Home / Tag Archives: gas

Tag Archives: gas

#Freeze: BP, Reliance protest EC suspension of gas price hike

The operators of India’s biggest natural gas field have filed an arbitration notice after the Indian government suspended a plan by the companies to double their prices. Mukesh Ambani-owned Reliance Industries, British Petroleum and Canada’s Niko Gas, who jointly operate the KG-D6 field in Andra Pradesh, say the suspension is …

Read More »

India’s ONGC buys into Mozambique Offshore Gas Field

Indian oil giant Oil & Natural Gas Corporation (ONGC) has agreed to buy a 10% stake in an offshore gas field in Mozambique from American firm Anadarko Petroleum. The deal for Mozambique’s offshore Area 1 is expected to close around the end of this year, Anadarko said. ONGC faces diminishing …

Read More »