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Oil and Natural Gas Corporation News
Oil and Natural Gas Corporation
Threat of tsunami lurks in offshore KG basin as geological faultline found: Study
Mon, Jul 20, 2020
The research team, comprising Prof K.S. Krishna and Dr M. Ismaiel from UoH, Dr K. Srinivas from NIO, and Dr D. Saha from ONGC, analysed seismic reflection data to understand the cause-effect relationship between the sediment load and the response of underneath heterogeneous igneous rocks in the Bay of Bengal, the varsity said in a statement, here on Sunday.
ONGC Navi Mumbai fire incident: Inferno successfully extinguished by firefighters, 5 killed and 3 injured
Tue, Sep 03, 2019
ONGC Navi Mumbai fire incident live update: There was a massive fire accident that took place at the oil and gas processing plant of state-run Oil and Natural Gas Corporation plant at Uran near Mumbai this morning.
ONGC says finances are sound; no issues with salary payments
Fri, Oct 19, 2018
State-owned Oil and Natural Gas Corp (ONGC) Thursday said its finances are as sound as ever and is generating enough revenues to meet all its capital and operating expenditures as well as any additional merit-based requirement.
Merge Pawan Hans with Hindustan Aeronautics: Officers union
Mon, Oct 01, 2018
Urging the government not to privatise profit-making Pawan Hans Ltd, the state-run chopper operators officers union has proposed the company's merger with defence PSU Hindustan Aeronautics Ltd (HAL).
OVL, partners reach out of court settlement with Rosneft
Sat, Sep 29, 2018
ONGC Videsh Ltd and its partners in Russia's Sakhalin-1 project have agreed to pay Russian giant Rosneft USD 230 million to settle an oil production dispute out-of-court, its managing director N K Verma said.
ONGC seeks exemption from government''s share buyback request
Wed, Sep 26, 2018
On Wednesday, India`s Oil and Natural Gas Corp Ltd (ONGC) has sought an exemption from a government request to buy back government-held shares in the company.
This stock was the star performer of the day even as Sensex tanked 146 points
Wed, Jul 18, 2018
The Sensex and Nifty pared all their early gains to settle lower on Wednesday. However, there was one stock that held its ground all through the day, rising as much as 5.5 per cent and settling nearly 3 per cent higher. Needless to say, the stock was the top gainer on both Sensex and Nifty.
ONGC not to make open offer post HPCL acquisition: Official
Sun, Jul 23, 2017
The Cabinet Committee on Economic Affairs (CCEA) last week gave in-principal approval of Oil and Natural Gas Corp (ONGC) buying out government's entire 51.11 per cent stake in fuel retailing and marketing company Hindustan Petroleum Corp Ltd. HPCL will continue to be a separate listed company.
ONGC's $2.4 billion Mozambique deal under Oil Min scanner
Sun, Feb 12, 2017
ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), had in June 2013 bought 10% stake in the Offshore Area 1 from Videocon Group for $2.475 billion. This stake was later divided between OVL and Oil India Ltd in 60:40 ratio.
ONGC, Oil India making losses on natural gas production
Sun, Oct 02, 2016
State-owned ONGC and Oil India are making losses on natural gas production after government cut rates for the fourth consecutive time to bring down selling price to below the cost of production.
Will take appropriate action on ONGC, RIL gas dispute by September-end: Pradhan
Wed, Aug 31, 2016
Following submission of the Justice A P Shah committee report on the gas migration dispute between state-run ONGC and private major Reliance Industries Ltd (RIL), Petroleum Minister Dharmendra Pradhan said on Wednesday that his ministry would take "appropriate action" in the matter by end-Septemb