Prime Minister Narendra Modi’s May 2026 visit to Norway — the first by an Indian Prime Minister in over 40 years — upgraded bilateral ties ...

India is set to launch its 11th Open Acreage Licensing Policy (OALP) round, offering 21 oil and natural gas blocks spanning over 80,000 sq ...

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

India is launching Mission Samudra Manthan, a deepwater exploration drive, and expanding strategic petroleum reserves to bolster energy sec...

Over 60% of BRICS trade now settles in local currencies. That shift could slow fast. Russia is considering a return to the US dollar settle...

As 2026 begins, oil is no longer just a traded commodity — it is once again a weapon of geopolitics. From Venezuela’s re-emergence as a str...

Turkish President Erdogan has strongly criticized Israel's recognition of Somaliland, calling it illegal and destabilizing for the Horn of ...

Oil firms bid over $300 million for drilling rights in the Gulf of Mexico. This marks the start of 30 planned sales to boost U.S. fossil fu...

ONGC and Oil India Ltd. plan a Rs 3,200 crore stratigraphic drilling campaign in early 2026 to discover new hydrocarbon reserves and reduce...

The impact on the economy will be offsetting each other and we will have to wait and see what the net result is. So, you are saying that, w...

ONGC Videsh Ltd has been granted a 16-year extension to produce oil and gas in Vietnam’s Nam Con Son Basin, and a three-year extension for ...

ONGC Videsh Ltd, India's leading overseas oil firm, has been granted a 16-year extension to its oil and gas production contract in Vietnam ...

"The scale of the opportunity is something that is very exciting ... but there is a lack of talent and it is one of the challenges," said S...

Under the Rs 4000 crore Shipbuilding Financial Assistance (SBFA), financial assistance up to 20% of the Contract Price or the Fair Price (w...

The post of Director (Production) has been created after merging Director (Onshore), who is in charge of all oil and gas fields located on ...

Anil Bhatia, Vice President for Renewable and Hybrid Energy at HBA, said strong winds across deep seas off Gujarat and Tamil Nadu are most ...

With oil prices down by more than half since the price collapse two years ago, drillers have cut their exploration budgets to the bone.