State-owned oil firms, led by ONGC and Indian Oil Corporation, hired over 4,200 people in 2011-12, Petroleum Ministry said today.

Public sector oil companies have prepared a mega plan to help re-fuel a sputtering economy without any burden on the exchequer by spending ...

The government said it has approved proposals to revive 26 central public sector entreprises at a total cost of Rs 8,263 crore.

The ministry of petroleum is considering to disinvest 49% government’s equity in the public sector Biecco Lawrie (erstwhile British India E...