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Economic Survey: ONGC highest profit-making PSU, BSNL worst performer

Last Updated: Wednesday, July 09, 2014, 19:43

Oil explorer ONGC again emerged as the highest profit-making PSU of the country during 2012-13 while telecom major BSNL turned out to be the biggest loss-making enterprise, says the Economic Survey.

Govt to sell 5% stake in ONGC, to fetch Rs 17,000 cr

Last Updated: Tuesday, July 08, 2014, 17:26

The Department of Disinvestment is understood to have floated a Cabinet note for inter-ministerial consultation to take forward the ONGC stake sale.

ONGC makes largest overseas bond sale; raises $2.2 bn

Last Updated: Tuesday, July 08, 2014, 17:16

The issue involved USD 1.5 billion of dollar money and 525 million in euros (USD 714 million at current exchange rate), merchant bankers said.

Leakage in ONGC pipeline detected in Andhra Pradesh

Last Updated: Monday, June 30, 2014, 23:37

Close on the heels of a GAIL pipeline blast at Nagaram in Andhra Pradesh last week that claimed 19 lives, a leakage in another pipeline belonging to Oil and Natural Gas Corp (ONGC) was detected at Tatipaka, about 80 kms from here.

ONGC to invest Rs 5,700 crore in Mumbai High North development

Last Updated: Friday, June 27, 2014, 19:30

State-owned Oil and Natural Gas Corp (ONGC) Friday said it will invest over Rs 5,700 crore in redevelopment of its giant Mumbai High (North) oil and gas field off the west coast.

ONGC shuts some wells in East Godavari post GAIL pipeline fire

Last Updated: Friday, June 27, 2014, 14:10

State-owned Oil and Natural Gas Corp (ONGC) has shut some wells on two onland gas fields in East Godavari district of Andhra Pradesh following a fire in a pipeline that carried the gas to consumers.

ONGC shuts some wells in East Godavari post GAIL pipeline fire

Last Updated: Friday, June 27, 2014, 11:07

GAIL has shut the recently built 18-inch pipeline following the fire.

Unfair to expect gas price decision by new govt so soon: ONGC

Last Updated: Thursday, June 26, 2014, 18:13

The UPA government-approved formula, if implemented, would have increased power tariffs by Rs 2 per unit and CNG rates by Rs 12 a kg.

Sensex falls 251 points dragged down by shares of ONCG, RIL

Last Updated: Thursday, June 26, 2014, 17:04

Sensex constituents RIL and ONGC contributed almost 150 points to the Sensex fall on Thursday.

India oil output drops marginally in May, gas production dips

Last Updated: Tuesday, June 24, 2014, 18:16

India's crude oil production dropped marginally in May as a fall in output at fields operated by state-owned ONGC and OIL negated increased flows from private firms including Cairn India.

Varma appointed director (onshore), ONGC

Last Updated: Monday, June 23, 2014, 19:39

The post of Director (Onshore) had been lying vacant since October 2012 when A K Hazarika super-annuated.

GCA to be appointed to resolve ONGC-RIL dispute

Last Updated: Sunday, June 22, 2014, 13:03

GCA is a worldwide petroleum consultancy with over 50 years of experience in providing independent technical, commercial and strategic solutions.