Bids invited by state-run oil explorer Oil and Natural Gas Corporation (ONGC) for picking up its stake in four coal-bed methane (CBM) blocks did not receive strong response. ONGC is said to have received bids from only three firms for the blocks. These firms are UK-listed Great Easte

State-run fuel retailer IndianOil Corporation (IOC) is not in favour of the government's suggestion to merge the pipelines and aviation assets of all the three public sector oil marketing companies (OMCs). IOC does not like the the government interfering in these matters since these are commercial decisions. A top o

The Union Ministry of Petroleum and Natural Gas (MoPNG) has stated that Oil & Natural Gas Corporation (ONGC) has achieved a highest natural gas production from its Gujarat gas fields for the month of November.

Oil India (OIL) is a premier state-run company under the administrative control of Ministry of Petroleum and Natural Gas in the central government. The company is engaged in the business of exploration, development and production of crude oil and natural gas, transportation of crude oil and production of LPG. For the quarter ending September 30, 2012, the company's net profit declined 16 per cent to Rs 954.57 crore from the year-ago period.

For the first fortnight of November effective November 1, the under-recovery incurred by oil marketing companies (OMCs) on sale of diesel remains at a high level of Rs

Indian companies engaged in O&G exploration are yet to fully exploit the marquee project management tools and processes in order to streamline the procedure for optimum results.

Pipelines and transmission lines have lower resistance to RoW or RoU acquisition than that for industries or power plants, except in cities. But that’s changing, says Janaki Krishnamoorthi, who analyses projects that have been stalled because of public protest against low compensation.

India is technologically ready for shale gas, but higher environmental risks and land acquisition issues pose major concerns. SV Rao, Director (Exploration), Oil and Natural Gas Corporation Limited (ONGC), explains to Sudheer Vathiyath how they can be offset.

As pipelines face threats of protests, sabotage and even potential terror attacks, a new Bill seeks to make punitive clauses more stringent in pilferage and tampering of O&G pipelines.