ONGC to sell 26% stake in KG block

State-run Oil and Natural Gas Corporation (ONGC) will shortly farm out nearly 26 per cent stake in its KG-DWN-2004/6 block in the Krishna-Godavari basin to Japan's Inpex Corporation. ONGC has been......

ONGC's stake sale talks with ConocoPhillips, Shell hit roadblock

State-run Oil and Natural Gas Corporation's bid to sell stake in its deep water and ultra deep water blocks to US-based ConocoPhillips and Shell Corporation has hit a ministry of defence block. The......

ConocoPhillips in talks to pick stake in ONGC blocks

US-based ConocoPhillips is in talks with state-run Oil and Natural Gas Corporation to pick stake in more than one of its ultra-deep-water blocks. A senior executive from ONGC said ConocoPhillips,......

Indian oil companies are hungry for deals

Faced with soaring demand, stagnant output at home and a need to diversify from Iranian crude imports lost to Western sanctions, Indian oil companies are hungry for deals like Oil and Natural Gas......