India is working towards energy independence. The nation is heavily reliant on oil imports. The government is introducing reforms to boost ...

The Rajya Sabha passes a bill amending the Oilfields Act of 1948, offering policy stability, international arbitration, and extended leases...

India's fuel consumption is rising while global demand weakens, affecting next year's crude purchase negotiations. The govt plans to pass b...

Introduced in Rajya Sabha, the Oilfields (Regulation and Development) Amendment Bill, 2024, aims to ensure policy stability for oil and gas...

The salient features of the amendments proposed in the said Bill, introduced in the Upper House today, are delinking petroleum operations f...

Niti Aayog has sent its policy recommendation to the oil ministry, saying any extension of oilfield contracts should be as per the original...

The petroleum ministry has proposed amendments to existing law to include cleaner sources of energy like hydrogen within the definition of ...

Iraqi Kurdish peshmerga forces took control of Kirkuk, home to key oilfields including Bay Hassan, in June 2014 after federal forces withdr...

Cairn is the operator of Rajasthan block with 70 per cent interest while the balance is held by state-owned Oil and Natural Gas Corp (ONGC).

The government asked a court to restrain a $15 billion deal in which the world’s most profitable company and top oil exporter Saudi Aramco ...

A strategy paper prepared by the caretaker of the country's hydrocarbons treasure suggests that the "over-cautious approach" in evaluating ...

More than three weeks after the CCEA gave conditional nod to the Cairn-Vedanta deal, the Oil Ministry sent a formal letter to the companies...

ONGC and Cairn India have crossed swords again as the British explorer has questioned the estimates of gas reserves in the KG Basin.

The GoM recommended that Cairn withdraw the cess arbitration and agree to pay its share of cess as the second pre-conditions for approval.

The impasse over the controversial $9.6-billion Cairn-Vedanta deal could continue till May because key ministers are currently busy with st...

In a blow to Cairn Energy, the government's law officers have held that Edinburgh-based firm needs state-owned ONGC's consent to sell its m...

After keeping it on tenterhooks for months, the government looks set to clear London-listed mining group Vedanta Resources' USD 9.6 billion...