At present, the biggest oil producers in the world are Russia, Saudi Arabia and the US. But there is not enough immediate purchasers for the ...

 With Prime Minister Narendra Modi setting steep target of cutting reliance on imports, the petroleum ministry has intensified monitoring of oil ...

 A new database on India's offshore reserves marks the latest step the country is taking to lure international companies to its ...

 Bharat Petroleum has become the second Indian refiner to start buying U.S. crude oil, after Bharat purchased 500,000 bpd of Mars and the same ...

 India has opened up 2.8 million sq. km of area for oil and gas bidding round of India under a new Open Acreage Licensing Policy and invited ...

  India has joined a select league of nations that offer areas for exploration and production of oil and gas round the year on liberal fiscal ...

 Vietnam has extended an Indian oil concession in the South China Sea and begun drilling in another area it disputes with China in moves that ...