The state-run Oil and Natural Gas Corp. Ltd will invest $730 million in a Cairn India block in Rajasthan, despite expecting negative returns. For full story, click here
India’s Oil and Natural Gas has a negative net present value on its investment in Cairn India’s Rajasthan block under the revised field development plan. For full story, click here
ONGC declared that it may invest $1.01 billion in Cairn India’s Rajasthan oilfields even though the project offers negative returns as the public sector firm is liable to pay all the statutory levies. For full story, click here
Cairn India, a unit of Edinburgh-based Cairn Energy Plc has announced that it has made an oil and gas discovery adjacent to its Raageshwari oil field in the Rajasthan block. For full story, click here
Cairn India, a unit of Edinburgh-based Cairn Energy Plc has announced that it has made an oil and gas discovery adjacent to its Raageshwari oil field in the Rajasthan block. For full story, click here
Tuesday, July 14, 2009