India has 26 sedimentary basins, of which only seven have commercial production of oil and gas.

The Net Profit for the period was Rs 1,423 crore. It had exceeded the oil and gas production targets by six per cent during FY 2013-14.

ONGC Cauvery Asset is planning to develop three gas fields in Tamil Nadu in a bid to double the gas production from Cauvery Basin, a top of...

ONGC to invest in latest technologies to prevent oil spills from its pipelines in the country, Sudhir Vasudeva, Chairman and MD of the stat...

ONGC registers 17.5% decline in its net profit for Q3 of current financial year because of a higher tax on crude oil and drop in its oil an...

The government is mulling giving statutory status to Oil Industry Safety Directorate which formulates measures for safety in oil and gas in...

KG-D 6 project and Reliance Gas Transportation Infrastructure Ltd got award for maintaining exemplary safety standards.

Govt has no immediate plan to raise diesel, kerosene & cooking gas rates because of high inflation and political constraints.

ONGC will begin inviting gas sale bids from three more of its marginal fields, called the Ankleshwar asset, in Gujarat.

“Co-operation in the field of energy is expected during President Obama’s visit,” said an Indian minister who did not wish to be named.

ONGC, engaged in exploration activities along the Cauvery basin, has achieved an all-time high oil and gas production up to December in the...

State-run ONGC is close to striking black gold in its Cauvery basin deepwater block, with the first well drilled in the block expected to r...

Oslo-based Rocksource has struck a deal with oil major ONGC to pick up a 10% equity stake in ONGC’s deepwater block in the Cauvery basin.

Brazilian national oil company Petrobras is understood to have shown interest in picking up stakes in ONGC Videsh’s (OVL) two oil and gas a...

Brazilian oil major Petrobras is picking up a 40% stake in a Mahanadi deepwater block where ONGC has recently made another gas discovery. O...

Steel baron LN Mittal may have set off on a new oil hunt yet again. And this time the target seems to be Burren Energy.

Essar Oil seems to be twice lucky. Close on the heels of a fresh oil find in the discovered Mehsana oil fields, the company has encountered...