State-owned Bharat Petroleum Corporation Ltd has informed government that it might default on its $300-million (Rs 1,200-crore) external loan.
Global crude oil prices have fallen by almost 47%?from the scary levels of $149 a barrel in June, with the…
The price of crude oil that India imports has fallen by almost 30% since June 2008, when the government increased…
There could not be a better festival gift from Prime Minister Manmohan Singh to the people of Nepal.
The country?s largest oil refining and marketing company-IOC- has offered to meet the entire demand of petroleum products emerging out…
Even as the future of gas imports from the $8-billion Iran-Pakistan-India gas pipeline project remains hazy, India has started exploring…
Essar Oil Ltd, which is close to tripling the capacity of its Vadinar refinery in Gujarat to 34 million tonne…
SP leader, Amar Singh has asked the government to frame standard gas sales and purchase agreements in order to avoid…
RIL plans to ramp up gas production from its D6 block in the KG basin from 80 mmscmd to around…
In what signals a major shift in the oil and gas business strategy of RIL, the country?s largest private sector…
Delivered price of regassified-LNG (procured under long-term contracts) at over $21 per mmbtu and cost of power generation at Rs…
India is set to amend the Atomic Energy Act, 1962, to allow the entry of private players in the generation…
Cairn India may have to sell crude from the Barmer fields in Rajasthan at a substantially low rate as domestic…
The banking division of the ministry of finance is working on relaxing group exposure norms for big corporates.
Can the rigid mandate of the NIF be relaxed in the new political climate? It would seem so, according to…
The government is in ?no hurry? to allow private sector participation in setting up nuclear power projects in the country.…
In a major public-private partnership initiative, the government is considering development of coal mines through price-based bidding as was done…
The verdict on the factual schedule of first oil and gas production from the country?s biggest oil and gas discovery…
