Will ONGC Videsh, the overseas ventures arm of India’s largest exploration firm ONGC, be merged back into an insecure parent?
Finance minister P Chidambaram has asked cash-rich public sector units to invest more aggressively ? Rs.1.2 lakh crore over the…
Increase in subsidy share hits modernisation and expansion plans hard; firms demand transparent, predictable system to handle issue.
Regulations, gas shortage coming in way of oil ministry?s ambitious city gas network.
India continues to significantly increase its urea import from Iran, while state-owned Indian oil companies gradually cut down their oil…
The petroleum ministry has asked state-run oil explorer ONGC to scrap a tender meant to sell stake in four coal…
Rs 2 lakh crore paid since 2003-04 to IOC, HPCL & BPCL n ONGC worst sufferer, sharing 85% burden.
India’s gas-based power stations are facing an uncertain future. Depleting output from Reliance Industries? KG-D6 block and non-availability of adequate…
The government’s indecision on freeing pricing of petroleum products for state-owned oil marketing companies is not only hurting their profitability,…
Contrary to popular perception, state-owned oil and gas explorers are not lagging behind their private sector counterparts in adding to…
Amid growing tension over US and EU sanctions on importing oil from Iran, Prime Minister Manmohan Singh has scheduled a…
After initial reluctance, state-run oil marketing company Indian Oil Corporation has agreed to take a stake in the proposed nine-million-tonne…
Mangalore Refinery and Petrochemicals is finding it difficult to import the contracted quantity of oil from Iran for July due…
In a move that may virtually rule out any revision of Reliance KG-D6 basin gas price of $4.2/mmbtu before 2014,…
India’s largest gas marketer GAIL is in talks with a clutch of US hydrocarbon majors including Texas-based Freeport LNG as…
The oil ministry may seek the approval of Cabinet Committee of Economic Affairs on the long pending issue of coal…
As the EU sanctions on Iran?s oil trade came into force on July 1, Indian refiners have cut their crude…
New Delhi, which stood firm against the global potash cartel last year, has decided to defer fresh imports of the…
