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Posted: February 6th, 2012, 6:55pm EST
The latest round of embargo against Iran by the US and the EU has added to India's problems, making it difficult to buy Iranian crude.
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Posted: February 6th, 2012, 12:14pm EST
The government may auction 5 per cent stake in Oil and Natural Gas Corp, the nation's biggest energy explorer, to raise about Rs 12,000 crore.
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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.
