Five surrendered discoveries to be put up for competitive bidding

Reliance Industries Ltd (RIL), India's largest private sector company, might find this difficult to digest. The petroleum ministry has asked it to give up more than 80 per cent of its D6 gas block area in the Krishna-Godavari (KG) basin, including five discoveries with $10 billion worth of natural gas, with immediate effect.

Oil Minister M.

Failure to protect Antarctic waters long-term could leave it vulnerable to oil drilling and fishing within 15 years

A former Ecuadorean judge testified on Wednesday that he ghost-wrote rulings for a judge who ordered Chevron Corp to pay $19 billion to villagers whose land had been polluted by oil exploration.

Chad has given a China National Petroleum Corporation subsidiary a green light to resume operations after it was suspended in August for violations of environmental standards while drilling for cru

Oil and Natural Gas Corporation (ONGC), facing a prolonged stagnancy in oil production, has got a shot in the arm with one of its blocks in the Krishna-Godavari basin off the Andhra Pradesh coast,

A Lancashire dairy farmer has joined forces with Greenpeace to launch a legal challenge to fracking in England.

Ecuador's parliament on Thursday authorized drilling of the nation's largest oil fields in part of the Amazon rainforest after the failure of President Rafael Correa's plan to have rich nations pay

The statutory auditor is also looking into the pricing of gas produced from RIL's D1 and D3 fields

The Comptroller and Auditor General (CAG) of India is likely to pull up the Directorate General of Hydrocarbons (DGH), as well as Reliance Industries, over an alleged hoarding of gas by the Mukesh Ambani-controlled company.

The Cabinet is likely to consider on Tuesday a policy for exploration of shale oil and gas, which will initially allow state-owned Oil and Natural Gas Corporation and Oil India to tap the unconvent