Country’s largest oil marketing company Indian Oil today announced its partnership with logistics start-up firm Fortigo, aimed at providing technology based solutions to small truck owners. Fortigo is funded by...
Vankor field acquisition: A positive for ONGC
Declining crude oil prices have been one of the reasons for upstream oil firms such as ONGC (Oil and Natural Gas Corporation) under-performing on the bourses. Though lower crude prices mean lower realisations, thus...
ConocoPhillips, Chevron seek to sell stakes in Indonesia oil and gas block -energy ministry official
ndonesia has received written requests from U.S.-listed energy giants ConocoPhillips and Chevron Corp to sell their interests in the South Natuna Sea Block B oil and gas block, an energy ministry official said on Friday...
ONGC buys 15% stake in Russia’s Vankor oil field for $1.35 billion
NEW DELHI: ONGCBSE 0.55 % Videsh, the overseas arm of India’s biggest explorer, will acquire a 15% stake in the Vankor oil field of Russian state firm Rosneft for about $1.35 billion (Rs 8,910 crore). The two...
Australian Future Fund Invests In Applied Solar
Applied Solar Technologies, a Delhi based solar power company has raised R256.36 Cr ($40 Mn) in a new round of funding led by Australian government’s sovereign wealth fund Future Fund, alongwith existing investors...