Exploration round again dominated by local firms
State-run companies have won operating rights for almost half of the 16 blocks awarded under the country's ninth exploration licensing round, a government statement said, with foreign firms yet again
OVL, Gail have not bid for Cove Energy
ONGC Videsh Ltd and GAIL India combine have not bid for Cove Energy and are instead looking at preferential bilateral deal with Maputo.
"The last date (for bidding) is over. We did not bid," a GAIL o
IOC reports net loss of Rs 3,388.49 cr in Q1
New Delhi, July 24: State-owned Indian Oil Corporation (IOC) today reported a net loss of Rs 3,388.39 crore in the first quarter, ended June 30 on account of selling fuel below cost.
IOC, the nation'