Bg Group

BG Group sells of 65.12% stake in Gujarat Gas to GSPC

BG Group said sale of its interest in GGCL was part of a broader rationalisation programme, aimed at refocusing the Group's portfolio on its core strengths of exploration and production and liquefied natural gas.

BG Group to sign LNG deal in India: Financial Times

BG Group is set to sign a 20-year contract worth as much as USD 20 billion to provide liquefied natural gas to the western Indian state of Gujarat, the Financial Times reported on Tuesday citing people with knowledge of the deal.

Gujarat Gas down 9% on BG stake sale below market price

BG Group sold its 65.23% stake in Gujarat Gas Company for Rs 2460 crore to GSPC at a steep discount, reports CNBC-TV18. At 09:16 hrs Gujarat Gas Company was quoting at Rs 303.50, down Rs 33.20, or 9.86%.

ONGC-IOC-OIL bid USD 5bn for ConocoPhillips' assets

Oil and Natural Gas Corp, Indian Oil and Oil India have made a joint bid of about USD 5 billion for buying stake in six Canadian oil sands assets of US energy giant ConocoPhillips.

RIL, ONGC among 105 transparent companies

Transparency, it's a commodity sorely lacking in most multi-national companies the world over. That's the word from Transparency International, which has studied 105 of the world's largest listed companies, including India's own Reliance Industries and ONGC, reports CNBC-TV18's Ronak Jain and Sumit Lakhotia.

IOC in talks with BG, others to secure LNG supplies

State-run Indian Oil Corporation is in talks with BG Group, Qatar and Gazprom to secure long-term liquefied natural gas supplies for an import terminal it is building to feed its rising energy demand.

Adani keen on BG stake in Gujarat Gas

Diversified Adani group is looking to pick up a majority stake in gas distributor Gujarat Gas, an official said, as it looks to expand presence in the country's fast-growing city gas business.

Adani, GAIL may bid for BG's stake in Gujarat Gas

Adani group, a consortium of state-run companies led by GAIL India , and Gujarat State Petroleum Corp are likely to bid for BG Group's stake in Gujarat Gas, three sources said, in a deal valued at about USD 900 million.

ONGC takes over BG stake in three India blocks

Oil and Natural Gas Corp, India's state-run explorer, will allow British gas producer BG Group to exit three exploration blocks off the country's east coast, ONGC Chairman Sudhir Vasudeva told reporters on Wednesday.

UK-based BG Group in talks to buy stake in ONGC's assets

The UK's energy company BG Group is in talks to acquire a stake in the state-owned Oil and Natural Gas Corp's gas discovery block off the east coast, the company's India head Walter Simpson said today.

UK and China announce deals worth $2.3bn

Britain and China unveiled a series of deals worth 1.4 billion pounds (USD 2.3 billion) during a visit by Chinese Premier Wen Jiabao on Monday, including a new agreement between energy group BG Group and Bank of China to help BG expand there.

ONGC in talks with BG, ENI to sell stake in gas block

Oil and Natural Gas Corp is in talks with BG Group and Italian oil major ENI to sell up to 30% stake in its gas block off India's east coast, ONGC chairman said on Tuesday.

Global gas glut to stay even with more Japan demand

The world's biggest gas exporters will benefit from Japan's increased need for liquefied natural gas (LNG), but the global gas glut that has weighed them down over recent years is unlikely to shrink significantly.