Iran is considering closing the Strait of Hormuz: Reports

Jun 22, 2025

Roughly 20 per cent of global oil and a significant portion of natural gas pass through the Strait. Europe imports oil and liquefied natural...

Upstream Ahead Summit charts out oil, gas industry vision 2050

Feb 17, 2021

New Delhi [India], February 17 : Oil and Natural Gas Corporation (ONGC), Oil India Limited (OIL), Cairn Oil and Gas (Vedanta Ltd), and Hindustan...

Cash-strapped Pakistan inks agreement with Saudi Arabia-based bank to borrow USD 4.5 billion

Jul 05, 2021

Islamabad [Pakistan], July 6 : A debt-ridden Pakistan has signed an agreement with Saudi Arabia-based Islamic Development Bank (IDB) to borrow USD 4.5 billion...

UAE: Dragon Oil signs a charter to decarbonise oil and gas at COP28

Dec 07, 2023

Dragon Oil Company signed the "Oil and Gas Decarbonization Charter" agreement during the activities of the COP 28 Conference.

Oil India's oil, gas production affected after Baghjan fire

Aug 11, 2020

Tinsukia (Assam) [India], August 11: Over a month after a fire broke out at a gas well of Oil India Limited (OIL) at Baghjan...

ONGC awards 49 marginal oil fields to seven firms

May 16, 2020

New Delhi [India], May 16 : Oil and Natural Gas Corporation (ONGC) has placed a notice of award to seven successful bidders in 13...