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ONGC for large acquisitions & tie-ups to double output by 2030 ONGC for large acquisitions & tie-ups to double output by 2030 State-owned energy major Oil and Natural Gas Corporation (ONGC) Friday said it is open to large-ticket acquisitions and technical tie-ups to double production by 2030.
ONGC keen on foraying into unconventional gas sources ONGC keen on foraying into unconventional gas sources ONGC Friday said it is keen on foraying into unconventional gas sources like shale gas and would bid for blocks once the government put in place a national policy.
OIL seeks revision in natural gas price OIL seeks revision in natural gas price Oil India Ltd (OIL) has demanded a revision in price for natural gas for state-owned firms alongside the planned hike in rates for private players like Reliance Industries, saying that the current margins are small.
Oil Ministry proposal on gas prices rejected Oil Ministry proposal on gas prices rejected Oil Ministry's proposal for an across-the-board near doubling of natural gas prices has been rejected by the Cabinet Secretariat saying a ministerial panel headed by Defence Minister A K Antony did not have powers to do so.
BP board to hold meet in India this week BP board to hold meet in India this week Members of BP board including Chairman Carl-Henric Svanberg and CEO Bob Dudley arrived here today ahead of the board meeting, sources privy to the development said.
ONGC's first power plant in Tripura to be opened 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.
Oil Ministry for abolishing gas priority Oil Ministry for abolishing gas priority The Oil Ministry has proposed to abolish the priority ranking in natural gas allocation so that the scarce resource currently consumed by urea plants can also be diverted to fuel-starved power plants.
'US natural gas exports to India, a 'win-win' proposition' 'US natural gas exports to India, a 'win-win' proposition' "As shale gas has become economically viable to produce, the US has emerged as one of the world's most important gas producing countries," Indian Ambassador to the US Nirupama Rao said, while speaking at the American Enterprise Institute (AEI), a Washington-based think-tank.
'ONGC needs to ensure gas supplies for 2200 mw plant in Maha' '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% 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.
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