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BP-RIL to take new plan for KG-D6 to govt
BP-Reliance Industries will present to the government a fully integrated development plan for the KG-D6 block in the next few weeks to maximise use of the entire existing infrastructure to make more discoveries in the block off the country’s east coast. “Our initial focus is on the KG-D6 block,” said Sashi Mukundan, country head of Indian operations at BP. “The RIL and BP teams

BP, RIL to submit KG block development plan soon

Reliance Industries and joint venture partner BP Plc will submit a single development plan for the entire KG D6 oil and gas block to the government in a few weeks, the head of BP's Indian unit said.

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Citi's HDFC stake on block for Rs 10,200 cr
Citigroup is looking to exit Housing Development Finance Corp (HDFC) completely. The financial major has invited bids to sell its entire stake, 9.85 per cent, on Friday.

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Mardi Gras Museum puts contents on auction block
Designed as a celebration of Mardi Gras when it opened in 1992, a museum in the New Orleans suburb of Kenner has closed and its stock of memorabilia will go on the auction block.

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Force majeure plea likely by ONGC for three K-G blocks

With three of its oil blocks in the Krishna-Godavari basin still to get clearances, Oil and Natural Gas Corporation (ONGC) is likely to invoke the force majeure clause on its contractual

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Sensex halts rally RIL, Coal India fall

The Bombay Stock Exchange benchmark index, the Sensex, fell 0.3 per cent on Thursday as investors locked in gains after a three-day rally had sent the index to its highest close in more than six

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