Saturday, Apr 20, 2024 | Last Update : 07:04 PM IST

oil and gas

Reliance reveals detailed plan to spin off oil to chemical business

RIL has started work on hiving off O2C business into a separate unit for a possible stake sale to companies such as Saudi Aramco

08 Sep 2020 5:00 PM

Oil prices slip on demand worries as coronavirus cases rise

The potential hit to demand comes as OPEC+ countries, are set to step up output in August, adding about 1.5 million bpd to global supply

30 Jul 2020 8:56 AM

Oil prices cautiously rise on output cut support

The market is still being supported by a bigger-than-expected drawdown in US crude stockpiles reported last week

07 Jul 2020 9:04 AM

Spent Rs 10,000 crore on capital expenditure in FY19: Vedanta

India imports around 80 pc of its oil and gas requirements, amounting to USD 150 billion, said Vedanta's Anil Agarwal..

11 Jul 2019 1:04 PM

ONGC seeks partners to boost output from over 60 small oil and gas fields

Selected partners will have rights over part of incremental output on top of baseline production from the blocks.

28 Jun 2019 3:25 PM


Tech firm ZYFRA eyes $50 mn by 2021

ZYFRA's key fields of focus are machinery, metallurgy, mining, oil and gas and chemical enterprises.

14 Jun 2019 3:51 AM

US could offer oil at discount to compensate for Iran curbs

Crude imports from US may more than double to USD 8 billion this year.

21 Jan 2019 9:59 AM

Cabinet approves policy to promote and incentivise hydrocarbon production

The policy aims to build a supportive ecosystem through academic and research institutes, industry-academia collaboration.

13 Sep 2018 12:58 PM

Iran offers discount on oil and gas to Asia

Much will depend on the European Union, which has vowed to resist US sanctions on Iran.

14 Aug 2018 8:47 AM

Govt plans to set up petrochemical clusters: Pradhan

Clusters in eastern, western and southern India will spur sectoral growth amid increasing demand.

29 Jul 2017 5:25 PM


ONGC gets green nod for exploratory drilling in KG basin

About 5-6 acres of land to drill each well will be required and the duration of drilling will be 90-120 days per well.

27 Jun 2017 2:12 PM

Govt to launch National Data Repository on June 28

At present, the government selects and demarcates areas it feels can be offered for bidding in an exploration licensing round.

22 Jun 2017 7:40 PM

Reliance Industries consolidated net profit rises 12.3 per cent

Company says robust growth in retail business driven by rise in refining and petrochemicals products prices.

24 Apr 2017 6:09 PM

Panel examining ONGC gas flowing into RIL fields

CAG had last year red-flagged $1.6 bn of excess cost recovered by RIL in KG-D6 gas block.

18 Mar 2017 11:17 AM

Pradhan talks LNG deal with US energy secretary

Rick Perry said co-operation between India and the US in energy sector is in mutual interest.

09 Mar 2017 12:22 PM


Govt formulates new licensing policy to boost oil output

Country will auction oil and gas blocks under open acreage licensing policy twice a year.

07 Mar 2017 2:23 PM

ONGC to invest Rs 7,327 crore in four projects

Board of ONGC approved an investment of Rs 4,104.63 crore in development of R-Series fields.

24 Feb 2017 11:04 AM