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The Struggle over Oil

 China and India are currently the engines of world economic growth. But India is still a minor part in the worldwide competition for scarce resources. China has become the world's second-largest......

Will Iran pipedream remain just a dream?

 The next time you hear talk of the Iran-Pakistan-India gas pipeline, take it with a liberal dose of salt.According to a senior executive of National Iranian Gas Export Company, the Indian......

India loses ONGC Videsh-discovered Farzad-B gas field in Iran

 India on Monday lost the ONGC Videsh Ltd-discovered Farzad-B gas field in the Persian Gulf after Iran awarded a contract for developing the giant gas field to a local company. "The National......

Why did Iran eject India from port, oil field deals?

 Iran's growing proximity to China may have also played a part, report Shine Jacob and Megha Manchanda. IMAGE: Iranian President Hassan Rouhani inaugurates the first phase of Chabahar port in the......

Oil faces big monthly loss on slowing economic growth, oversupply

 Both crude benchmarks are now down around 20 per cent since their last peak in June Oil prices fell to their lowest levels since April on Friday, with Brent on track for its biggest monthly loss......

IOC, ONGC, OIL among five cos named by US administration for Iran ties

 The three Indian firms have been named for their stake in the Farsi offshore block in Iran State-owned ONGC, IOC and OIL are among the five global companies named by the US administration for......

Iran replaces ONGC with state company in oil field

 Iran has awarded the development of an offshore oil field that state-owned Oil and Natural Gas Corporation had abandoned as commercially unviable, to a domestic company.ONGC Videsh Ltd and its......

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