Taking a cue from Reliance Industries, Gujarat-government firm GSPC is seeking to price natural gas it will produce from KG basin block at a rate indexed to cost of imported

Reliance Industries has provided half of the documents sought by Comptroller and Auditor General (CAG) and promised to give most of the remaining when the auditor returns to audit its

BP Chief Executive Bob Dudley and Reliance Industries Chairman Mukesh Ambani today met Oil Minister M Veerappa Moily and may have discussed the dispute with CAG over audit of spendings

State-owned gas utility GAIL India Ltd today commissioned a Rs 4,500 crore pipeline carrying gas from the just operationalised Dabhol LNG terminal into Bengaluru that promises to change the energy

After protracted delays, Cairn India has won approval to drill exploration wells on the prolific Rajasthan block that will help it boost output to 215,000 barrels per day by March

Anglo-Dutch oil giant Royal Dutch Shell's India unit plans to invest $1 billion in building a floating liquid gas (LNG) terminal off Andhra coast by 2014 as it bets big

The newly formed Cabinet Committee on Investment is likely to consider tomorrow clearing 47 oil & gas blocks, including Reliance Industries' producing KG-D6 gas fields, where defence approval has either

OMEL, the famed joint venture of ONGC and steel czar Lakhsmi Mittal, has relinquished an oil block in Nigeria and will give up the only other asset it is left