ONGC, collaborating with Cudd Pressure Control, has made significant progress at Well RDS#147A, removing rig material and preparing for wel...

As U.S. Gulf Coast production and refining activity resumes, investors have opted to offload oil contracts going into the weekend, said Bob...

Brent crude futures for July settled 71 cents lower, or 0.85%, to $82.96 a barrel. U.S. West Texas Intermediate crude for June fell 84 cent...

The market tumbled earlier in the session after a New York Federal Reserve Bank manufacturing survey showed a third month of declines in ne...

Indian explorers are finding it hard to source rigs, especially jack-up rigs, for their projects, as high oil prices have pushed up explora...

ONGC Tripura Asset has achieved record gas production of 1,675 Million Standard Cubic Metres (MMSCM) in 2022-23 FY, breaking its previous r...

The company wants to begin with offering diving services for the maintenance of offshore oil rigs over the next two years and then subseque...

Iranian oil exports remain at historic lows as Tehran is shunned by global refiners.

Data from Federal Reserve indicated that oil companies are starting to reverse their behavior of shutting down wells and halting production.

Talking to equity analysts late, RIL said that it has lowered capital expenditure on its shale gas business for 2015-16 by 30% year-on-year...

India's oil and gas production targets slipped significantly in the 11th Plan because of delays in project implementation by ONGC, Cairn an...

Reliance Industries has sublet the only deep-sea drilling rig it currently has to Malaysia's Petronas, leaving no rig deployed at any of it...

Reliance Industries has threatened to stop oil and gas exploration if it is not granted the promised drilling moratorium to cover for the a...

Jindal Drilling & Industries, part of the DP Jindal Group, is in discussions with Norwegian offshore services group Sevan Marine to form a ...

Indian capital goods companies are entering the rig business, fuelled by a global boom in exploration due to the trebling of crude oil pric...

oil explorers led by Oil & Natural Gas Corp (ONGC) are losing rigs to rivals in countries such as Mexico and the UK as their existing contr...

Reliance Industries (RIL) is likely to miss the June 2008 deadline for commercial production of gas from the Krishna Godavari (KG) basin.