Prime Minister Manmohan Singh on Thursday said India would seek to substantially expand bilateral trade with Russia from the current $8.5 billion, while enhancing ties in a host of areas such as defence, energy, space technology ...
India’s crude oil production is likely to jump by 21% to 45.57 million tonne in 2013-14 vis-a-vis 2010-11 on the back of output from newer fields like the Rajasthan block of Cairn India, Oil Minister S ...
State-run explorer Oil & Natural Gas Corp.’s overseas investment unit is in talks with Russian companies OAO Rosneft and OAO Novatek to seek a greater share in energy assets there, foreign secretary said Wednesday.
“OVL [ONGC Videsh ...
Reliance Industries has seen gas output from its eastern offshore KG-D6 gas fields drop to a fresh all-time low of 39.80 million standard cubic metres per day. Natural gas production from the Dhirubhai-1 and 3 gas ...
Upstream regulator the Directorate General of Hydrocarbons (DGH) has suggested $1.235 billion investment of Reliance Industries (RIL) being disallowed over the Mukesh Ambani-run firm’s failure to adhere to prestated drilling and gas production targets, but the ...
Reliance Industries’ eastern offshore KG-D6 gas fields have seen output dipping to around 40 million standard cubic metres per day, which is the same level as 2009 when the company had started production.
Dhirubhai-1 and 3 (D1 ...
With KG-D6 gas output lagging target by over 30%, the Oil Ministry is taking “scrupulous” action against Reliance Industries based on the advise of the Solicitor General of India, a top source in the ministry said.
“Reliance ...
ONGC Videsh Ltd is looking to ship crude oil from Syria to India after the European Union imposed an embargo on oil imports from the African nation. OVL’s majority owned unit ONGC Nile Ganga BV (ONGBV) ...
British oil firm Cairn Energy Plc today said it has completed the sale of a controlling stake in its Indian unit to mining giant Vedanta after protracted wrangling over royalty payments.
Cairn Energy, which had in July ...
ONGC Videsh (OVL), the overseas arm of state-owned Oil and Natural Gas Corporation (ONGC), has once again expressed interest in taking at least 20% stake in the Sakhalin-3 oil and gas fields and importing liquefied natural ...
