Petrol gets cheaper: Know the latest price list city wise

Petrol gets cheaper: Know the latest price list city wise

Petrol gets cheaper: Know the latest price list city wise

ONGC gets 25% discount on premium from United India, GIC Re

ONGC gets 25% discount on premium from United India, GIC Re

ONGC's hard bargain with state-run United India Insurance and GIC Re has further brought down its annual renewal premium by almost 25 percent to USD 16 million for both insurance as well as reinsurance covers for its offshore assets valued at USD 34 billion.

ONGC takes over Tapti assets from BG, Reliance Industries

ONGC takes over Tapti assets from BG, Reliance Industries

tate-owned ONGC has taken over a part of the abandoned assets of the western offshore Tapti gas field from its joint venture partners Reliance Industries and BG and will use it to produce gas from its Daman fields.

India offers stakes to UAE in petro projects

India has offered UAE stakes in petrochemical plants and refinery projects as it seeks to boost energy ties with the cash-rich Gulf nation.

ONGC gets green nod for Rs 350-cr drilling project in Gujarat

ONGC gets green nod for Rs 350-cr drilling project in Gujarat

 State-owned ONGC has received green nod for its Rs 350-crore project of drilling 22 exploratory wells in NELP-9 blocks located at Banaskantha, Gandhinagar and Ahmedabad districts of Gujarat.

FinMin lines up 16 PSUs including ONGC, Oil India and Coal India for disinvestment

FinMin lines up 16 PSUs including ONGC, Oil India and Coal India for disinvestment

Finance Ministry has drawn up a list of 16 PSUs including ONGC, Oil India and Coal India for disinvestment in 2016-17 which could fetch the exchequer Rs 40,000 crore at current stock value.

Natural gas prices cut by 20%; CNG, cooking gas to be cheaper

Natural gas prices cut by 20%; CNG, cooking gas to be cheaper

Price of natural gas produced from existing fields of state-owned ONGC and Reliance Industries has been cut to USD 3.06 per million British thermal unit with effect from Friday, an oil ministry official said.

Reliance Defence delivers vessel part of Rs 700 crore contract

Reliance Defence delivers vessel part of Rs 700 crore contract

 Billionaire Anil Ambani Group firm Reliance Defence and Engineering Ltd has delivered seventh offshore supply vessel (OSV) to state-owned Oil and Natural Gas Corp (ONGC).

ONGC to invest $5 billion to develop KG basin oil and gas block

ONGC to invest $5 billion to develop KG basin oil and gas block

State-owned ONGC on Monday announced USD 5.07 billion investment in its KG basin oil and gas block but the delay on government's part in approving a higher gas price for difficult areas would mean the output would be delayed by one year to 2019-20

Russia clears ONGC''s $1.3 billion Vankor stake deal

Russia clears ONGC''s $1.3 billion Vankor stake deal

Vankor, launched in 2009, produces around 440,000 barrels per day. The field is a source of Russian oil supply to China.

RIL, ONGC gas dispute: Shah panel tenure extended to July end

RIL, ONGC gas dispute: Shah panel tenure extended to July end

Government has extended by three months the tenure of A P Shah Committee looking into the dispute over natural gas migrating from state-owned ONGC's idle blocks in KG basin to neighbouring fields of Reliance Industries.

 

Govt extends tenure of Shah Committee looking into ONGC-RIL gas dispute

Govt extends tenure of Shah Committee looking into ONGC-RIL gas dispute

Government on Tuesday extended tenure of Shah Committee looking into ONGC-RIL gas dispute by three months to July 31.

 

Oil Minister Dharmendra Pradhan to visit Iran on April 6-7

Oil Minister Dharmendra Pradhan to visit Iran on April 6-7

Accompanied by ONGC Videsh Ltd Managing Director Narendra K Verma and Indian Oil Corp (IOC) Chairman B Ashok, Pradhan's visit is aimed at engaging with leadership of the oil and gas rich nation that has just come out of international sanctions.

Top 6 cos add Rs 37,414 cr in mcap; TCS lead gainer

Market logged its third weekly rise in a row to hit a two-month high, as benchmark Sensex gained 234.75 and the broader Nifty garnered 94.15 points.

Oil price recovery poses downgrade risk to OIL, ONGC: Moody's

Moody's Investors Service Thursday said ratings of state-owned Oil and Natural Gas Corp (ONGC) and Oil India Ltd (OIL) may come under pressure if oil prices fall more sharply than expected and companies carry on with their growth and expansion plans aggressively.

ONGC mulls drilling nine development wells in 2 fields

ONGC mulls drilling nine development wells in 2 fields

Oil and Natural Gas Corporation Ltd is planning to undertake drilling of nine development wells in KG-OSN-2004/1 and GS-49-2 fields beside creation of other infrastructure in KG Basin with an investment outlay of Rs 3,750 crore.

D5 Block: ONGC sees over $4 billion investment, announcement very soon

On the heels of the government announcing a slew of reforms in the oil and gas sector, state-run explorer ONGC today said it will finalise "a multi- billion dollar investment plan" for the 98/2 fields of D5 Block in the KG Basin by the month-end or early April

ONGC gets back Ratna & R-Series, Amguri oil fields

ONGC gets back Ratna & R-Series, Amguri oil fields

The Ratna and R-series oil fields, 130-km off the Mumbai coast, hold an estimated 87 million barrels of oil and 1.2 billion cubic metres of gas reserves.

ONGC accuses DGH of not discharging its duty

ONGC accuses DGH of not discharging its duty

ONGC has charged upstream body DGH with not discharging its contractual and statutory duty and obligation properly that resulted in a controversy over migration of its gas to neighbouring block of Reliance Industries

Govt to hike gas price for ONGC, RIL by 60%

In a boost to firms like ONGC and Reliance Industries, the government plans to raise natural gas price by about 60 percent for their undeveloped gas discoveries in difficult areas.