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May 26, 2013
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ONGC
ONGC reclaims most-valued spot; pushes TCS to second slot
State-owned energy major ONGC Thursday reclaimed the spot as the country's most-valued company, pushing IT giant TCS to the second slot.
CCEA to consider OVL's addl investment in Vietnam block tom
The Exploration License for Block 06.1 was acquired by OVL in 1988. OVL holds 45 percent in the block.
Invest or pay higher dividend: PMO to CPSEs
PMO will closely monitor capital investments and project implementation by the 23 public sector units (PSUs), sources with direct knowledge of the development said.
Punj Lloyd wins Rs 730-cr order from ONGC
Leading infrastructure firm Punj Lloyd Monday said it has bagged an order worth Rs 730 crore from ONGC for executing a sub-sea pipeline project at Bombay High oil field.
ONGC's first power plant in Tripura to be opened
President Pranab Mukherjee will inaugurate the ONGC's first commercial power project in Tripura next month, an official said here Monday.
GAIL Chairman, OVL MD in race for ONGC top job
At least six candidates including GAIL Chairman B C Tripathi and ONGC Videsh Ltd (OVL) Managing Director D K Sarraf are in race for the top job at India's most profitable company, Oil and Natural Gas Corp (ONGC).
'ONGC needs to ensure gas supplies for 2200 mw plant in Maha'
State-owned ONGC, which is seeking environment clearances for setting up a 2200 MW gas-based plant in Maharashtra, has been asked to ensure availability of fuel, according to sources.
ONGC's oil production down 6%
State-owned Oil and Natural Gas Corp (ONGC) has reported about 6 percent drop in crude oil production for the year ended March 31 on account of lower output from its crown-jewel Mumbai High fields.
ONGC's $5 bn Kazakh oil deal may fall through
Industry insiders say the blame for falling of ONGC's biggest acquisition may rest with the Indian government which unlike China, has not engaged with Kazakhstan at the highest levels to push the deal through.
OVL raises $800 million to part-finance oilfield in Azerbaijan
ONGC Videsh Ltd, the overseas arm of state-owned Oil & Natural Gas Corp (ONGC), today said it has raised USD 800 million to part-finance its recent acquisition of interest in an oilfield in Azerbaijan.
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