In the upside scenario, Jefferies gave a target price of ₹430 apiece, which is a 79 per cent upside for the stock ...

Jefferies reiterates Buy on ONGC as it expects gas price reforms and contract with BP to improve margins and productivity. A ...

Almost a century ago, on October 15, 1927, the forerunner of BP struck oil at Kirkuk in northern Iraq. An uncontrollable fountain of oil, 95,000 barrels per day, shot into the air for 10 days, ...

In doing so, they prevented a total environmental disaster as the Iraqis looked to sabotage the oil field and set it ablaze ... 16 AAB was able to secure Rumaila, preventing Iraqi forces from ...

Nationwide output fell by about 60,000 bpd, but appears set to rebound as Iraq's most prolific field recovers from a damaging ...

A large oil spill in 2011 from a floating oil production vessel off the coast of Nigeria, known as the Bonga, was one of the ...

China’s state energy company CNOOC said today it had discovered a new oil field in the South China Sea that could contain over 100 million tons of crude oil, equal to around 733 million barrels.

Norway’s 86 billion kroner ($8.1 billion) Johan Castberg oil development in the Barents Sea has started pumping, the second major field to begin operations in the country’s Arctic waters.

With U.S. waivers on Iranian energy imports revoked, Iraq is under pressure to rapidly develop its own non-associated gas ...