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Domestic crude oil producers get marketing freedom, exports not allowed

In a move that may boost the Indian hydrocarbon industry and bring more investments into the sector, the Union Cabinet on Wednesday decided to give marketing freedom to domestic crude oil......

Only 3 bidders for 21 oil, gas blocks; RIL stays away

India's latest bid round for 21 oil and gas blocks attracted just three bidders, two of whom were state-owned explorers Oil and Natural Gas Corp (ONGC) and Oil India Ltd (OIL), according to......

Lesser-known firms set to make a mark in oil and gas sector

These new kids on the block have come up through a mix of entrepreneurial grit and backing from oil industry veterans. India may soon see a new set of oil barons with lesser-known companies......

Major churn among top ranks at Vedanta Cairn

The company management remained tight-lipped about the resignations, but indicated there was nothing unusual in these movements. Anil Agarwal-led Vedanta’s oil and gas division Cairn has......

Sensex ends 200 points lower; Tata Steel among main losers

Benchmark indices closed the trading session on a lower note amid weakness in rupee against dollar, along with metal, financials and auto shares leading the fall. The Sensex closed down 216 points......

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