The rules, issued under the recently approved Oilfields (Regulation and Development) Amendment Act, 2025, replace the earlier system of mul...

FICCI has expressed concerns to the Oil Minister regarding the recent GST hike on capital goods for the oil, gas, and CBM sectors. They arg...

Hardeep Puri highlighted policy reforms to boost oil and gas exploration. These reforms aim to ease business for operators. Amendments to t...

The new oilfield development bill passed by the Lok Sabha will prevent the imposition of windfall tax on oil and gas producers, stated petr...

Prime Minister Narendra Modi stated that amendments to the Oilfields Regulation & Development Act will provide policy stability, extended l...

Oilfield services expect increased mergers in 2025. Deregulation under the new administration will fuel this trend. Oil producers have alre...

Prime Minister Narendra Modi lauded the Oilfields (Regulation and Development) Amendment Bill, 2024, passed in the Rajya Sabha, as crucial ...

The government aims to pass 16 bills in the ongoing winter session of Parliament, with a significant emphasis on reforms in the banking, sh...

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...

The Indian government has exempted bankrupt petroleum firms' mining leases, exploration licences and production and revenue-sharing contrac...

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

The current rules permit grant of petroleum exploration licence (PEL) for seven years in on land and shallow water areas and for eight year...

GE said in a statement last week that it was in talks with the oilfield services provider on potential partnerships but none of those optio...

The Chief Minister pointed out that Central PSUs namely OIL and ONGC engaged in production of petroleum in Assam waste away a considerable ...

The new company will initially employ four staff in Mumbai, with the expectation that this will increase as business in India gathers pace.

Iraq reported on Monday a sharp rise in proven oil reserves that saw it leapfrog Iran into third place worldwide, as the war-battered count...