Moving to re-assess the oil and gas potential of the country, Petroleum and Natural Gas Minister Veerappa Moily on Monday announced setting up of a Multi Organisation Team (MOT) to carry out the re

The government may have approved the Rangarajan formula that could nearly double the price of domestically produced natural gas starting FY14 given the current rates of benchmark prices cited, but

STATE-RUN ONGC Videsh (OVL), vested with the key responsibility of bolstering the country’s energy security by acquiring hydrocarbon assets abroad, is adding less proven reserves to its portfolio t

State–owned ONGC’s first commercial power project in the country started commercial production on Tuesday night in Tripura, six months after President Pranab Mukherjee dedicated the 726 MW capacity

Permits operators to club discoveries of 2 or more blocks for optimum output

India’s proposed exploration policy seeks to give energy companies greater flexibility by eliminating the key role of the management committee headed by the director general of hydrocarbons in approving financial decisions. It also permits operators to club discoveries of two or more blocks for optimum output and allows continued exploration of oil and gas fields.

New Delhi: The Union environment ministry has indicted ONGC for the oil spill that was reported off the Uran coast near Mumbai in October.

Less than a week after taking additional charge of the ministry of environment and forests, M Veerappa Moily has decentralised decision-making by empowering senior officials to expeditiously clear

Standing Committee on Petroleum & Natural Gas present this Nineteenth Report on "Allocation and Pricing of Gas". The Committee took evidence of the representatives of the Ministry of Petroleum & Natural Gas at their sittings held on 24.7.2013 and 20.08.2013.

HC asked it to pay Rs 10,000 cr in past royalty dues ONGC

Oil and Natural Gas Corp (ONGC) today said it would appeal in the Supreme Court against a Gujarat High Court order asking it to pay Rs 10,000 crore in past royalty dues, saying it cannot pay the levy on revenue it hasn't earned.

The fishermen from Mahul gaon, a quiet fishing village near Chembur, are a distressed lot.