India has a dangerous addiction to imported crude, and it should be wary of getting too cozy with its dealer.

Surging oil demand in India is prompting almost all big global players to devise new plans for the country.

India’s oil consumption surged over 11 per cent in 2016 to the most on record.

Hindustan Petroleum Corp has just won an arbitration award worth Rs 806 crore.

The Cabinet Committee on Economic Affairs had approved award of 31 fields out of 34 that received bids in the auction that closed on Novemb...

After becoming oil minister in 1995, he steered the world’s largest crude exporter through wild price swings, regional wars, technological ...

Touted as an auction round that would replicate the shale gas revolution of the US, half of the fields went to new and lesser known entrants

Government headhunter Public Enterprise Selection Board (PESB) selected Surana for the top job at HPCL after interviewing a dozen candidate...

Reliance Industries, ONGC and BPCL walked away with the top honours at the annual PetroFed Oil & Gas Industry Awards here today.

Indian markets are likely to trade in a range. Here is a list of ten stocks which are likely to be in focus in trade today.

Prize Petroleum, the upstream arm of HPCL has signed an agreement with Australian exploration firm AWE to acquire minority stakes in two ga...

ONGC Videsh Ltd has won two onland oil blocks in Myanmar, strengthening its presence in the south-east Asian nation.

BG Group has sold the controlling stake in Gujarat Gas to state-owned Gujarat State Petroleum Corp for Rs 2,463.8 crore.

State-run Hindustan Petroleum Corp is poised to merge Prize Petroleum with itself after attempts to woo buyers for a 50% stake in its oil e...

ICICI Bank and HDFC Bank plan to sell their 50 per cent stake in state-owned HPCL's oil exploration firm, Prize Petroleum Co Ltd.

A global regulatory body said on Wednesday it had agreed a broad plan to tighten supervision of big banks and financial firms blamed for tr...

Indian companies are vying for oil assets in Australia. Reliance Industries (RIL), Essar Oil, Videocon Group, GSPC, BPCL, GAIL India, GVK o...