The petrochemical shift that could quench LPG output thirst

India may have to lean more on West Asian nations for supplies of liquefied petroleum gas (LPG), a cooking fuel, in the coming years after Indian state-run refiners drew up big plans to diversify......

OVL group shortlisted in ConocoPhillips sale

A consortium of government oil companies led by ONGC Videsh Ltd (OVL), the foreign arm of Oil and Natural Gas Corp Ltd, is among the three groups shortlisted by US energy giant ConocoPhillips for a......

Russian energy giant Rosneft appoints first Indian on its board

Russian energy giant Rosneft has appointed a former Indian Oil Corporation (IOC) director to its board in signs it may be looking at boosting trade links with India. Photograph: Maxim......

Street remains optimistic about further gains in OMCs

After a spike in crude oil and gas prices in October following the Hamas terror attack, prices eased down 9 per cent month-on-month in November. Photograph: Francis Mascarenhas/Reuters The......