Govt awarded 172 oil & gas blocks in 10 years, but negligible output brings policy and execution into focusIndia's ambitious oil and gas policy has failed to boost domestic production. Despite billions invested and extensive exploration, only one...
02 May, 2026, 12.34 AM IST
Shell to buy Canada's ARC in output-boosting $16.4 billion dealShell's bold $16.4 billion acquisition of ARC Resources, a Canadian energy powerhouse, is poised to reshape the landscape of the oil and ga...
27 Apr, 2026, 06.49 PM IST
EU considers helping with Mideast energy infrastructure to bypass conflict zonesEurope faces a severe fuel crisis and soaring energy costs due to the Iran war. The European Union is now exploring new energy routes in th...
25 Apr, 2026, 10.30 AM IST
India attends UK-led talks as 37 countries sign pledge to secure Strait of HormuzIndia is part of a global effort to reopen the Strait of Hormuz. This crucial shipping route has been blocked, impacting oil and gas suppli...
02 Apr, 2026, 06.01 PM IST
UK to host talks with 35 countries on reopening Strait of HormuzBritain is leading a global effort to reopen the vital Strait of Hormuz. A meeting of around 35 countries will explore ways to restore free...
02 Apr, 2026, 04.48 PM IST
I-T dept lifts freeze on Cairn dividend payout,stake bar staysThe department, using the 2012 law that gives it power to impose retrospective tax, had last year made a demand of Rs 29,047 crore on Cairn...
09 Mar, 2017, 12.35 AM IST
UK energy secretary meets Darmesh Pradhan, discusses hurdles faced by BP on KG-D6 issueDavey also discussed policy hurdles faced by British firm BP Plc in exploration and pricing issues related to the KG-D6 block.
26 Jul, 2014, 12.10 PM IST
IOC to buy 10% stakes in Petronas' LNG project in British Columbia for $900 millionThe acquisition of stake in Progress Energy Resources Corp for 1 billion Canadian dollars mark IOC's maiden entry into North America.
25 Feb, 2014, 01.14 PM IST
CCEA defers approval to IOC stake purchase in gas assetsCCEA today deferred nod to Indian Oil Corp's (IOC) proposal to acquire Malaysian firm Petronas' 10 per cent stake in a shale-gas assets.
12 Feb, 2014, 09.58 PM IST
- Cairn to partner Statoil on Greenland exploration
Cairn Energy said Norway's Statoil will partner with it to look for oil and gas in Greenland, showing industry interest in the Arctic regio...
23 Jan, 2012, 02.26 PM IST
- BP to sign exploration deal with Chinese company: Report
BP is set to sign a major exploration deal with China's biggest offshore oil and gas producer when Prime Minister David Cameron visits Beij...
06 Nov, 2010, 09.31 PM IST
- Cairn says Vedanta deal a litmus test for India: Report
British oil explorer Cairn Energy has warned India that any attempt to hold up the firm's sale of part of its India unit to Vedanta Resourc...
12 Oct, 2010, 11.39 AM IST
- Cairn says discovers oil off Greenland
Cairn Energy, renowned for a major oil find in India, said today that it had discovered pockets of oil and further evidence of gas in offsh...
21 Sep, 2010, 10.24 PM IST
- BP sells $7 bn worth assets in 3 countries
The embattled British energy giant BP will raise $7 billion from selling its assets in three countries, including the US, to primarily fund...
21 Jul, 2010, 07.27 PM IST
- British Gas to invest $1 bn in oil search
BG India, a part of the British Gas group, plans to invest $1b in exploration business in 2-3 years. “We have plans to invest $1 billion in...
05 May, 2008, 02.31 AM IST
- British Gas to invest $1 bn in oil exploration in India
BG India, a part of the British Gas group, plans to invest $1 billion in exploration business in the next two to three year period, a top c...
04 May, 2008, 09.16 AM IST
ONGC to revise bid for Panna-MuktaOIL and Natural Gas Corporation is likely to improve its offer of about $300 million for acquiring Enron's 30 per cent stake in Panna-Mukta...
02 Jan, 2002, 05.03 AM IST