PSU oil major Oil and Natural Gas Corp (ONGC) on Thursday said it has appealed the government to offset the additional cess on crude.

"Our appeal is to at least offset the additional cess burden, wh

Cairn India's Rajasthan block is now estimated to hold a record 7.3 billion barrels of oil reserves that can produce 15 million tonnes of oil, the highest by any field in India, the company said.

Th

ONGC's pilot underground coal gasification (UCG) project in Gujarat, which was initiated in 2005, is yet to get approval from the Union Coal Ministry, a top company official said here.

India is not making life easy for itself as it looks to sell-off stakes in state companies to help plug a yawning budget gap, with New Delhi's own policies battering sentiment towards government enter

State-run companies have won operating rights for almost half of the 16 blocks awarded under the country's ninth exploration licensing round, a government statement said, with foreign firms yet again

ONGC on Monday said LIC picked up 37.71 crore shares in the company during the auction last week and its total holding has gone up to 9.48 per cent.

Taking into account the average price of Rs 303

The government's $2.5 billion auction of its shares in Oil and Natural Gas Corp ended in chaos, with TV channels saying it had generated bids for just two-thirds of the shares on offer, but both of th

The government's failure to sell all of the shares in its $2.5 billion auction of a five per cent stake in Oil and Natural Gas Corp is an embarrassing setback in its effort to revive stock sales and t

The government on Friday said it received an average price of Rs303.67 for a share of ONGC, 4.71 per cent higher than the reserve price in yesterday's auction, thus garnering a total of Rs12,766.75 cr

Shares of ONGC on Thursday began trading with modest gains in a weak market, as the government began sale of its 5 per cent stake in the public sector energy giant through a one-day auction process on