India Oil Exploration

Oil Minister Hardeep Singh Puri has called for stepping up oil and gas hunt to cut India's reliance on imports and making available fuel at an affordable and sustainable way.

Prime Minister Narendra Modi on Tuesday courted top oil and gas executives, showcasing opportunities the world's fastest growing economy offers and the reforms that his government has made particularly in exploration and production.

India's top oil and natural gas producer ONGC has signed a mega pact with the nation's largest oil refining and fuel marketing company Indian Oil Corporation (IOC) for exploring opportunities in the petrochemicals business.

Assam and Nagaland Chief Ministers Himanta Biswa Sarma and Neiphiu Rio have agreed in principle to go ahead with oil exploration in areas along their disputed boundary for the economic benefit of both states.

India's top explorer Oil and Natural Gas Corp has signed a memorandum of understanding with French major TotalEnergies for exploration of deep-water blocks, the company tweeted today.

Fixed deposits worth Rs 16 crore belonging to a Hyderabad-based company that provides seismic survey services to oil exploration companies in India and abroad have been seized for an alleged violation of the foreign exchange law.

Shares of Oil India Ltd (OIL) gained 3.56 per cent in morning trade on Friday after the nation's second-largest state explorer reported strong June quarter results.

Oil India Ltd (OIL), the nation's second-largest state explorer, reported a tripling of its net profit in the June quarter on record oil and gas price realisation.

Shares of firms related to oil exploration and refineries were in heavy demand on Wednesday, with Reliance Industries and ONGC rallying after the government slashed windfall tax on petrol, diesel, jet fuel and crude oil.

As Sri Lanka continues to reel under the effects of its worst economic crisis since independence, the Indian government-owned oil and gas explorer and producer, Bharat Petroleum has stepped up to refuel the country's aircrafts.

India, the world's third biggest oil importer and consumer, ships in over 80% of its oil needs. Asia's third largest economy wants to monetise its oil and gas resources to cut its import bill.

Nirmala Sitharaman has asked public sector enterprises to improve on professionalism, reduce expenditure and consider working with private sector

Terming Africa a priority continent for India, the Ministry of External Affairs on Friday said the continent has a huge potential of joining collaboration in the exploration of Oil and Gas, especially in Western Africa.

India, the world's third biggest oil importer and consumer, ships in over 80% of its oil needs. Asia's third largest economy wants to monetise its oil and gas resources to cut its import bill.

At present, Indian state-run companies Bharat Petroleum Corp and Oil and Natural Gas Corp have made investment in Brazil's oil and gas exploration sector.

Oil Minister Hardeep Singh Puri has called for stepping up oil and gas hunt to cut India's reliance on imports and making available fuel at an affordable and sustainable way.

Prime Minister Narendra Modi on Tuesday courted top oil and gas executives, showcasing opportunities the world's fastest growing economy offers and the reforms that his government has made particularly in exploration and production.

India's top oil and natural gas producer ONGC has signed a mega pact with the nation's largest oil refining and fuel marketing company Indian Oil Corporation (IOC) for exploring opportunities in the petrochemicals business.

Assam and Nagaland Chief Ministers Himanta Biswa Sarma and Neiphiu Rio have agreed in principle to go ahead with oil exploration in areas along their disputed boundary for the economic benefit of both states.

India's top explorer Oil and Natural Gas Corp has signed a memorandum of understanding with French major TotalEnergies for exploration of deep-water blocks, the company tweeted today.

Fixed deposits worth Rs 16 crore belonging to a Hyderabad-based company that provides seismic survey services to oil exploration companies in India and abroad have been seized for an alleged violation of the foreign exchange law.

Shares of Oil India Ltd (OIL) gained 3.56 per cent in morning trade on Friday after the nation's second-largest state explorer reported strong June quarter results.

Oil India Ltd (OIL), the nation's second-largest state explorer, reported a tripling of its net profit in the June quarter on record oil and gas price realisation.

Shares of firms related to oil exploration and refineries were in heavy demand on Wednesday, with Reliance Industries and ONGC rallying after the government slashed windfall tax on petrol, diesel, jet fuel and crude oil.

As Sri Lanka continues to reel under the effects of its worst economic crisis since independence, the Indian government-owned oil and gas explorer and producer, Bharat Petroleum has stepped up to refuel the country's aircrafts.

India, the world's third biggest oil importer and consumer, ships in over 80% of its oil needs. Asia's third largest economy wants to monetise its oil and gas resources to cut its import bill.

Nirmala Sitharaman has asked public sector enterprises to improve on professionalism, reduce expenditure and consider working with private sector

Terming Africa a priority continent for India, the Ministry of External Affairs on Friday said the continent has a huge potential of joining collaboration in the exploration of Oil and Gas, especially in Western Africa.

India, the world's third biggest oil importer and consumer, ships in over 80% of its oil needs. Asia's third largest economy wants to monetise its oil and gas resources to cut its import bill.

At present, Indian state-run companies Bharat Petroleum Corp and Oil and Natural Gas Corp have made investment in Brazil's oil and gas exploration sector.