firm, has suggested a new corporate structure
Oil and Natural Gas Corporation, India's largest profit making firm, on Thursday signed a memorandum of understanding with Royal Dutch Shell
95% of investments in domestic sector, won't pay special dividend: Raha.
Owing to pressure from the Kazakh government, CNPC agreed to sell a 33-per cent stake in PetroKazakhstan to Kazakhstan's state-owned oil company KazMunaiGaz for about $1.4 billion.
Giving a shot in the arm to ONGC chairman Subir Raha, who has been resisting appointment of additional government directors on the company board, the department of public enterprises on Wednesday said their number cannot exceed two.
The Directorate General of Hydrocarbons Chief V K Sibal, whose appointment on the ONGC board has triggered a controversy, on Monday said ONGC chairman Subir Raha's non-acceptance of his appointment amounted to "gross indiscipline."
If Raha's resistance to the petroleum ministry's interference turns into a plebiscite at the firm's AGM on Sept 21, the ministry may vote for his ouster.
Dynamic manager and financial wizard R S Sharma will be the new chairman and managing director of India's most valuable company, Oil and Natural Gas Corporation.
The post fell vacant after the government refused Subir Raha an extension at the helm of the company after his first five-year term expired in May.\n\n
Oil and Natural Gas Corporation on Monday said the anomaly in allotment of shares in the just-concluded public offering of government's 10 per cent shareholding has been rectified and correct allotments made.
Subir Raha, who was last week denied an extension as head of Oil and Natural Gas Corp on the basis of a critical performance appraisal by former petroleum secretary S C Tripathi
Oil and Natural Gas Corporation said on Thursday that it would like to acquire public sector oil companies -- Hindustan Petroleum Corporation and Bharat Petroleum Corporation.
Oil and Natural Gas Corporation and its partners will invest over $1 billion in exploring for oil and gas in the 14 oil and gas block they won in the fourth round of bidding under the new exploration licensing policy.
India's oil major ONGC has signed a memorandum of understanding with Russia's Gazprom, paving the way for their possible joint bidding for global energy assets.
Oil and Natural Gas Corporation is in talks to acquire oil properties abroad worth $15 billion, company chairman Subir Raha said on Friday
While the India-Myanmar gas pipeline continues to hang fire, Oil and Natural Gas Corporation may push for a gas-based power project in Myanmar to bring power to the power-starved north-eastern states
ONGC on Friday said it hopes to begin marketing of LPG and Kerosene soon.
State-run Oil and Natural Gas Corporation on Wednesday said it will bring to production three offshore fields over the next 18 months.
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