New York's environmental body on Wednesday extended a public comment period on proposed rules for natural gas drilling in the state, frustrating companies eager to exploit its rich natural gas depo

An oil spill off the coast of China at a field operated by ConocoPhillips has sparked concerns about discrimination against foreign companies and underscored how Chinese regulators are getting stri

The minimum summertime volume of Arctic sea ice fell to a record low last year, researchers said in a study to be published shortly, suggesting that thinning of the ice had outweighed a recovery in

Tehran: India has fully paid its $5 billion oil arrears to Iran without bartering to bypass sanctions-related payment problems, the official news agency IRNA reported on Sunday quoting Iran’s centr

New York State environmental officials commissioned a study of impacts of natural gas hydraulic fracturing from a consulting firm that counts oil and gas companies among its clients and that could

London-based Hardy has been forced to stop crude oil production at its Cauvery basin block because the Oil Ministry has refused to extend a key contract in the field without competitive bidding, go

ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), may invest over $1.5 billion in exploring for oil in a block that was awarded to it by the erstwhile Saddam Hussein

At the rim of the Arctic Circle in Canada, gold mining firm Agnico-Eagle is learning how tough it is to operate in a remote region with temptingly large, but frustratingly inaccessible, reserves of

Exxon Mobil Corp and Rosneft signed an agreement to extract oil and gas from the Russian Arctic, in the most significant U.S.-Russian corporate deal since President Barack Obama began a push to imp

ExxonMobil has formed an Arctic exploration partnership with Rosneft, the Russian state oil company, in a strategic coup over rival BP.