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New US sanctions target Iran's energy, petrochem sectors

 US President Barack Obama has slapped new tough sanctions against Iran targetting its energy and petrochemical sectors, which he said are part of efforts to isolate the Iranian government for its......

ONGC-Hinduja JV loses Iran's oilfield to China co

 In a major setback to India's oil diplomacy, the ONGC-Hinduja Group alliance has lost the rights to develop Iran's South Azadegan oilfield to CNPC of China. The joint venture of ONGC......

Iran oil field: ONGC,Hindujas may ink pact

 Oil and Natural Gas Corporation and its partner Hinduja Group may sign a multi-billion dollar deal next month for developing oil and gas fields in Iran.The ONGC-Hinduja combine would meet Iranian......

Iran opposes IOC-CPC merger

 The Iranian government representatives on the board of Chennai Petroleum Corporation are against the merger of the company with its parent, Indian Oil Corporation, because their stake in a merged......

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