The Ministry of Petroleum and Natural Gas has proposed merger of all 13 public sector oil companies into one behemoth, an idea which was first mooted by former minister Mani Shankar Aiyar as per the recommendations of V...
Oil and Gas M&A Seen Accelerating as Fear of Bad Deals Fade
Energy acquisitions are poised to pick up as oil and gas prices stabilize and fears of bad deals wane, according to Ernst & Young LLP. Acquisitions will accelerate in the fourth quarter with most of the announced...
ONGC steps on the gas, eyes UK’s Premier Oil
ONGC steps on the gas, eyes UK’s Premier Oil India’s largest oil producer, ONGC, may consider making a bid for UK-based Premier Oil to add assets in the oil-rich North Sea and Indonesia to its expanding...