Wednesday, November 25, 2015 India's Minister for Petroleum & Natural Gas Dharmendra Pradhan urges the petroleum sector to capitalize on reduced industry costs to increase domestic oil and gas production.
Monday, October 05, 2015 India is apprehensive about potential rise in oil prices due to the record reduction in upstream investment, a development cited by the head of the International Energy Agency recently.
Friday, October 02, 2015 Russian oil output reached a new post-Soviet monthly high of 10.74 million barrels per day in September thanks to foreign-led projects and Rosneft, according to Russia's Energy Ministry.
Monday, August 31, 2015 Brazil and Mexico are preparing to compete for investments from some of the same oil majors when they hold auctions that are only a week apart at a time the price rout is prompting spending cuts.
Friday, August 14, 2015 India's ONGC is seeking through its overseas unit to buy a stake in Russia’s second-largest oil producing development from Rosneft, according to two people with direct knowledge of the plan.
Tuesday, August 11, 2015 India plans to introduce a new market price formula for part of future gas finds made in challenging environment, according to the country's Petroleum and Natural Gas Minister.
Monday, July 06, 2015 India's ONGC will temporarily reduce production at its largest gas fields in the Arabian Sea due to repair work at an offshore pipeline that transport gas to shore, a local daily says.
Thursday, June 25, 2015 L&T Hydrocarbon Engineering bags a $426.26 million engineering, procurement, construction and installation contract for the Bassein Development Project in western offshore basin, India from ONGC.