Iran appears to have eased India out of two key projects that New Delhi has been long invested in: the Chabahar-Zahedan Railway Line and the development of the Farzad-B gas field that was discovered b...

Market benchmark Sensex surged over 300 points in early trade on Thursday tracking advances in global equities as positive macroeconomic data flow and hopes of a Covid-19 vaccine boosted investor sent...

Oil and Natural Gas Corp (ONGC) on Tuesday reported its first-ever quarterly loss after it took an impairment on slumping prices. India’s top oil and gas producer reported a Rs 3,098 crore loss...

State-owned Oil and Natural Gas Corp (ONGC) has raised $300 million in overseas borrowing at a coupon rate of 3.375 per cent, the lowest by any Indian issuer, to meet its capital expenditure.The 10-ye...

The government plans to sell its stake in Rural Electrification Corporation to Power Finance Corporation at a premium, which could fetch about Rs 15,000 crore to the exchequer.PFC would acquire the 52...

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proposed move to fully privatise state-owned fuel retailer Bharat Petroleum Corp Ltd (BPCL), the government had quietly repealed the legislation that had nationalised the company, doing awa...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 Videsh Ltd and its partners in Russia’s Sakhalin-1 project have agreed to pay Russian giant Rosneft $230 million to settle an oil production dispute out-of-court, its managing director N. K. Ve...

The US has allowed India to continue to buy oil from Iran after it agreed to cut the amount of crude oil imports by a third of the 2017-18 level.The country is the second biggest buyer of Iranian crud...