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
04.11WM Receives Approval from Canada for Stericycle Acquisition
04.11Western Australian State Government Awards Grant to Livium for EV Battery Recycling Plant
04.11ABCRC Selects Diversys to Digitize Albertas Beverage Container Recovery and Recycling Program
04.11Pennsylvania American Water Acquires Sadsbury Township Wastewater Collection System
04.11Santa Barbara County Co-Locates Dirty MRF, Anaerobic Digester, and Compost
04.11Waste World Episode 4: Using Social Media to Educate Audiences About Waste and Recycling
01.11Heritage Environmental Services Secures Commercial Permit Status for Orange, TX Incinerator
01.11Gimme Seaweed Partners with rePurpose Global to Combat Plastic Pollution
Energy and Environment »
05.11Tropical Storm Rafael Graphics
05.11Tropical Storm Rafael Wind Speed Probabilities Number 7
05.11Tropical Storm Rafael Public Advisory Number 7
05.11Summary for Tropical Storm Rafael (AT3/AL182024)
05.11Tropical Storm Rafael Forecast Advisory Number 7
05.11Boeing strike ends as workers back 38% pay rise deal
05.11Tropical Storm Rafael Public Advisory Number 6A
05.11Summary for Tropical Storm Rafael (AT3/AL182024)
More »