An inter-ministerial panel on Wednesday agreed on the need to charge more from users of domestic natural gas so that imported LNG can be made affordable.The inter-ministerial committee, headed by......
A K Srinivasan will be the next Director (Finance) of Oil and Natural Gas Corporation, the nation's most profitable company. Government headhunters Public Enterprise Selection Board selected......
State-owned Oil and Natural Gas Corp's overseas arm and Oil India Ltd are considering a joint bid for a 20 percent stake in a Mozambique gas field, two sources familiar with the matter told......
As much as 8 billion rubles (about Rs 1,000 crore) of dividend income belonging to Indian oil firms is stuck in Russia after the Putin administration clamped down on dollar repatriation, officials......
Natural gas prices were today cut by a steep 18 per cent to $3.82 per unit, the biggest reduction in rates ever, that will dent government revenues by about Rs 800 crore and hit profits of......