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Oil field arbitration: Govt asks RIL, Shell, ONGC to pay $3 billion in penalty

Oil field arbitration: Govt asks RIL, Shell, ONGC to pay $3 billion in penalty

The government has sought about USD 3 billion from Reliance Industries, Royal Dutch Shell and ONGC following a "partial" arbitration award in its favour over cost recovery in Panna/Mukta and Tapti (PMT) oil and gas fields in the Arabian Sea.

Nine of 10 most valued cos add Rs 67,754 cr in m-cap

Nine of 10 most valued cos add Rs 67,754 cr in m-cap

IT major Tata Consultancy Services (TCS) saw its m-cap soar by Rs 12,749.16 crore to Rs 4,59,199.31 crore and SBI added Rs 9,840.54 crore to Rs 2,51,710.59 crore.

 

Nine of 10 most valued companies add Rs 72,649 crore in m-cap

Nine of 10 most valued companies add Rs 72,649 crore in m-cap

Nine of the 10 most valued Indian companies together added Rs 72,648.98 crore in market valuation last week, with RIL emerging as the star performer.

Anti-ONGC stir continues in Tamil Nadu's Thanjavur, shops remain shut

The protest by locals against the ONGC's oil exploration project in a village in the district continued with shops remaining shut for the fifth day on Wednesday and agitators picketing a government office.

ONGC should shut operations in Tamil Nadu's Thanjavur

Political party leaders have asked the Oil and Natural Gas Corporation Ltd (ONGC) to shut its operations in Tamil Nadu's Thanjavur district following police action on people protesting against oil spill after a pipeline burst.

ONGC gets green nod for exploratory drilling in KG basin

ONGC gets green nod for exploratory drilling in KG basin

The current production of oil and gas is 750-800 tonnes per day and 2.5-3 million cubic metres of gas, respectively, from various facilities in this area.

Telangana: Efforts on to save 14-month-old girl stuck in borewell

Authorities are racing against time to save a 14-month-old girl who accidentally fell into a 40-feet deep open borewell in adjoining Vikarabad district two days ago.

Govt to assess impact of CSR activities undertaken by PSUs

For the first time, the NDA government is planning to conduct a study for assessing the impact of corporate social responsibility projects undertaken by various public sector firms.

Maruti overtakes Infosys, ONGC in m-cap; stock up 3%

Maruti Suzuki zipped past Infosys and ONGC in market capitalisation (m-cap) as its stock rose by 3 percent Friday, adding Rs 6,563 crore to the value.

ONGC announces plans to buy government stake in HPCL

State-owned Oil and Natural Gas Corporation (ONGC) has announced its plans to likely acquire the central government`s majority stake in refiner Hindustan Petroleum Corp. Ltd (HPCL) by the end of this financial year.

Rahul Jarngal, ONGC engineer from Jammu and Kashmir's Kathua district, scales Mount Everest

Rahul Jarngal, ONGC engineer from Jammu and Kashmir's Kathua district, scales Mount Everest

Rahul Jarngal, an engineer belonging to Jammu and Kashmir's Kathua district, has scaled the Mount Everest.

ONGC Q4 net profit falls 6% at Rs 4,340 crore

State-run explorer Oil and Natural Gas Corp. (ONGC) on Friday reported a 6.1 percent fall in net profit for the fourth quarter ended March at Rs 4,340 crore, as compared to the PAT of Rs 4,624.30 crore for the same period of 2016.

Drinking water supply stopped in Agartala after ONGC waste leaks

Drinking water supply to lakhs of people in Tripura was stopped after ONGC drilling waste spilled over into a key river.

Sudan denies licence extension to OVL; seeks higher taxes

Sudan has denied India's ONGC Videsh Ltd an extension of licence to operate an oilfield as it sought higher royalties and taxes to make up for revenue lost due to drop in oil prices.

ONGC reclaims most-valued PSU firm status; topples SBI

ONGC reclaims most-valued PSU firm status; topples SBI

Energy behemoth ONGC on Wednesday surged past State Bank of India to reclaim the status of the most- valued PSU by market valuation.

11 Indian climbers commence their expedition to Mt Everest's peak!

11 Indian climbers commence their expedition to Mt Everest's peak!

The team was selected after over 150 Everest aspirants underwent a strenuous selection process for over 15 months.

Iran dismisses India's threat to cut oil imports

Iran has dismissed India's decision to cut oil imports from Tehran by a fifth over delay in award of a gas field and said it has other buyers.

ONGC eyes 17% jump in crude output, 66% in gas by 2022

The nation's biggest oil and gas producer has prepared 'Roadmap' for Import Reduction.

 M-cap windfall for top 7 companies, investors richer by Rs 45,956 crore

M-cap windfall for top 7 companies, investors richer by Rs 45,956 crore

Investors in top seven Indian companies saw their fortune grow by a cumulative Rs 45,955.51 crore last week, with SBI and RIL handing the maximum gains.

SAIL, BSNL, Air India worst performing PSUs in FY16: Survey

SAIL, BSNL, Air India worst performing PSUs in FY16: Survey

Coal India, ONGC and Indian Oil Corporation emerged as star financial performers among India's central public sector enterprises in 2015-16, whereas SAIL, BSNL and Air India incurred most losses, a government survey has showed.