The Chinese state oil giant that has a grip on Burma's biggest gas field is now venturing into neighboring Bangladesh, a move which may stifle long-running conflict over territorial waters in the Bay of Bengal.

JAIPUR: The Rajasthan Government is going to vigorously pursue the demand for setting up a well-head refinery at Barmer where Prime Minister Manmohan Singh this past weekend dedicated to the nation the Mangala oilfields.

BP, the UK energy group, has discovered a

BP announced on Wednesday the discovery of what it characterized as a giant oil field several miles under the Gulf of Mexico, but it may take years to assess how much crude can actually be recovered.

The baton for resolving petroleum subsidy woes has been handed

THE Andhra Pradesh government is set to tieup with Oil and Natural Gas Corporation Limited (ONGC)

NEW DELHI: All set to kick off formal crude oil production from its fields in Rajasthan, Cairn India on Wednesday announced that along with its partner Oil and Natural Gas Corporation (ONGC), it will invest nearly $1.5-1.8 billion more in the prolific oil fields over the next two years.

Few things seem to happen at speed in this sleepy Java town where rickshaws ply the streets. But this rural area of rice fields and teak forests is set to be transformed by Indonesia's biggest oil find in years.

CHENNAI: Oil India (OIL), a premier public sector undertaking, is planning to acquire stakes in oil blocks in India and abroad. It would use its huge surplus cash reserves to invest in prospective blocks in South America, Africa and Australia.

KOCHI: The early results of the ultra-deep oil explorations in the Kerala-Konkan basin by the Oil and Natural Gas Corporation will be available in 100 days, according to ONGC Chairman and Managing Director R.S. Sharma.

He was talking to journalists here on Sunday after inaugurating