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Oil and Natural Gas Corp (ONGC) News

06 Aug 2017

GAIL, GSPL fight over who will transport ONGC gas

GAIL, on the other hand, has contested GITL's assertion that ONGC's S1 deep water and S1-VA fields in Bay of Bengal were ever marked as gas sources for MBBVPL.

Oil and Natural Gas Corp (ONGC)

28 Jul 2017

ONGC wins Government's nod for Rs 7,738 crore GSPC stake buy

As per the requirement of the field development plan (FDP), 12 more development wells are yet to be completed, which will further bump up the project cost.

Hindustan Petroleum Corp Ltd (HPCL)

19 Jul 2017

Cabinet approves sale of government stake in HPCL to ONGC

The Cabinet on Wednesday approved sale of government's stake in Hindustan Petroleum Corp Ltd (HPCL) to India's largest oil producer ONGC for Rs 30,000 crore, a top government source said.

State-owned HPCL

16 Jul 2017

HPCL to invest Rs 61,000 crore by 2021 on expansion projects

HPCL said it is building a new 9 million tonnes per annum refinery-cum-petrochemical complex at Pachpadra in Rajasthan and a petrochemical complex at Kakinada in Andhra Pradesh.

16 Jul 2017

Oil Ministry intensifies monitoring of ONGC fields

The panels will review from annual work programme and budget to declaration of a discovery as commercial as also reservoir and production performance, monitoring of development activities and collaborations with other explorers.

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