Symbol: NATURALGAS| Contract: Nov, 2014| Category: Energy
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Natural Gas's Latest News
Premier of British Columbia, Canada Christy Clark said: "Indian Oil is poised to make its biggest investment in Canada to secure natural gas for India from BC."
Reliance Industries Ltd is seeking a buyer for its stake in the Eagle Ford Basin oil and natural gas joint venture with Pioneer Natural Resources Co, a sale that could raise as much as $4.5 billion, according to people familiar with the matter.
On the heels of selling a 10 per cent stake in its Vankor oilfield to China for $1 billion, Russia's biggest oil company Rosneft has offered a similar stake to Oil and Natural Gas Corp (ONGC).
The Petroleum Ministry has set up a committee headed by the Directorate General of Hydrocarbons (DGH) to inquire into the reasons for delay in developing gas discoveries in ONGC's Krishna Godavari basin KG-D5 block.
Keen to expand into Mexico, ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), has signed an agreement with Petroleos Mexicanos or Pemex for cooperation in the Latin American nation.
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