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Posted: February 6th, 2012, 5:18am EST
The official said ONGC will pay Rs 30,296 cr in the 9 month period, up 42.3% over Rs 21,291 cr payout in the same period a year ago.
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Posted: February 6th, 2012, 2:34am EST
The Indian government has asked upstream oil companies to compensate state-run oil refiners for 37.91 percent of revenue losses on fuel sales during April to December 2011, a government source told reporters.
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Posted: February 6th, 2012, 1:16am EST
Iran has given a one-month ultimatum to an Indian consortium over the development of a gas field.
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Posted: February 5th, 2012, 4:28pm EST
Mukesh Ambani-led company has proposed to charge a $0.15 levy in lieu of marketing costs on the sale of gas produced from coal seams .
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Posted: February 5th, 2012, 4:18pm EST
BG is already in talks with several bidders, including Germany's E.ON, domestic energy majors and international private equity funds.
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Posted: February 5th, 2012, 1:55am EST
Mukesh Ambani-led company has proposed to charge a USD 0.15 levy in lieu of marketing costs on the sale of gas produced from coal seams (CBM).
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Posted: February 4th, 2012, 8:13pm EST
The CBI has also sought prosecution sanction against five serving NICL employees, according to a status report from the Central Vigilance Commission.
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Posted: February 4th, 2012, 6:21pm EST
India may be staunchly opposed to Iran acquiring nuclear weapons, but is caught in a bind since it cannot afford to substantially cut back energy imports from Iran.
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Posted: February 3rd, 2012, 8:39pm EST
RIL officials told PAC that the company will return offshore areas at Krishna-Godavari gas fields to the govt this year.
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Posted: February 3rd, 2012, 8:17am EST
RIL, pulled up for alleged contract violations of a gas block, told a Parliamentary panel that it was not given a 'fair' opportunity to be heard
