Crude oil production

India's crude oil production drops 2.19 per cent in February

Crude oil production by Oil India Ltd in the nomination block during February 2022 was 230.25 TMT, which is 5.38 per cent higher when compared with production of February 2021.

Mar 22, 2022, 20:53 PM IST

ONGC eyes 17% jump in crude output, 66% in gas by 2022

The nation's biggest oil and gas producer has prepared 'Roadmap' for Import Reduction.

Apr 04, 2017, 16:10 PM IST

Govt nods royalty payment to states on crude oil production

The government Wednesday agreed to pay states like Gujarat and Assam, from its annual budget, the difference between royalty paid by operators of some oil fields as per their contract and actual prevailing rate.

Aug 26, 2015, 21:35 PM IST

After dipping for 7 years, ONGC oil production inches upwards

State-owned Oil and Natural Gas Corporation (ONGC) has reversed a seven-year decline in its crude oil production, showing a marginal increase in output in 2014-15, a top official said.

Apr 08, 2015, 12:30 PM IST

India makes first crude oil purchase for strategic reserve

Oil prices have almost halved in the past year due to excess global production, leaving traders looking for any signs of new demand to help absorb the surplus.

Mar 30, 2015, 20:51 PM IST

Domestic crude oil production falls 1.4% in December

India's crude oil production fell 1.4 percent in December as output from oilfields operated by private companies like Cairn India fell sharply.

Jan 21, 2015, 18:26 PM IST

Cairn gets environmental nod to raise oil production

Cairn India has received environmental nod for raising crude oil production from its prolific Rajasthan fields by 50 percent to 300,000 barrels per day.

Jun 17, 2014, 11:08 AM IST