Recent Strait of Hormuz tensions reveal India's deep dependence on imported oil. Vedanta Chairman Anil Agarwal stresses India is under-expl...

The government is set to protect oil and gas explorers. New contracts will compensate them if laws reduce economic benefits. Adjustments to...

The Rajya Sabha passes a bill amending the Oilfields Act of 1948, offering policy stability, international arbitration, and extended leases...

Prime Minister Narendra Modi lauded the Oilfields (Regulation and Development) Amendment Bill, 2024, passed in the Rajya Sabha, as crucial ...

Introduced in Rajya Sabha, the Oilfields (Regulation and Development) Amendment Bill, 2024, aims to ensure policy stability for oil and gas...

Companies will not be required to seek renewal in future contracts, helping them plan their investments better. For the existing contracts,...

The government had launched the eighth round under the Open Acreage Licensing Policy on July 7 and is hoping to attract more bidders by str...

The current rules permit grant of petroleum exploration licence (PEL) for seven years in on land and shallow water areas and for eight year...

Under the one-year contract, Essar Oilfields "will be deploying the MR#11 land rig for the job, which is expected to commence in the next f...

Govt has received 57 expressions of interest (EoIs) for the first round of auctions; DGH is on course to launch auction & award blocks.

A fully-owned subsidiary of Essar Shipping Ltd, Essar Oilfields owns and operates 15 land rigs and one offshore semi-submersible rig. The c...

Officials and industry executives said ONGC is considering the move as its Chinese partner CNPC has begun pulling out its workers from the ...

ONGC Chairman and MD Sudhir Vasudeva and other members of the Board of Directors inspected the Ankleshwar oilfield yesterday.

Oil India is chalking out an expansion and diversification strategy that could also include an entry into the city gas distribution space

India's state-run explorers and refiners may have the technical capability to operate oilfields and refineries in Libya. But New Delhi is u...

Government owned Oil India Limited is planning to foray into oilfield services consultancy business.

ESL has said it is exploring opportunities to reorganise and consolidate its business by merging itself with oilfield services and port/ter...