Even as country?s private sector firm RIL has begun oil production from its eastern coast D6 block and is all…
RIL has started oil production from the country?s first deep sea oilfield (D-6 block) in the Krishna Godavari basin.
ONGC has firmed up its funding strategy for acquiring the UK-listed Imperial Energy, which has a significant presence in Russia?s…
Mukesh Ambani?s RIL along with China National Petroleum Corporation and Argentina?s Pluspetrol have won a gas block in Peru in…
The collapse of Lehman Brothers and the $50-billion take over by Bank of America of ailing Wall Street investment bank…
Criticising India?s oil subsidy policy, Fitch Ratings has said shifting the burden of high oil prices to future generations was…
With the price of Indian basket of crude oil falling below $100 a barrel, the government is under tremendous pressure…
Leading private financial institution IL&FS will pick 50 % stake in NTPC-Bhel Power Projects Pvt Ltd and would be the…
The India growth story runs the risk of being derailed if urgent steps are not initiated now to wipe out…
Thanks to the drop in global crude oil prices, the projected losses of the three state-owned oil marketing companies-Indian Oil,…
ONGC Videsh Limited has finally defeated the Chinese oil major Sinopec in its race for the UK-listed Imperial Energy. A…
The three state-owned OMCs have been pulled up by the government for the reported shortages in fuel supplies, especially diesel…
The government is reluctant to accept most of the recommendations made by the high-powered committee lead by BK Chaturvedi in…
RIL may soon be allowed to sell diesel to the state-owned oil marketing companies. Faced with unprecedented growth in demand…
The DGH is ready with its final recommendations to the empowered committee of secretaries for awarding 45 of the 57…
The Centre has finalised three new sites, each in Orissa, Maharashtra and Tamil Nadu for setting up of 4,000-mw ultra…
The country?s energy sector witnessed top level changes at the bureaucratic level as also in two CPSEs.
The finance ministry (MoF) is under tremendous pressure from the petroleum ministry to revive the SMO scheme of the Reserve…
