ONGC, India’s most valuable public sector firm by market capitalisation, on Saturday became a company with no chairman and managing director after incumbent Subhash Kumar superannuated and the g...

The government has received an undisclosed number of financial bids for the sale of its stake in ailing helicopter operator Pawan Hans, moving the divestment process to the last stage. “The fin...

India has offered eight oil and gas blocks, mostly in Assam, for bidding in the latest bid round with a view to bringing more area under exploration, leading to an increase in domestic production and ...

India’s top oil and gas producer ONGC is seeking a minimum price of $3.5 to $4 for the natural gas it plans to produce from the coal seams in Jharkhand and a field in Tripura. Oil and Natural G...

The post-war political decolonization in the third world was followed by a struggle for economic decolonization that was no less intense. Many countries that were not formally colonies (hence did not ...

India is working on ways to release crude oil from its strategic storages in tandem with other major economies to dampen prices, a top government official said on Monday. The US had last week made th...

The petroleum ministry has told ONGC to give away a 60 per cent stake plus operating control in India’s largest oil and gas producing fields of Mumbai High and Bassein to foreign companies, acco...

The government on Thursday hiked by 62 per cent the prices of domestic natural gas used by fertiliser units, power plants and CNG for automobiles and piped natural gas supplied to households. The pri...

The government on Thursday hiked by 62 per cent the price of natural gas that is used to produce electricity, make fertilisers and turned into CNG to use as fuel in automobiles and cooking gas for hou...

The formula driven bi-annual domestic natural gas prices are likely to double from October 1 from the present $1.79 per mBtu (million British thermal unit) following a spike in prices at the benchmark...