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ONGC eyes stake in Encana, Yukos

 State-run Oil and Natural Gas Corp is in the race for picking up Canadian firm EnCana's stake in a cluster of oil fields in Ecuador and is also talking to Russia for picking up stake in assets of......

Videocon strikes gas in Brazilian offshore block

 Videocon Industries on Tuesday said a well drilled to confirm an oil discovery in its Brazilian offshore block has struck 200 feet of high-quality hydrocarbon zone. "The Wahoo-5 appraisal well......

India loses Kashagan oil field to China

 India's ONGC has lost the giant Kashagan oilfield to the Chinese after Kazakhstan blocked its $5 billion deal to buy US energy major ConocoPhillips' stake in the Caspian Sea oilfield. ONGC Videsh,......

Moily faces China's Lopez diplomacy in Turkmenistan gas quest

 The Turkmenistan event underscores the lengths to which China’s oil-and-gas companies will go to curry favour in resource-rich localesThis June, Petroleum Minister M Veerappa Moily had......

Videocon joins race for UK oil company

 Videocon Industries, the oil-to-consumer durables company, has joined the race for the acquisition of the London-based Burren Energy, which recently rejected several approaches including one worth......

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