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Petroliam Nasional Bhd

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IOC to buy stakes in Petronas' LNG project for $900 mn

Indian Oil Corporation on Friday signed a deal to buy a 10 per cent stake in shale-gas assets and a linked liquefied natural gas project in British Columbia for $900 million. The acquisition of......

Reliance eyeing Petronas stake in Venezuela project

Reliance Industries is looking at buying Petronas' 11 per cent stake in Venezuela's $20 billion Carabobo-1 project, a company official said. RIL, which had in 2009 dropped out of the winning bid......

Oil majors sign deal for Venezuelan oil field

Indian flagship overseas explorer ONGC Videsh Ltd and its partners have signed an agreement to develop a $20 billion oil project in Venezuela that will give energy-deficient India 3.6 million......

NELP VI may throw up new ties

The auction of oil blocks under NELP VI, for which bidding closed on Thursday, could see the emergence of some new partnerships and players in India's upstream sector.Mukesh Ambani's Reliance......

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