Indian Oil Corporation increased LPG production by nearly thirty percent. Refineries operated above full capacity to ensure energy supply c...

The government will support deepwater exploration through 2030-31 with significant funding. About forty-three thousand crore rupees will fu...

ONGC seeks dedicated deepwater drillship capacity for its exploration program. The state explorer issued an expression of interest for rig-...

The markets experienced fluctuations as they weighed the prospects of interest rates against concerns over oil prices and geopolitical issu...

ONGC and Shell Energy India have signed a non-binding agreement for exploration. They will explore deepwater and ultra-deepwater oil and ga...

India has enhanced its energy security by diversifying crude oil supplies. Strategic infrastructure expansion and domestic exploration inve...

India's government will fund offshore oil and gas exploration directly from its national budget. The "Samudra Manthan" scheme allocates sig...

ONGC will drill 150 deepwater wells over seven years. The Samudra Manthan scheme aims to boost domestic oil and gas exploration. This initi...

The Union Cabinet has approved the Samudra Manthan mission with a financial outlay of Rs 84,084 crore, aimed at boosting deepwater and ultr...

India plans an Rs 80,000-crore incentive package for deepwater oil exploration. The government will fund up to half the cost of drilling ex...

ONGC began drilling its first deepwater exploratory well in the Mahanadi offshore basin. This ambitious campaign aims to tap India's vast h...

The Iran war has pushed countries to prioritise energy self-reliance, with India accelerating an already underway shift toward boosting dom...

The rig has been newly built at Daewoo Shipbuilding and Marine Engineering's Okpo shipyard in Korea.

British oil major British Gas is all set to pick up a 30% stake in ONGC’s KG basin block (KG-DWN-98/4) and 25% in Mahanadi basin block (MN-...

ONGC is in talks with global oil firms StatOil, Norway’s Norsk Hydro among others, to secure an ultra deepwater rig for drilling well UD-1.

Upstream companies Reliance Industries (RIL) and Oil and Natural Gas Corporation (ONGC) are in a race to hire drillships from Transocean, t...

Due to shortage of oil rigs, RIL is in talks with ONGC on sharing of infrastructure in deep-sea basins.