Ninety of the 124 companies assessed do not disclose the taxes they pay in foreign countries, while 54 disclose no information on their rev...

ONGC says it lost three years because the ministry and DGH refused to approve its partnership with Norway's Statoil and Petrobras of Brazil...

State-owned KazMunaiGaz National Co held 75 per cent interest in the block with an estimated 387 million tons of resources (2.8 billion bar...

Statoil had in February 2013 given up the Abai offshore block spending about seven years negotiating to start exploration.

Russian state oil major Rosneft has offered ONGC Videsh Ltd (OVL) a stake in nine offshore oil and gas blocks in Barents Sea and one in Bla...

ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), is looking at selling 50 per cent stake in its Cuban offs...

ONGC Videsh Ltd is evaluating options of staying put in Cuba after its Spanish partner Repsol YPF failed to find an oil and gas in an offsh...

Cairn Energy today reported a record full year profit of USD 4.56 bn for 2011 on the back of proceeds from 40% stake sale in its Indian uni...

Norwegian government-owned energy major Statoil on Monday announced a multi-million dollar deal with India’s fourth-largest technology majo...

Statoil is the largest supplier of gas from the Norwegian Continental Shelf (NCS) and its biggest activities are located in Norway.

Cairn Energy said Norway's Statoil will partner with it to look for oil and gas in Greenland, showing industry interest in the Arctic regio...

There is a market speculation that ONGC has offered stakes in 18-19 oil and gas exploration blocks to ConocoPhillips.

Oil and Natural Gas Corp is in talks with supermajors like ExxonMobil to replace Norway's Statoil and Petrobras of Brazil who have decided ...

Norwegian Statoil & Brazil's Petrobras quit ONGC KG basin gas block over delays in approving their participation.

Norwegian energy group Statoil is selling some of its oil assets in the United States to China's state-owned CNOOC.

Iran will be able to complete the Anaran oil project on its own after Norwegian oil and gas group StatoilHydro said it will not make any ne...

Oil and Natural Gas Corp has won oil regulator DGH's approval for giving stakes in its gas rich Krishna Godavari basin block to Petrobras o...