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State-run explorer Oil & Natural Gas Corp.’s overseas investment unit is in talks with Russian companies OAO Rosneft and OAO Novatek to seek a greater share in energy assets there, foreign secretary said Wednesday. “OVL [ONGC Videsh ...
Production is expected to begin in May 2014 from a cluster of oil and gas fields in the Mumbai High area offshore western India to be developed by state-owned Oil & Natural Gas Corp. The B-127 cluster, ...
The Finance Ministry will decide on the date of the follow-on offer of Oil and Natural Gas Corp (ONGC) after the government appoints independent directors for the state-owned company. “We will file draft papers again once ...
The national oil and gas behemoth threw up hydrocarbons shows at its B-127E-1 well and also at its N Kadi-472 (NKXV) well, it revealed in a brief announcement on Thursday. ONGC was looking to test the ...
State-owned Oil and Natural Gas Corporation (ONGC) is investing nearly Rs 25,000 crore in bringing to production nearly a dozen marginal oil and gas fields by 2014. “ONGC has taken up the development of marginal fields ...
Seeking to shore up its finances, the Finance Ministry has asked cash-rich oil PSUs like Oil and Natural Gas Corp (ONGC) to consider special dividend over and above the 30% interim dividend they anyway have to ...
A high-level panel of secretaries has recommended rejecting bids by Reliance Industries (RIL) and state-owned Oil and Natural Gas Corp (ONGC) for the Andaman sea block as they had offered “very low” profit share to the ...
State-owned Oil and Natural Gas Corp (ONGC) may see 4.7 per cent rise in crude oil output at over 25 million tonne in 2012-13 but natural gas output is projected to fall 1.4 per cent. The company ...
A division bench of the Gauhati High court (GHC) on Monday for the first time instructed the Nagaland State Pollution Control Board (NSPCB) to constitute a committee within a month to ascertain the status of the ...
State-run exploration giant ONGC plans to spend Rs 2,200 crore in phases for increasing output from its ageing oilfields located in Ankleshwar and Gandhar in Gujarat, company sources said. “This amount will be spent over the ...