Harbour Energy, a critic of the windfall tax, claims a "punitive" fiscal regime is harming profits and investment.

Jindal Drilling & Industries announced that Oil & Natural Gas Corporation (ONGC) has issued Notification of Award to the Company for deployment of rig Jindal Explorer on its subsequent contract for a ...

Saudi Arabia is boosting oil output, pressuring U.S. shale producers and shaking markets. Here's how this move could impact ...