Oil & Gas Exploration and Production (NEC)


ONGC To Start Delivering Fuel From KG Basin From June 15, Seeks $12 Price

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India's top oil and gas producer ONGC has finally put a date for the much-awaited start of production from its KG basin ... Read more

ONGC, Oil India In Talks For 50% Stake In $3.4 Billion Kenya Oilfield

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India's flagship overseas oil firm ONGC Videsh has got a new partner in Oil India Ltd to replace a reluctant IndianOil (... Read more

Essar Oil & Gas Invests In Microbial ECBM Technology To Boost CBM Output

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Essar Oil and Gas Exploration and Production Ltd (EOGEPL) on Monday announced an investment in microbial eCBM technology... Read more

Reliance-bp, Russia's Nayara Begin Pricing Petrol, Diesel At Market Rates

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India's private fuel retailers -- Reliance-bp and Russia's Rosneft-backed Nayara Energy -- have begun pricing petrol and... Read more

IGGL Completes Asia's Largest Underwater Hydrocarbon Pipeline: CEO

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Asia's largest underwater hydro-carbon pipeline, below the river Brahmaputra connecting Jorhat and Majuli in Assam has b... Read more

IndianOil, Adani-Total, Shell Lap Up Reliance's KG-D6 Gas; IOC Top Bidder

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State-owned Indian Oil Corporation (IOC), Adani-Total Gas Ltd and Shell were among the 29 companies that bid and bought ... Read more

Urbanrise Purchases 9.24 Acre Land Parcel From Mahindra Life Spaces

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Real estate developer Urbanrise has acquired a land parcel of 9.24 acre from Mahindra Life Spaces to develop a two milli... Read more

In Line With New Govt Rules, Reliance Re-auctions Gas From Its KG-D6 Block

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Reliance Industries Ltd and its partner bp plc have re-launched an auction for sale of natural gas from their eastern of... Read more

GAIL Plans To Buy Up To 26% Equity Stake In LNG Projects In United States

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GAIL had run into supply disruptions last year after Russia-owned Gazprom Marketing and Trading (GMTS) failed to deliver... Read more

ONGC To Explore Investing In Argentina Gas Assets: Chairman Arun Kumar

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The company also signed a memorandum of understanding with Argentina's state oil company YPF for hydrocarbon cooperation Read more

ONGC To Ramp Up Exploration For Oil, Gas; Looks For Collaborations

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India's top oil and gas producer ONGC is pivoting a four-pronged strategy of ramping up exploration efforts, quickly bri... Read more

Air India Asks US Court To Dismiss Cairn Petition, Says It Is Premature

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Air India has asked a New York court to dismiss a petition filed by Britain's Cairn Energy for seizure of its assets to ... Read more

Walmart's Flipkart Says CCI Probe Shouldn't Treat It The Same As Amazon

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Both Amazon and Flipkart have challenged the Competition Commission of India (CCI) in court as they seek revocation of a... Read more

Unions Urge HPCL Liquidator To Disclose Valuation Of Oil Reserves In Cachar

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The employees' unions of two defunct units of, for which bidders have been invited to conduct an e-auction, urged liquid... Read more

India Challenges $1.2 Bn Cairn Award, Says Never Agreed On Tax Arbitration

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India had seized and sold shares of Cairn in its erstwhile India unit, confiscated dividend due and withheld tax refunds... Read more

HC Stays ONGC Tender, E-auction Of Natural Gas From KG-basin Till June 4

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The Delhi High Court has put on hold state-run ONGC's notice inviting tender and the consequent e-auction with regard to... Read more

Planes To Gas Cargoes: Cairn Identifies $70-bn Indian Assets For Seizing

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UK's Cairn Energy has identified $70 billion of Indian assets overseas for potential seizure to collect $1.72 billion du... Read more

Sell Oilfields; Hive Off Drilling, Other Services: Oil Ministry To ONGC

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The petroleum ministry has told India's largest oil and gas producer ONGC to sell stake in producing oil fields such as ... Read more

FM Sitharaman Says Looking At How Best To Sort Out Cairn Arbitration

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Finance Minister Nirmala Sitharaman on Thursday reiterated that an international arbitration ruling on India's sovereign... Read more

Cairn Energy Offers To Forego $500 Mn If India Agrees To Pay Principal Due

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The Scottish firm invested in the oil and gas sector in India in 1994 and a decade later it made a huge oil discovery in... Read more