ONGC to win 7, RIL 6 oil, gas blocks

The Oil and Natural Gas Corporation is set to win seven of the 20 oil and gas blocks auctioned in January while Reliance Industries would bag six.Twenty blocks -- 12 onland, 2 shallow water and six......

ONGC bags 15 oil, gas blocks under NELP-IV

The state-run Oil and Natural Gas Corporation has walked away with bulk of the 21 oil and gas exploration blocks in the fourth round of new exploration licensing policy.ONGC, along with its......

RIL to invest $563 million in 9 oil blocks

Reliance Industries Ltd has committed to invest of $563 million in exploration of oil and gas in the nine blocks it won in consortium with Hardy Oil of UK in the third round of New Exploration......

Technical lapse: DGH disallows Rel gas discovery

In a surprise development, oil regulator DGH has disallowed a natural gas discovery that Reliance Industries made in Krishna Godavari basin, saying the Mukesh Ambani-run firm had failed to give......