El Niño and geopolitical tensions cloud India’s rural economy: A somber 2026 outlookIndia’s rural economy faces pressure in 2026 from a likely El Niño-driven weak monsoon and rising input costs due to US-Iran tensions. Lowe...
21 Apr, 2026, 09.35 AM IST
Connected oil reservoir? Share or surrenderThe oil ministry proposes allowing oil companies to jointly develop oil fields with connected reservoirs, aiming to avoid disputes like the...
09 May, 2025, 01.13 AM IST
Only one fourth of oil major BP's 10,000 job cuts to be voluntary as company reinvents itselfThe oil major announced plans in June to lay off almost 15% its 70,000-strong workforce as part of Chief Executive Bernard Looney's plan to...
16 Oct, 2020, 05.04 PM IST
Scientists use Indian Ocean earthquake data to tell how fast it is warmingScientists have developed a novel method to determine how fast the Indian Ocean is warming by analysing the sound from seabed earthquakes, ...
19 Sep, 2020, 12.28 PM IST
OIL to challenge Pollution Control Board closure notice in Gauhati High CourtOil India Limited (OIL) will file writ petition in the Gauhati High Court challenging Pollution Control Board, Assam (PCBA) which served a ...
21 Jun, 2020, 08.26 PM IST
ONGC charts course for new 'avatar'; targets USD 15-16 billion investmentONGC Energy Strategy 2040 envisions the company as "A diversified energy company with a strong contribution from non E&P business; 3x reven...
30 Aug, 2019, 08.29 PM IST
Series of commissioning activities inaugurated at Vizag Steel PlantThe COB-5 was constructed along with the existing batteries at a cost of Rs 2,500 crore with a production capacity of 8.40 lakh tons of bla...
24 Jul, 2019, 07.51 PM IST
Bad news for PM Imran Khan, no oil & gas reserves found off Pakistan shoreThe drilling work at Kekra-1 well in deep sea near Karachi has been stopped after no oil or gas reservoir could be found, according to Spec...
19 May, 2019, 04.57 PM IST
DGH seeks data on ONGC's top 47 fields after rejection of bid to privatise fieldsDGH said the timetable for submission of all data pertaining to 59 nomination fields of NOC was finalised in a meeting chaired by Secretary...
31 Mar, 2019, 02.10 PM IST
Govt nod must for producing from oilfields with extended reservoirThe government has amended the Model Revenue Sharing Contract (MRSC) of Discovered Small Fields Bid Round-II to insert two key points on re...
23 Jan, 2019, 03.30 PM IST
Government to appeal against arbitration panel rejecting its $1.5 billion claim against RelianceThe Oil Ministry had sought an opinion of the Law Ministry on the July arbitration award going against the govt.
16 Sep, 2018, 02.03 PM IST
Government to appeal against arbitration panel rejecting its $1.5 billion claim against RelianceThe government is likely to appeal against a ruling by an international tribunal that rejected its USD 1.55 billion claim against Reliance ...
01 Aug, 2018, 04.36 PM IST
- Saudi Aramco's novel technology to help find new oil fields
Riyadh, Nov 24 (IANS) World's top crude oil producer Saudi Aramco, the state-owned oil company of the Kingdom of Saudi Arabia, said it made...
24 Nov, 2016, 02.27 PM IST
Videocon shares soar nearly 9 pc on oil discoveryVideocon Industries' stock jumped 8.79 per cent to settle at Rs 172.10 on the BSE. During the day, it surged 15.61 per cent to Rs 182.90.
03 Feb, 2015, 08.49 PM IST
- Oilex strikes gas reserves over 1.5 TCF in Gujarat
Industry estimates put the total resource base or inplace reserves in the Cambay basin discoveries near the town of Khambat at between 20-3...
06 Sep, 2010, 03.40 PM IST
- BP's oil well can go on spewing
British Petroleum's out-of-control well will go on discharging oil into the Gulf of Mexico for the next two years or more if all attempts t...
19 Jun, 2010, 04.33 PM IST
- Petroleum engineers strike paydirt
Oil companies flush with the success of striking gas off India’s coast, have poured more than $2 billion into oil exploration and that mean...
12 Jan, 2007, 01.05 AM IST