
Indian Oil Corporation?s (IOC) foray into exploration has started yielding returns.

Indian Oil Corporation?s (IOC) foray into exploration has started yielding returns.

The oil major faces a Rs 3,400-crore extra royalty outgo if tax is paid on gross price of crude from…
To curb diversion of domestic LPG, the government is planning a mechanism to transfer subsidy amounts directly to a consumer’s…

Large-scale use of ethanol as a minor additive to petrol is prevalent in 20 countries.

ONGC says ?significant? quantum of investments deferred
The previous government was confident that India would start getting gas through the Turkmenistan…
India is set to start negotiating with Russia the extension of a $30-billion gas pipeline Moscow plans to build to…

Narendra Modi’s BJP blames Manmohan Singh’s UPA for rail fare hike, but shuns LPG tough love policy…

The petroleum ministry has proposed that higher gas price as per the Rangarajan formula…

Oil minister Pradhan keen on a solution, talks to state energy minister Patel

Oil minister orders review of 166 extant PSCs given past failures

Essar Projects, Corrtech Energy, Punj Lloyd, JSIW Infrastructure, Jaihind Projects and KazStroyService are learnt to have shown interest for setting…

For OVL, the GNOP venture is important because it is a producing asset and the potential for expansion is considered…

Tapping oil and gas resources in 165 marginal (small) fields and commissioning ONGC Mangalore Petrochemicals (OMPL) are top on the…

Under present regime, an explorer gets to recover all costs incurred during the exploration cycle.

Offshore fields reach final stage of drilling LO-110 prospect

PSU wants to spend R36,475 crore to boost output by FY17

Oil and gas major ONGC has opposed the UPA government?s move to re-auction the Ratna…