More than a year after it sacked three UPA-appointed independent directors on ONGC board, the government has appointed ex-IFS Ajai Malhotra and two others as non-oficial part-time directors on the board of the nation's biggest oil and gas producer.
About 11.12 billion cubic metres of natural gas worth Rs 11,055 crore have flowed from idling Bay of Bengal blocks of the state-owned Oil and Natural Gas Corporation (ONGC) to neighbouring KG-D6 fields of Reliance Industries, US-based consultant D&M
The shares of crude oil producers such as Oil and Natural Gas Corporation (ONGC), Oil India Ltd (OIL), and Cairn India (Cairn) have fallen about 40 per cent each in the past year and have under-performed the S&P BSE Sensex.
ONGC Videsh Ltd (OVL), the overseas investment arm of state-run explorer Oil and Natural Gas Corporation (ONGC) is planning to double its investments in Africa from the current $8 billion over the next three years.
Oil and Natural Gas Corporation (ONGC) is expected to increase its upstream capital expenditure by 10% next year and intensify its exploration activities, taking advantage of the current depressed global energy market.
The NDRF, country's elite disaster mitigation combat force, has tied up with about 30 PSUs in order to develop mutual understanding and enhance capabilities to jointly tackle man-made or natural emergencies.
State-owned ONGC may not get much compensation even if it is established that natural gas from its idlying fields in Bay of Bengal had migrated to adjoining KG-D6 block of Reliance Industries as the contract does not provide for retrospective penalty for
Minister of State for petroleum and natural gas, Dharmendra Pradhan said that any decision on the Reliance Industries Ltd and ONGC's ongoing dispute with regard to gas flow in the Krishna Godavari basin will be taken after consultants DeGolyer and
Reliance Industries Ltd (RIL) and Oil and Natural Gas Corporation (ONGC) might have to amicably settle their dispute with regard to gas flow in the Krishna-Godavari basin to prevent a long-drawn legal battle.
Some natural gas from the fields of Oil and Natural Gas Corp (ONGC) in the Bay of Bengal might have flown out through the adjoining, connected KG-D6 fields of Reliance Industries Ltd (RIL), said a PTI report quoting US consultant DeGolyer and
Shares of Reliance Industries Ltd (RIL) slipped 2.7% to 889.15 on the Bombay Stock Exchange (BSE) after a news channel said that the draft report from international consultant DeGolyer and MacNaughton has indicated that there was extraction of natural gas
Shares of oil exploration & production companies such as Oil and Natural Gas Corporation (ONGC), Cairn India and Oil India were trading higher by up to 6% on the BSE in the early morning trade on rise in crude oil prices.
The much-awaited report of the technical consultant on the dispute related to natural gas reserves in the Krishna-Godavari (K-G) basin between India’s largest oil companies — state-owned Oil and Natural Gas Corporation (ONGC) and Reliance
Global ratings agency Moody's has said the sharp cut in natural gas prices notified by the Indian government will not only impact state-run Oil and Natural as Corp (ONGC) but also discourage new exploration investments and fuel imports.
Two years after Oil and Natural Gas Corporation (ONGC), with its consortium partners Bharat Petroleum Corporation Limited (BPCL) and Japanese conglomerate Mitsui, signed a memorandum of understanding (MoU) to set up a regasification liquefied natural gas
The The Delhi High Court last week disposed of a petition by Oil and Natural Gas Corporation (ONGC) in a case where the state-run explorer had alleged natural gas from two of its blocks in the KG Basin off the Andhra coast – KG-DWN-98/2 and
About a third of the 69 small and marginal oil and gas fields that the government plans to auction to private firms are in Mumbai offshore and the biggest of these holds about 15 million tonnes of oil reserves.