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OilMin frustrated KG gas project, says ONGC

 As Oil Ministry looks into reasons for delay in ONGC's KG basin gas development, the state-owned firm says it lost three years because the ministry and DGH refused to approve its partnership with......

Merrill Lynch tops Indian M&A league

 Merrill Lynch, the global investment bank, has come on top of the mergers and acquisition league table in India for the first time since it was acquired by Bank of America about five years earlier.......

BPCL, Videocon JV discovers oil in Brazil

 State-owned Bharat Petroleum Corporation Limited and Videocon Industries on Friday said an oil discovery has been made in their deep sea block off Brazil.Oil was struck in the BM-SEA-11 block in......

ONGC in talks with ExxonMobil for KG basin block

 Oil and Natural Gas Corp (ONGC) is in talks with super majors like ExxonMobil to replace Norway's Statoil and Petrobras of Brazil who have decided to quit its KG basin gas block. "We are talking......

Statoil, Petrobras quit ONGC gas field

 Norwegian oil major Statoil and Brazil's Petrobras have quit Oil and Natural Gas Corporation's KG basin gas block over government delays in approving their participation in the deepwater acreage.......

FIFA scam: Ex-Honduran leader pleads guilty in US bribery case

 Former Honduran President Rafael Callejas pleaded guilty on Monday to U.S. charges that he participated in bribery schemes that are under investigation at soccer's world governing body FIFA.......

Rio Olympic: 1st allegation of corruption crops up

 Bribe paid to get funds for Rio Olympic project IMAGE: Japan's Yuka Sato, left, and Ireland's Aileen Reid during the women's triathlon ITU World Olympic Qualification Event at Copacabana beach,......

Brazil's Andrade Gutierrez to admit World Cup bribes: Folha paper

 One of Brazil's largest builders, Andrade Gutierrez, will confess to paying bribes for 2014 FIFA World Cup contracts and business with state-run companies Petrobras and Eletrobras, a newspaper......

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