Financial TimesOil and copper bounce back on UK hopesFinancial TimesCommodity markets were buoyed on Monday by polls showing a growing likelihood of the UK voting to remain in the EU with oil climbing back above $50 a barrel and copper rising 1 per cent. I …

Economic TimesOil-poor India needs to supersize its Rosneft order: GadflyEconomic Times3 oil importers are obvious. Russia has been fighting Saudi Arabia for market share in China for years, and often bests the world's biggest producer in terms of impo …

OilPrice.comOil Prices Jump As Dollar Hits 5-Month LowsOilPrice.comAcross to Europe, and Eurozone inflation once again dropped back into deflationary territory, down 0.2 percent YoY for February (think: lower oil prices). Stripping out food and energy, cor …

BillMoyers.comWhat Keeping Oil in the Ground Can Do for Economic InequalityBillMoyers.comWe know about the effects on the climate of burning oil, gas and coal for energy, but we don't know what turning our backs on them will do to our economy. Some wor …

QuartzNigeria's state oil company is missing $16 billionQuartzThe drama continues over the long period of alleged widespread corruption at the Nigerian National Petroleum Corp (NNPC). Nigeria's auditor general said Monday (March 14) that the state …

Oil price recovery poses downgrade risk to OIL, ONGC: Moody'sEconomic TimesNEW DELHI: Moody's Investors Service today said ratings of state-owned Oil and Natural Gas Corp ( ONGC) and Oil India Ltd (OIL) may come under pressure if oil prices fall mo …

The Indian ExpressOil slipThe Indian ExpressThe second was to switch the calculation of cess on oil production from a specific rate (fixed rupees per barrel produced) to ad valorem (percentage of value). This is what the companies had lobbied for and it wa …

Government exempts ONGC, Oil India from fuel subsidy payment in Q3 over slump in oil pricesEconomic TimesNEW DELHI: Government has exempted state-owned ONGC and Oil India from payment of fuel subsidy in the third quarter ended December 31, as slump in oil …

ONGC Videsh Limited, Rosneft sign Vankor oil field dealEconomic TimesMOSCOW: A deal to allow ONGC Videsh Limited to pick up 15 per cent stake in Russia's second biggest oil field of Vankorneft and three other major pacts between Indian and Russian comp …

Firstpost$6-billion KG basin project not feasible at current oil prices, ONGC may seek ...Economic TimesNEW DELHI: Increasingly convinced that the oil and gas prices may not rise in a hurry, state-run Oil and Natural Gas Corporation (ONGC) is planning to s …