The Ministry of Petroleum and Natural Gas has suggested that Oil and Natural Gas Corporation (ONGC) should identify portions of its producing assets to rope in private partners with the intent of boosting crude oil and gas output.

       The options on the table include selling stake to private players and exploring partnerships. “We are telling ONGC to increase the area under exploration,” Petroleum Secretary, Tarun Kapoor told Business Standard. “India’s crude oil production should rise, for that ONGC has to expand their portfolio and do more exploration. They ...