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  • India to launch third round of discovered small fields auctions on May 17 May 14, 2021 11:23 AM IST

    India to launch third round of discovered small fields auctions on May 17

    At least 32 contract areas will be on offer under DSF-III. This includes 22 offshore and 10 onshore fields, which may have reserves to the tune of around 250 million metric tonnes of oil equivalent

  • COVID-19: Around 80 workers at ONGC’s offshore facility test positive; no impact on production May 03, 2021 12:01 PM IST

    COVID-19: Around 80 workers at ONGC’s offshore facility test positive; no impact on production

    Sources say the company continues to produce 50,000 barrels per day from the platform. Of the affected, 28 are ONGC employees. The rest are contract workers. Only two out of the six rigs in Mumbai high are currently operational.

  • Bharat Petroleum partners with Accenture to digitise sales, distribution network Apr 13, 2021 01:00 PM IST

    Bharat Petroleum partners with Accenture to digitise sales, distribution network

    For this purpose Accenture will use data, artificial intelligence (AI) and cloud technologies to build, design and implement a digital platform IRIS.

  • Mix of Islamist insurgency and energy windfall proves toxic to Mozambique Apr 10, 2021 09:35 AM IST

    Mix of Islamist insurgency and energy windfall proves toxic to Mozambique

    The fall of Palma last week is a warning that while the so-called caliphate has fallen in Iraq and Syria, the ideas that drove it have metastasized and grown teeth.

  • Interview | We want to connect everyone to the LPG network, says petroleum secretary Tarun Kapoor Feb 04, 2021 07:29 PM IST

    Interview | We want to connect everyone to the LPG network, says petroleum secretary Tarun Kapoor

    In an interview with Moneycontrol, Ministry of Petroleum and Natural Gas secretary Tarun Kapoor said the government is further easing out norms for getting an LPG connection.

  • Joe Biden administration likely to strengthen India-US renewable alliance Jan 21, 2021 12:14 PM IST

    Joe Biden administration likely to strengthen India-US renewable alliance

    The Narendra Modi government is expected to push the US to back the India-led International Solar Alliance.

  • HOEC: on a slippery ground Dec 09, 2020 09:50 AM IST

    HOEC: on a slippery ground

    Lower LNG prices impacted HOEC's realisations, development of new blocks a key trigger for growth

  • Coronavirus lockdown: Govt extends oil block bid deadline to June 10 Apr 15, 2020 02:55 PM IST

    Coronavirus lockdown: Govt extends oil block bid deadline to June 10

    "The bid submission date for India OALP Bid Round-V, offering 11 blocks for exploration and development, is extended to June 10, 2020," the Directorate General of Hydrocarbons (DGH) said in a tweet.

  • Biggest Oil and Gas companies in the world: Shell, Saudi Aramco beaten by Chinese conglomerate Nov 14, 2019 07:45 AM IST

    Biggest Oil and Gas companies in the world: Shell, Saudi Aramco beaten by Chinese conglomerate

    China's Sinopec continued to lead the world’s biggest oil and gas companies in 2018 while U.S. oil and gas company Exxon Mobil ranked sixth.

  • BlackRock's staying in unclean energy cost its investors $90 billion: Report Aug 02, 2019 05:18 PM IST

    BlackRock's staying in unclean energy cost its investors $90 billion: Report

    The company might have failed as a fund manager to protect its investors from expected risks of heavily investing in coal.

  • Government allows companies to explore for oil, gas beyond block boundaries Jun 26, 2018 05:05 PM IST

    Government allows companies to explore for oil, gas beyond block boundaries

    The ministry simplified the process of companies to pay for unfinished committed exploration and drilling work and enter into next phase of production and development quickly.

  • Oil minister rules out upstream oil gas regulator Jan 11, 2018 04:50 PM IST

    Oil minister rules out upstream oil gas regulator

    Various committees have suggested creation of an independent, statutory regulator for the upstream oil sector.

  • Indian gas consumption to rise 40% & production 60% in 6-years: CLSA's Vikash Jain Nov 14, 2017 03:59 PM IST

    Indian gas consumption to rise 40% & production 60% in 6-years: CLSA's Vikash Jain

    CLSA is bullish on the domestic gas production and consumption space. Speaking to CNBC-TV18's Nimesh Shah, CLSA's Oil and Gas Analyst Vikash Jain says he has some valuation linked worries with oil marketing companies (OMCs).

