Home › Carlyle Group to invest $500 million in India-focused Magna Energy
 

Keywords :   


Carlyle Group to invest $500 million in India-focused Magna Energy

2015-06-22 22:24:47| Oil & Gas - Topix.net

Magna plans to bid for small and medium sized fields which are to be auctioned by the government later this fiscal as also in future exploration licensing rounds, he told PTI. US-based private equity firm Carlyle Group on Monday said it will invest $500 million in Magna Energy Ltd, an India-focused oil firm founded by Mike Watts, the man who saw oil in Rajasthan's Thar desert where global giant Royal Dutch Shell saw none.

Tags: group million energy invest

Category:Energy and Environment

Latest from this category

All news
27.09Minnesota Installing States First Geothermal Field in a Landfill
27.09Las Vegas Solid Waste Director Makes Significant Improvements to Citys Waste Department
27.09Napa Valley Landfill Likely to Close, Reveals Internal E-Mail
26.09Bubble Paper Announces Christian Chamberlain as National Site Manufacturing Director
26.09This Week in Waste: Top Stories September 23 Sept. 26, 2024
26.09Mill Presents First-Ever Make Food, Not Waste Restaurant Week in New York City
26.09Cyclic Materials Secures $53 Million for Global Expansion of Rare Earth Recycling Infrastructure
26.09Rumpke Enters Court Battle Over Fatal Landfill Incident in Hamilton County, Ohio
Energy and Environment »
27.09Washington Corner | September 2024
27.09Hurricane Isaac Graphics
27.09Remnants of John Graphics
27.09Remnants of John Forecast Discussion Number 20
27.09Remnants of John Wind Speed Probabilities Number 20
27.09Remnants of John Public Advisory Number 20
27.09Summary for Remnants of John (EP5/EP102024)
27.09Tropical Storm Joyce Graphics
More »