The 7.2 per cent GDP growth for current fiscal is substantially lower than 7.8 per cent and 7.4 per cent projections made by Fitch in September and June respectively.

On November 30, ONGC's market value remained 34 per cent below its all-time high annual average of Rs 2,72,663 crore for financial year 2013/14.

Qatar's Minister of State for Energy Affairs Saad al-Kaabi has announced the country's decision to quit the OPEC. More than the decision, it is the timing of the announcement that raised eyebrows.

The committee is a follow up of the October 12 meeting called by Prime Minister Narendra Modi to review domestic production profile of oil and gas and the roadmap for cutting import dependence

The land for a proposed India-UAE-Saudi Arabia oil refinery in Maharashtra will be allocated in the coming weeks