Oil India Ltd has discovered natural gas in the previously unexplored Matsyapuri formation in the Krishna-Godavari Basin. The company said ...

Oil India Ltd. announced a significant natural gas discovery in a shallow-water block of the Krishna Godavari Basin. The Godavari-1 apprais...

MSCI Inc.’s regional equities benchmark slipped 0.3%, declining for a second day, leaving the gauge hovering around levels last seen in Jul...

Sunil Kumar has been appointed as chairman of ONGC, succeeding Arun Singh, effective December 7. Kumar’s appointment follows recommendation...

Donald Trump has announced intentions for large-scale oil and mineral exploration in Greenland, emphasizing its potential resources. The an...

After a long run of red days, the screen finally turned green on Tuesday. And for once it is not just the big names, the broader market joi...

China is accelerating oil and gas exploration in ultra-deep and offshore reserves to strengthen domestic energy supplies amid global market...

The government has raised the ceiling price for gas from difficult fields such as Reliance-BP’s KG-D6 block to $9.89 per MMBtu for October ...

Oil prices are still up, and so are bond yields, both in the US and in other major markets. And fresh troubles seem to crop up somewhere or...

OIL is eyeing higher domestic oil and gas production, accelerated exploration including deep and ultra-deepwater opportunities, strengtheni...

A speculative scenario set in October 2030 imagines a third global natural gas crisis in eight years, as faltering US shale output, extreme...

Larsen & Toubro's energy hydrocarbon offshore business secured a large order from ONGC. This order involves developing offshore projects of...

The US government secured a 35% stake in a Venezuelan oil venture. This stake was structured as warrants to protect against capital raises....

International energy giants are on the brink of finalizing key agreements for projects in Venezuela, which may be signed within the week. F...

The Iran war and closure of the Strait of Hormuz are reshaping global oil trade, with producers across the Americas gaining market share fr...

ONGC plans to enter crude and petroleum product trading operations soon. A new strategic petroleum reserve will be built in Mangalore. Expl...

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