Economic TimesTop India oil explorer to buy, not drill, its way to output goalEconomic TimesBy Saket Sundria and Debjit Chakraborty India's biggest oil explorer plans to snatch up producing assets to reach its goal of raising overseas output by more th …

BloombergTop India Explorer to Buy, Not Drill, Its Way to Output GoalBloombergPrime Minister Narendra Modi is pushing India's energy companies to raise domestic output and secure assets overseas to bolster energy security for a country that imports mor …

BloombergTop India Oil Explorer to Buy, Not Drill, Its Way to Output GoalBloombergThe company bought a 26 percent stake in Russia's Vankor project last year from oil giant Rosneft, lifting its overall output to about 12.8 million tons in the year ended …

Economic TimesOil price rise can hurt, but there is way to make money from itEconomic TimesFirst and foremost, we expect crude oil prices to head into the US$60-70/bbl range compared to the current US$55-60/bbl range. The price strength comes from strict a …

Economic TimesONGC Videsh gets 2-year extension for exploring Vietnamese oil blockEconomic TimesIn 2011, Beijing had warned OVL that its exploration activities off the Vietnam coast were illegal and violated China's sovereignty, but the company continu …

Economic TimesSudan won't extend ONGC's licence to operate oil blockEconomic TimesThe state oil companies of Sudan will now operate the 2B block. ONGC has stakes in two more producing blocks in Sudan, where the licence to operate will run till 2021 …

KLFYInvestigation ongoing after man pours used motor oil into neighborhood drain systemKLFY(KLFY) Authorities with the Lafayette Haz Mat Team, the Carencro Fire Department and the Lafayette Parish Sheriff's Department were called to an area off Cockpit …

Economic TimesState-run oil companies use 90% capex on government nudgeEconomic TimesBetween April and December, they spent Rs 78,000 crore on drilling new oil wells, building processing platforms, expanding refining and storage capacity and fuel supply ne …

Economic TimesOVL qualifies to bid for Iran oil, gas projectsEconomic TimesNEW DELHI: ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), has won rights to bid for oil and gas development projects in Iran. OVL is among the 29 …

Economic TimesRuias plan to sell another 25% stake in Essar OilEconomic TimesNEW DELHI: After stitching a deal to sell 49 per cent stake in Essar Oil to Russia's Rosneft, the Ruia family is looking at selling another 25 per cent stake in the company to …