Last Updated : Friday, July 10, 2020 17:12:06

News of Oil & Gas in Gujarat

GAIL to invest in Start-Ups operating in areas of Compressed Bio Gas

NEW DELHI / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, New Delhi headquartered Non-Electric Utilities sector national enterprise,  Oil-Gas arm of Government of India and a public sector undertaking company GAIL Ltd said to invest in start-ups operating in the areas of Compressed Bio Gas, Solicitation Round

RIL’s JIO Platforms sells 0.39% stake to INTEL CAPITAL for 19 bln INR

MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Mukesh Ambani led Diversified Indian Conglomerate Reliance Group’s flagship company Reliance Industries Ltd said of Intel Capital, investment arm of Intel Corporation having invested 19 billion (~1,894.50 crore) rupees in Jio Platforms inturn acquiring 0.39% equity stake in the Jio

TCS leads IDC MarketScape for Digital Transformation Services for Oil & Gas

NEW YORK (US) / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Ratan Tata led Mumbai headquartered Diversified Indian Conglomerate – Tata Group’s Information Technology (IT) Consulting & Software Services providing arm Tata Consultancy Services (TCS) Ltd said of having been recognized as a leader in IDC Marketspace

L&T HYDROCARBON ENGG inks pact with US based KBR for new projects

MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered Construction & Engineering company Larsen & Toubro Ltd said of its wholly owned subsidiary L&T Hydrocarbon Engineering having inked pact with Houston (Texas) US headquartered KBR (formerly, a subsidiary company of Halliburton) for Refinery and Petrochemical projects for

SAUDI ARABIAN money pours in RIL’s JIO, buys 2.32% stake paying 114 bln INR

MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Mukesh Dhirubhai Ambani led Diversified Indian Conglomerate – Reliance Group’s flagship company Reliance Industries Ltd said of public investment fund (PIF) having invested 113.67 billion (~11,367 crore) rupees in Jio Platforms Ltd acquiring 2.32% equity stake on fully diluted basis

DAY 7 STATUS / OIL pays 3 mln INR to the family of deceased in Oil Well Incident

BAGHJAN (TINSUKIA) / DULIAJAN / NOIDA / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, by the Noida headquartered Oil & Gas arm of Government of India and one of the leading public sector undertaking company Oil India Ltd, it said of having handed over cheque of 3

IEX launches India’s 1st Gas Trading Platform, IGX (INDIAN GAS EXCHANGE)

NEW DELHI / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, online electricity trading platform and a electric utilities sector company Indian Energy Exchange (IEX) Ltd said of having launched the India’s first online Gas Trading platform – IGX (Indian Gas Exchange) to transform the Indian Gas Market,

DAY 6 STATUS / Govt Ministers, Officials @ Ground Zero @ OIL’s Gas Well Site

TINSUKIA (BAGHJAN) / DULIAJAN / NOIDA / MUMBAI / RAJKOT – On sixth day after the blowout was reported at the Baghjan site of Oil India Ltd’s gas well site on Tuesday, June 09, 2020 – battery of ministers and officials visited the ground zero to take toll of the situation, where 2 lives have

DAY-3 STATUS / Fire Contained @ OIL’s Gas Well Site in BAGHJAN (ASSAM)

DULIAJAN / NOIDA / MUMBAI / RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, Noida headquartered Oil & Gas arm of Government of India and a public sector undertaking company Oil India Ltd said of fire been contained at the site of Gas Well at Baghjan where blowout at the gas

DAY 2 STATUS / 2 employees die in Gas Well Accident @ OIL’s Assam Site

DULIAJAN / NOIDA / MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Noida headquartered oil & gas arm of Indian Government and Public Sector Undertaking company Oil India Ltd said of two deaths reported at the blowout in gas well at Baghjan in Tinsukia District of Assam, the

DAY 1 STATUS / Gas Well Blowout @ OIL’s Assam Site, no casualties, violent protests reported

DILIAJAN / NOIDA / MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Duliajan (Dibrugarh – Assam) headquartered Oil India Ltd reported a blowout in Gas Well of the company at Baghjan in Tinsukia District in Assam, where while the clearing operations were on at the well site, the

ABU DHABI INV AUTHORITY buys 1.16% stake in RIL’s JIO paying 57 bln INR

MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered Mukesh Ambani led Diversified Indian Conglomerate Reliance Group’s flagship company Reliance Industries Ltd said of Abu Dhabi Investment Authority (ADIA) having invested 57 billion (~5,683.50 crore) rupees in the company’s data & telecom arm – Jio Platforms Ltd.

SILVER LAKE & Co-Investors buy addl 2.08% stake in (RIL’s) JIO Platforms

MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Mumbai headquartered Mukesh Ambani led Diversified Indian Conglomerate Reliance Group’s flagship company Reliance Industries Ltd said of Silver Lake and co-investors to buy additional 2.08% stake in JIO Platforms Ltd, paying 46 billion (~4,546.80 crore) rupees. In a press-release titled,

RIL’s 531 bln rupees Rights Issue get subscribed 1.59 Times @ 840 bln rupees

MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered Mukesh Ambani led Diversified Indian Conglomerate Reliance Group’s flagship company Reliance Industries Ltd said of having received overwhelming response to the company’s rights issue of 531.24 billion (~53,124.20 crore) rupees, which was offered to existing shareholders, which got

GAIL inks pact with EESL for Trigeneration projects

NEW DELHI / MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, New Delhi headquartered hydrocarbon sector public sector undertaking arm of Indian Government – GAIL (India) Ltd said of having inked pact with Energy Efficiency Services Ltd (EESL) for co-operation in development of Trigeneration projects in India. In

Amidst Lockdown, L&T Heavy Engg delivers Critical Equipment to Customers

MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered construction & engineering sector company Larsen & Toubro Ltd said of having achieved delivery goals for heavy engineering segment of the company by delivering critical equipment to global customer during lockdown. In a press-release titled, “L&T Heavy Engineering

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