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RIL, partners face $1 bn penalty for using ONGC's gas

 The Mukesh Ambani-led Reliance Industries Ltd and its foreign partners, BP Plc and Niko Resources, may have to pay a penalty of more than $1 billion for commercially using the migrated gas from the......

ONGC and RIL's dream of making it big at KG basin has turned sour?

 The upstream business is not always about increasing production or produce what was envisioned. There are always surprises. It is not a factory that you put a machine and it produces 20,000 units......

ONGC scouts for global assets

 Oil and Natural Gas Corp wants to take advantage of falling oil prices to more than double its overseas output to the equivalent of 400,000 barrels per day of oil by 2018, Chairman DK Sarraf told......

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 The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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