The company had to bear a larger share of subsidy due to overstatement of reported crude oil production by inclusion of natural-gas condensate and off-gas (seven per cent of condensate and one per cent of off-gas).
The Oil and Natural Gas Company (ONGC) recently announced 417 engineering and geo-sciences vacancies. Through the recruitment drive, the energy major invites application from interested candidates who have successfully cleared GATE-2016 examination.
Making use of an opportunity thrown up by an exemption from the notified gas price, the government-controlled Oil and Natural Gas Corporation is tendering out natural gas from its two fields. The price for this gas would be market-linked.
An Oil and Natural Gas Corp's (ONGC) well is pictured in an oil field on the outskirts of AhmedabadState-owned Oil and Natural Gas Corp (ONGC) will have to shell out Rs 392 crore and Oil India Ltd over Rs 1,100 crore after the government ordered them
Shares of ONGC and Oil India rose by 2.34% to 3.53% on the BSE on reports the government is likely to give a nod to hike kerosene prices by Re 0.25 a litre per month till April 2017.ONGC (up 3.53%) and Oil India (up 2.34%), edged higher.
On Thursday, the Centre launched a first-of-its-kind pilot programme in the country to run two-wheelers on compressed natural gas (CNG) in New Delhi, an initiative that is expected to be taken to two more cities.
Alphageo (India) is locked in upper circuit of 20% at Rs 660 on the BSE after the company announced that it has received letters of award for contracts from Oil And Natural Gas Corporation of India (ONGC) for an estimated value of Rs 1,482 crore.
Stating that the Krishna-Godavari Basin will become the hub of oil and gas reserves for India in the coming years, Oil Minsiter Dharmendra Pradhan on Sunday said the KG Basin is likely to attract new investment of Rs 1 lakh crore.
The government will not come in the way of a possible acquisition by state-run Oil and Natural Gas Corporation (ONGC) of oil and gas assets of Gujarat State Petroleum Corporation (GSPC) in the Krishna Godavari basin off the Andhra coast, oil minister
Running out of funds with each passing day, state-owned Gujarat State Petroleum Corporation Ltd (GSPC) is eyeing the Krishna Godavari (KG) basin majority stake sale to Oil and Natural Gas Corporation (ONGC) for its revival and future expansion.
ONGC Videsh (OVL), the foreign arm of state-run Oil and Natural Gas Corporation (ONGC), has signed an agreement with SOCAR Trading, trading arm of Azerbaijan’s government-owned energy firm, SOCAR, for foraying into oil trading business.
A technician opens a pressure gas valve inside the Oil and Natural Gas Corp (ONGC) group gathering station on the outskirts of AhmedabadONGC Videsh Ltd (OVL), the overseas arm of state-owned Oil and Natural Gas Corp (ONGC) has signed a pact with the
Oil and Natural Gas Corporation (ONGC), state-run petroleum explorer, on Thursday posted a 12 per cent jump in profit after tax (PAT) for the quarter ended March on account of nil under-recovery and part-reversal of impairment provisions made earlier due