The government has also extended the deadline for the eleventh round under the Open Acreage Licensing Policy (OALP), launched in March. he ...

Global oil markets have shifted dramatically. Geopolitical tensions have caused a surge in Brent crude prices. Supply disruptions are a maj...

Fuel prices are volatile, electricity tariffs are rising, and your LPG cylinder is at the mercy of global events. Here’s how switching to a...

America's Operation Epic Fury is now Operation Economic Fury. The US is targeting Iran's cryptocurrency networks. This aims to stop Iran fr...

The oil ministry proposes allowing oil companies to jointly develop oil fields with connected reservoirs, aiming to avoid disputes like the...

There are two regulatory bodies in the oil and gas sector - the Petroleum and Natural Gas Regulatory Board, which is a regulator for downst...

The govt hopes the proposed move would enhance ease of doing upstream business, but industry execs say that the presence of bureaucrats in ...

Global oil prices are likely to stay weak, which may put a dampening effect on all oil and gas stocks, warns Hazari in a chat with ET Now.

IOC, BPCL and Hindustan Petroleum Corp had reported a revenue loss of about Rs 24,563 crore in the July-September quarter.

ONGC has so far made 11 oil and gas discoveries in the Krishna Godavari basin block KG-DWN-98/2 or KG-D5 which sits next to Reliance Indust...

'Within the govt regulated sectors, oil and gas looks the most promising and with the decline in crude oil prices, things are getting bette...

The idea is to avoid controversy over costs and field operations and do away with the concept of profit petroleum, cost recovery and invest...

A panel of ministers on corruption has asked the government to create an independent regulator for oil and gas fields.

The Chawla Committee was constituted this year to consider measures for tackling corruption in allocation of natural resources after the 2G...

The petroleum ministry has opposed the creation of a new independent regulator for the oil and gas sector, raising doubts about the impleme...

Govt is on course to notify the Petroleum and Natural Gas Rules, 2008, to regulate safety in offshore oil and gas exploration, exploitation...

At present, the DGH acts as a regulator for the upstream sector while a regulator for the downstream sector has been proposed by the Govern...