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Modi is ending UPA's oil mess, but cannot remain a fair weather deregulator

Apr 22, 2015

Modi is ending UPA's oil mess, but cannot remain a fair weather deregulator

The government's decision to free ONGC from having to subsidise LPG this year is good, but this decision cannot depend on the vagaries of global oil prices. Deregulation cannot be brought in or abandoned based on convenience #ONGC #LPG Subsidies #Dharmendra Pradhan #Oil Price Deregulation #Windfall Profits Tax
Indian delegation to visit Iran to discuss oil deals: sources

Apr 16, 2015

Indian delegation to visit Iran to discuss oil deals: sources

A consortium headed by ONGC Videsh, the overseas investment arm of the country's top explorer Oil and Natural Gas Corp, signed a deal in December 2002 to explore the Farsi offshore block in Iran. #NewsTracker #OPEC #ONGC Videsh #Rostam Qasemi #Farzad-B #Mangalore Refinery and Petrochemicals Ltd #Fatih Birol
Centre mulls auction of ONGC, Oil India oil fields to private firms

Apr 14, 2015

Centre mulls auction of ONGC, Oil India oil fields to private firms

The ministry is reasoning the auctioning of the marginal fields to they being uneconomic for a large firm with huge overheads to develop or bring to production. Smaller firms with a fraction of operating cost can develop them at a much faster and economic rate. #CAG #NewsTracker #ONGC #LPG #Kerosene #Oil India #CCEA #New Exploration Licensing Policy
India may delay oil company share sales, threatening fund-raising target

Apr 02, 2015

India may delay oil company share sales, threatening fund-raising target

India has missed its target for partial privatisations for the past five years and now wants to break with the usual practice of bunching up sales towards the year-end. #Sensex #GDP #Disinvestment #NewsTracker #ONGC #Indian Oil #BSE #fiscal deficit #Arun Jaitley
ONGC plans to invest Rs 40,000 cr in KG oil, gas finds

Apr 02, 2015

ONGC plans to invest Rs 40,000 cr in KG oil, gas finds

ONGC plans to drill 14 oil wells and 10 water injectors in Cluster-2A and is expected to produce 31.5 million tons of oil in 15 years. #Business #Energy #ONGC #CompanyWatch #Dinesh K Sarraf #New Exploration Licensing Policy #KG-D5

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Memo to Sebi: Is govt licensed to rob minority investors?

Sep 26, 2011

Memo to Sebi: Is govt licensed to rob minority investors?

If a private group were to happily transfer money from one company to another Sebi would pounce on them. Why isn't it doing so with government companies? #ONGC #Indian Oil #GAIL #Thats Just Wrong #BPCL #HPCL #Oil India
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