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Tatas to prospect for Bangla oil

Tata Petrodyne, the oil subsidiary of Tata Sons, is planning an oil and gas exploration and production venture in Bangladesh to fuel the group's upcoming steel, power and fertiliser plants in that......

Tatas, IOC, OIL to bid for Azerbaijan oil field

Tatas have joined hands with state refiner Indian Oil and exploration firm Oil India Ltd to consider bidding for acquiring Caspian Energy Group LLP's (CEG) interest in an Azerbaijan oil field. Tata......

Companies hedge on ATF to tackle price volatility

In a move to curb costs and with oil prices on a decline, oil companies like Tata Petrodyne Ltd have got into hedging of crude oil on the domestic trading platform -- multi commodities xchange.In......

Newbies dream to become oil barons in limbo

22 companies won bids for the 31 contracts on offer; 15 were new entrants to the oil and gas business. Three years on, none of them have started production. When the first round of auctions for......

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