Pradhan will kick off the international roadshow in Houston on July 13 before travelling to Washington, D.C., for a meeting with Secretary of Energy Ernest Moniz. During the Houston event, prospective investors will have access to a data room at ONGC Videsh’s office. The roadshow will also call at Calgary, Canada.
Also on Tuesday, reports came out regarding a claim filed by the UK’s Cairn Energy against India. Submitted to a Geneva-based international arbitration panel on June 28, the explorer seeks some USD 5.6 billion in compensation for a tax demand over its asset sale to Vendata Group in 2006. In March of this year, Indian tax authorities slapped Cairn Energy with a USD 4.4-billion demand notice.
The UK's hydrocarbons regulator has awarded 31 new exploration licences in the country's North Sea waters, Reuters reported on Friday Read More
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BP-Eni joint venture Azule Energy has entered a strategic farm-in agreement with Rhino Resources in Namibia's offshore Orange Basin, the… Read More
Africa-focused energy group Chariot has spudded the RZK-1 exploration well on the Gaufrette prospect at the Loukos Onshore licence in… Read More
Touchstone Exploration has acquired Trinidad-focused Trinity Exploration & Production in an all-shares deal, the Canadian upstream player said on Wednesday Read More
ExxonMobil is "optimistic and pushing forward" with the Rovuma LNG project in Mozambique and eyes an FID by the year's… Read More
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