President Joe Biden's administration had launched the review earlier this year in what had been widely seen as a first step in delivering o...

Carbon credits are financial instruments generated by projects that reduce or avert greenhouse-gas emissions such as mass tree plantings or...

U.S. West Texas Intermediate (WTI) was up 40 cents, or 0.8%, at $53.61 a barrel by 0128 GMT after gaining nearly 2% on Tuesday. Brent crude...

Brent crude was down $2.42, or 4.1%, at $56.08 barrel by 1316 GMT. U.S. crude futures fell by $2.11, or 4%, to $51.27.

EIA reported that US crude oil production reached 12 mbpd for the first time last week.

With oil prices down by more than half since the price collapse two years ago, drillers have cut their exploration budgets to the bone.

ONGC is in the process of hiring expensive high specification rigs for jobs that can be done by the much cheaper standard rigs, triggering ...

ONGC has been swamped with offers in a tender it floated for hiring five deep sea rigs for its KG-basin gas block campaign.

The measures were worth $167 billion last year for the oil, natural gas and coal industries, according to the Organization for Economic Coo...

BRO and Arunachal Pradesh government have responded with alacrity to the Centre's plan to construct roads along the Indo-China border for t...

"Abrupt and sharp increases in oil prices have played a key role in precipitating recessions in 1973-75, 1980-81, 1990-91, 2001 and 2008-09...

At 11:30 a.m.; the stock was at Rs 325.35, up 1.83 per cent, on the BSE. It touched a high of Rs 330.70 and a low of Rs 320.70 in trade tod...

Gujarat State Petroleum Corporation today said it has spudded its third appraisal well in the Deen Dayal East area of the KG Block.

Paulson & Co, the $36-bn hedge fund founded by John Paulson, took a stake in HP and increased its holding of Transocean, adding cos undergo...

Crews working to seal BP's blown-out well in the Gulf of Mexico once and for all need to finish one more test on a cement plug before decla...

The Godrej Group has consolidated the operations of insecticides joint venture Godrej Sara Lee with Godrej Consumer Products in a bid to ta...

The Centre is anticipating an investment of Rs 2.20 lakh crore for the modernisation and upgrading of highways in the country by 2012.