New Delhi: Petrol and diesel prices look set to be hiked after Finance Minister Pranab Mukherjee ignored calls for its reduction in customs and excise duty to contain the impact of spurt in global cr

New York: US crude oil price crossed $100 a barrel on Wednesday, hitting the triple digits for the first time since October 2008, as violence in Libya caused anxiety in oil markets, Xinhua reported.

New Delhi: State-owned Oil and Natural Gas Corp (ONGC) has over 1.7 billion tonnes of oil reserves in its domestic and foreign fields, according to independent audits.

ONGC's 64 domestic fields ha

UK's BP Plc will buy 30 per cent stake in Reliance Industries' 23 oil and gas blocks including the giant KG-D6 gas fields off the east coast for $7.2 billion.

London, Jan. 25, 2011: A British local council is planning to use excess energy from a crematorium incinerator to heat one of its swimming pools, it emerged on Tuesday, but critics slammed the proposa

Islamabad: Hit by acute power shortage, Pakistan will continue to face the problem of loadshedding for many more years, a top official has admitted.

Pakistan Electric Power Company Limited (PEPCO) ch

New Delhi: An oil spill was reported today off the Mumbai coast following a rupture in a pipeline carrying crude oil from state-owned Oil and Natural Gas Corp's offshore oilfields.

The leakage in a

Around a mile long oil spill has been detected from a ruptured pipeline some 80 km off the Mumbai coast, state-owned Oil and Natural Gas Corp (ONGC) said on Friday.

Melbourne: Australia today refused to concede to India's repeated requests for revoking a ban on Uranium sale to it, saying Canberra remains steadfast on its policy of not selling the yellow metal to

Mumbai: Indian energy firms Reliance Industries and Oil and Natural Gas Corp are set to post robust quarterly profits on the back of rising oil prices, which are also seen keeping their medium-term ou