  • ONGC-HPCL deal likely to happen in month of July itself: Former ONGC Chairman Jul 13, 2017 10:41 AM IST

    ONGC-HPCL deal likely to happen in month of July itself: Former ONGC Chairman

    Oil marketing majors gained in trade yesterday following the Oil Minister, Dharmendra Pradhan's assurance that the Oil and Natural Gas Corporation-Hindustan Petroleum Corporation Ltd (ONGC-HPCL) merger, to create a mega oil public sector undertaking (PSU), will be completed in FY18. In an interview to CNBC-TV18, RS Sharma, Former Chairman of ONGC and Vidyadhar Ginde, Oil & Gas analyst at ICICI Securities shared their views about the same.

  • Patalganga plant to be commissioned in Q1 2018: Petronas Lubricants Mar 30, 2017 09:53 PM IST

    Patalganga plant to be commissioned in Q1 2018: Petronas Lubricants

    With India's auto industry expected to see structural growth for many years, there are many allied industries which are expected to ride the wave, dominated by the oil marketing companies and a few private players. The Indian lubricant industry which is already one of the biggest in the world, is now getting more attention from global oil and gas majors, reports CNBC-TV18's Yash Jain and Areeb Sherwani.

  • See Nifty at 9825 in FY18; like pharma,  metals, heavy-asset cos: IDFC Securities Mar 22, 2017 01:18 PM IST

    See Nifty at 9825 in FY18; like pharma, metals, heavy-asset cos: IDFC Securities

  • BNP Paribas sees Sensex touching 30,000 level by end of 2017 Mar 10, 2017 05:13 PM IST

    BNP Paribas sees Sensex touching 30,000 level by end of 2017

    All eyes are on the state election results which are due tomorrow and whether Bharatiya Janata Party, which is also the ruling party, will secure its win in Uttar Pradesh. However, market experts believe that such events are digested in 4-5 days and the focus is back on global news and earnings.

  • Don't chase mkt, wait for better price points: Birla Sun Life MF Mar 07, 2017 10:37 AM IST

    Don't chase mkt, wait for better price points: Birla Sun Life MF

    The recent rally has led to a run-up in valuations, and Mahesh Patil, Co-Chief Investment Officer at Birla Sun Life AMC told CNBC-TV18 he would prefer to not chase the market, but look to buy at better price points.

  • KEC International eyes 45% revenues in 2017-18 Feb 05, 2017 11:58 AM IST

    KEC International eyes 45% revenues in 2017-18

    With international oil and gas and commodity prices witnessing a decline, engineering firm KEC International is expecting its overseas business to pick and is eyeing nearly 45 per cent of its revenues from this, in fiscal 2017-18.

  • Budget 2017: Cess on oil  production, customs duty on LNG may be cut Jan 30, 2017 06:07 PM IST

    Budget 2017: Cess on oil production, customs duty on LNG may be cut

    Although policy changes may be kept to a minimum in Finance Minister Arun Jaitley's Budget speech for the oil and gas sector, changes in the cess rates for oil production may prove to be a positive for the sector, suggest reports.

  • Supply demand balance, not Trump, biggest hurdle for crude: IHS Jan 19, 2017 06:13 PM IST

    Supply demand balance, not Trump, biggest hurdle for crude: IHS

    Countries complying with the Opec and Non-Opec countries' agreement is also going to decide crude prices. He says most countries have cut output by around 2.5-4 percent, but only time will tell if they continue to do so over a long period of time.

  • Iran certifies 29 international cos to bid for oil, gas projects Jan 02, 2017 10:08 PM IST

    Iran certifies 29 international cos to bid for oil, gas projects

    Iran has named 29 companies from more than a dozen countries as being allowed to bid for oil and gas projects using the new, less restrictive Iran Petroleum Contract (IPC) model, the oil ministry news website SHANA reported on Monday

  • Mkt to begin 2017 range-bound; Budget key event of year:Kotak MF Dec 27, 2016 03:52 PM IST

    Mkt to begin 2017 range-bound; Budget key event of year:Kotak MF

    On a long-term horizon, Krishnan says he is bullish on the auto, cement, oil and gas segments. He is especially positive on oil and gas as these sectors remain to be untouched by the demonetisation.

  • COMMENT: Sectors that are cursing demonetisation the most Dec 23, 2016 04:48 PM IST

    COMMENT: Sectors that are cursing demonetisation the most

    With Modi‘s 50-day grace period running out fast, It‘s worth a quick trawl of the various sectors to figure out which have been hit the worst.

  • Global oil & gas industry to see modest rebound in 2017: Moody's Dec 08, 2016 05:34 PM IST

    Global oil & gas industry to see modest rebound in 2017: Moody's

    The global oil and gas industry will continue to be plagued by the weight of high debt levels next year despite the Opec offer to lower production from January, which has helped the industry rebound modestly from its 2016 trough, says a report.

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