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'ONGC is venturing into high-risk ultra-deep water exploration'
'We plan to add over 100,000 square kilometres every year, to reach an ambitious target of 500,000 square kilometres by 2025.' Photograph: Kind courtesy ONGC In the wake of ONGC discovering what......
Domestic crude oil producers get marketing freedom, exports not allowed
In a move that may boost the Indian hydrocarbon industry and bring more investments into the sector, the Union Cabinet on Wednesday decided to give marketing freedom to domestic crude oil......
Only 3 bidders for 21 oil, gas blocks; RIL stays away
India's latest bid round for 21 oil and gas blocks attracted just three bidders, two of whom were state-owned explorers Oil and Natural Gas Corp (ONGC) and Oil India Ltd (OIL), according to......
Why Modi's goal to cut oil import by 2022 will be unfulfilled
Failure to increase domestic production and rising local demand has made Modi’s targets impossible to achieve. Twesh Mishra reports. India’s dependence on imported......
Exxon Mobil in talks to buy stake in Indian oil, gas fields
Energy supermajor Exxon Mobil Corp is in talks to buy a stake in producing oil and gas fields in India, Oil Minister Dharmendra Pradhan said on Wednesday showcasing efforts to raise domestic output......
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