The government has slapped a $520-million (around Rs 3,941 crore) demand notice on billionaire Anil Agarwal’s oil and gas unit Cairn after an audit found alleged discrepancies in cost recovery in th...

Ahead of a proposed move to fully privatise state-owned fuel retailer Bharat Petroleum Corp Ltd (BPCL), the government had quietly repealed the legislation that had nationalised the company, doing awa...

BIT-Sindri welcomed a distinguished guest on Friday, who visited her alma mater after 35 years, barring a brief trip in 2014, and shared her success story with the wide-eyed BTech students on the camp...

ONGC’s third-quarter net profit jumped 65 per cent to Rs 8,262.70 crore on higher prices for oil and gas output, from Rs 5,014.67 crore in the same quarter of the previous financial year.However, ON...

The fourth round of auction for oil and gas blocks saw only two PSUs — ONGC and Oil India Limited — submitting bids for seven fields. Oil and Natural Gas Corporation (ONGC) bagged all the seven oi...

Top executives of Oil and Natural Gas Corporation (ONGC) and bureaucrats within the government have successfully thwarted an attempt by the Niti Aayog to privatise the country’s largest oil and gas ...

Reliance Industries along with BP have bid for an exploration acreage for the first time in their eight-year partnership under the government’s open acreage licensing policy for oil and gas that has...

“Scooters India to be sold” blared the headline. The year was 1985 and it caught my eye because this was a very different era, long before it was fashionable to talk about selling off public-secto...

Oil and Natural Gas Corporation on Wednesday said it would invest more than Rs 13,000 crore in exploring oil and gas in Assam by drilling over 220 wells across the state in the next five years.The com...

Global energy major Exxon Mobil may jointly bid with state-owned ONGC for hydrocarbon blocks in the coming rounds of oil and gas block bidding.ONGC on Tuesday signed a memorandum of understanding (MoU...