Lessons from Hormuz crisis: Vedanta’s Anil Agarwal shares how India can break the 88% crude dependency cycleRecent Strait of Hormuz tensions reveal India's deep dependence on imported oil. Vedanta Chairman Anil Agarwal stresses India is under-expl...
21 Apr, 2026, 05.11 PM IST
Oilfields bill an important legislation: PM ModiPrime Minister Narendra Modi lauded the Oilfields (Regulation and Development) Amendment Bill, 2024, passed in the Rajya Sabha, as crucial ...
03 Dec, 2024, 08.50 PM IST
Capex on developing oilfields to drop below $3.5 billion in 2030Capital expenditure on developing oil projects is estimated to drop below $3.5 billion in 2030 from around $4.3 billion in 2024. The estima...
13 Feb, 2024, 12.47 AM IST
Oilfield auction deadline deferred for second time: DGHThe second round of Discovered Small Fields (DSF) auction opened in August, and December 18 was the original deadline for submission of bid...
17 Jan, 2019, 03.24 PM IST
Indian Oil acquires Shell's 17 per cent Oman oilfieldMukhaizna oilfield is the single largest producing individual oilfield in Oman, contributing about 13 per cent of total Omani crude oil pro...
05 Apr, 2018, 08.52 PM IST
Asian Oilfield gets LoA of Rs 69 crore from Oil India; shares surge 4%Shares of the company opened at Rs 222 and touched a high and low of Rs 225.90 and Rs 218.05, respectively.
12 Dec, 2017, 04.24 PM IST
Oilfield contract extension to open taps for Cairn IndiaThe move will put to rest the uncertainty over future production, a critical overhang on the stock; to likely add $1 b to firm's valuation,...
24 Mar, 2017, 08.22 AM IST
Modi government may turn matchmaker to help bidders unite for oilfield saleGovt may play matchmaker between capital providers, tech firms and oilfield services firms to bid for 67 small discovered fields.
19 Oct, 2016, 01.04 AM IST
ONGC Videsh Ltd, IOC consortium to buy Russian oil fields for $4.2 billionONGC Videsh Ltd (OVL) and a consortium led by Indian Oil Corp today signed agreements to buy stake in two Russian oilfields in Siberia for ...
16 Mar, 2016, 06.16 PM IST
Cairn Q2 profit increased by 8% at Rs 3,385 croreCairn India has reported an 8% increase in its net profit at Rs 3,385 crore in the second quarter because of higher output from its Rajasth...
22 Oct, 2013, 06.02 PM IST
- Stop Vedanta from taking over Mangala oilfield: CPI-M MP
A demand for aborting the USD 9.6 billion Cairn-Vedanta deal to take over the Mangala oilfield in Rajasthan to avoid "another 2G kind of sc...
09 Mar, 2011, 04.23 PM IST
- UK's Swire Oilfield Services establishes Indian unit
The new company will initially employ four staff in Mumbai, with the expectation that this will increase as business in India gathers pace.
25 Jan, 2011, 11.17 AM IST
- Very slippery ground in oil
Is it a good strategy for India to follow China and buy up large oilfields abroad as energy security? ONGC is investing a few billions in p...
20 Mar, 2010, 04.34 AM IST
- India may lose a gas project in Iran
India's oil diplomacy that suffered a setback last week when China snatched a deal to develop one of Iran's biggest oilfields, may again be...
04 Oct, 2009, 01.07 PM IST
- ONGC to help fix price of Cairn’s crude from Barmer oilfield
According to reports, discussions are on for pricing benchmarking. Cairn India has proposed ‘Bonny Light’ as the reference crude grade.
23 May, 2009, 01.45 AM IST
- Essar Oilfields to set up regional base in Dubai
Essar Oilfields Services Limited is going to set up its regional base at the Dubai Maritime City (DMC) with an eye on the huge opportunitie...
07 May, 2007, 12.40 PM IST
- India to develop oil-field in Kazakhstan
India would like to participate in the development of oil fields in Kazakhstan, Prime Minister Manmohan Singh has said.
18 Jul, 2006, 01.30 PM IST