Last Updated: Wednesday, January 8, 2014, 15:10
Brazilian energy giant Petrobras said Tuesday it will sell USD 5 billion in bonds to help finance development of offshore oil fields over the coming five years.
Last Updated: Monday, December 23, 2013, 18:31
India Monday evacuated all its oil employees from strife-torn South Sudan and shut down oilfields amid escalating violence in the world's youngest nation.
Last Updated: Thursday, October 10, 2013, 16:02
Cairn India posted a 2 percent increase in crude oil production from its showpiece Rajasthan oilfields in the second quarter ended September 30.
Last Updated: Monday, May 27, 2013, 20:24
Essar Oilfields Services Ltd, the unlisted arm of Essar Shipping, Monday reported net profit of USD 15.71 million for 2012-13 as against USD 14.84 million loss in the previous fiscal.
Last Updated: Wednesday, April 24, 2013, 15:43
Oil production from Ghana's Tweneboa Enyenra and Ntomme (TEN) oil field is expected to be 76,000 barrels per day and 50 million standard cubic feet of gas at peak production, state owned Ghana National Petroleum Corporation said here.
Last Updated: Sunday, April 21, 2013, 14:29
Cairn India plans to invest Rs 5,000 crore on its Rajasthan oil fields in three years to 2016 under a new integrated development plan, even as it seeks extension of block contract beyond 2020.
Last Updated: Sunday, May 20, 2012, 19:00
Petrobangla estimated that there were 53 million barrels of proven extractable oil in Kailashtila and Haripur gas fields in Sylhet.
Last Updated: Sunday, December 11, 2011, 19:53
The EU has already stiffened sanctions against Iran this month by blacklisting 180 Iranian individuals and firms.
Last Updated: Sunday, December 11, 2011, 19:49
Iran sits atop the world's second largest proven reserves of natural gas and is the second largest OPEC oil producer.
Last Updated: Saturday, November 19, 2011, 18:00
British oil giant BP has agreed to sell its Pompano and Mica oil fields in the Gulf of Mexico to Stone Energy Offshore.
Last Updated: Tuesday, September 13, 2011, 14:44
Cairn India's board may tomorrow concede to pay royalty and cess on its mainstay Rajasthan oilfields after parent firm Cairn Energy did a u-turn and accepted riders imposed by the government to clear its over USD 6 billion stake sale to Vedanta Resources.
Last Updated: Thursday, September 8, 2011, 18:38
The Comptroller and Auditor General (CAG) has rebuked Reliance Industries on scope of audit of its eastern offshore KG-D6 fields, saying the audit was to verify if government revenues were protected.
more videos >>
