Centrica Plc, Britain’s leading energy supplier, agreed to purchase a stake in a gas development block off the southeast coast of Trinidad for $142.5 million, to supply U.K. and North American customers. For full story, click here
OVL, the overseas arm of the state-run ONGC, has received approval from National Iranian Oil Company (NIOC) on the feasibility report of its gas discovery in the Farsi block. For full story, click here
Shares of Oil and Natural Gas Corporation (ONGC) surged over 4 per cent after the company bagged 44 oil and gas exploration blocks. For full story, click here
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