NEW DELHI, Feb 6

ONGC

MUMBAI: A major fire broke out at the Indian Oil Corporation depot at Taloja in Navi Mumbai in the wee hours today, destroying around 40,000 litres of lubricant oil.

The fire broke out at around 1 AM and about 25-30 fire engines were rushed to the spot to douse the flames, a fire brigade official said.

"The blaze began from containers containing lubricant oil.

More than a century ago, a prominent chapter in world history was being inserted in a remote corner of Assam amidst the dense and malaria-infested jungles by a band of intrepid pioneers searching for black gold.

The world's primary conservation body, the World Wildlife Fund (WWF), on January 7 called on British listed companies, SOCO and Dominion, to abandon their oil exploration plans in the Virunga National Park located in the Democratic Republic of Congo.

The WWF warned that these actions will undermine decades of work aimed at saving the park, which receives vital funding from the European Union.

BEIJING: China has joined the world's elite club of offshore oil producers after China National Offshore Oil Corp (CNOOC) announced that its oil and natural gas output surpassed 60 million metric tonnes in 2010.

The country's largest offshore oil explorer's oil and gas production last year totalled 64.13 million metric tonnes of oil equivalent, of which 50 million was produced domestically, sai

Rutam Vora / Ahmedabad December 28, 2010, 1:24 IST

Eleven companies, including international giants, have evinced interest in Oil and Natural Gas Corporation

LALIT K.

With revenues of $22 billion, ONGC reported a profit of $4.2 billion last fiscal, which forms the basis for the Platts rankings. It had assets worth $33.37 billion.
State owned Oil and Natural Gas Corporation (ONGC) has beaten Chinese rival Cnooc to become Asia