India's ONGC is in talks with Venezuela's PDVSA to acquire stakes in two oilfields, San Cristobal and Carabobo. This move hinges on ONGC se...

The reopening of the Strait of Hormuz could trigger a faster-than-expected recovery in global oil supplies. With tankers already positioned...

Iran war: Tankers are using stealth to exit the Strait of Hormuz, freeing oil trapped in the Gulf. The practice of ships going dark is wide...

Union Minister Hardeep Singh Puri reassured citizens that no lockdown-like restrictions are imminent despite Prime Minister Modi's call for...

Landman Season 3 update: Season 3 of Landman is progressing quickly, with director Stephen Kay confirming that episodes are being edited du...

Production stopped at the Sarsang oilfield in Iraqi Kurdistan due to an explosion. HKN Energy confirms no injuries. Firefighters are workin...

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

ONGC seeks US exemption to gain operational control of its oil fields in Venezuela. The company has struggled to repatriate $500 million of...

The salient features of the amendments proposed in the said Bill, introduced in the Upper House today, are delinking petroleum operations f...

ONGC’s four vessels, including three hired from oilfield service provider Afcons, carried 701 people when they went adrift after their anch...

The rig deployed at Kalol oilfield has a capacity of 1,500 horsepower that can drill up to a depth of 4 km, said Meil vice-president P Raje...

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

The oil ministry and exploration firms are keenly debating the merits of two different contract regimes for oilfields operated by companies.

Oilfields are leased to companies for 15-25 years, but before the lease expires the company needs to know if it will retain the field.

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

The new company will initially employ four staff in Mumbai, with the expectation that this will increase as business in India gathers pace.

ONGC Mittal Energy (OMEL), a JV between ONGC Videsh (OVL) and LN Mittal-owned Mittal Investment, plans to pick up a stake in an Azerbaijan ...