Saturday Jul 5
ONGC to be in a royal mess if states follow Gujarat cue
The oil major faces a Rs 3,400-crore extra royalty outgo if tax is paid on gross price of crude from April 2008 Summary The oil major faces a Rs 3,400-crore extra royalty outgo if tax is paid on gross price of crude from April 2008 Oil and Natural Gas Corporation could face the grim prospect of having to shell out additional royalty of up to R3,400 ... (more)
Providence a 1bn sale would have saved O'Reilly
Indian State-owned energy company Oil and Natural Gas Corporation last year eyed a full takeover of Providence Resources at a value of up to $1.5bn .
Three held for ONGC exam paper leak bid
Three people, among them the vice principal of a school, were arrested for attempting to leak the question paper of a graduation-level examination conducted by Oil and Natural Gas Corporation for the post of trainees, police said Sunday.
CGG Sa rises 9%
CGG preferred in race with Schlumberger for 3D seismic contract, Upstream says CGG and WesternGeco, a unit of Schlumberger , are the only companies bidding for a $100M-plus 3D broadband seismic contract from India's Oil & Natural Gas Corporation, according to oil and gas industry publication Upstream, which added that CGG is preferred for the award ... (more)