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Latest Articles in ongc

ONGC Gets 28 Bids For 50 Oil, Gas Fields In 1st Bid Round

ONGC had clubbed the 64 fields into 17 onshore contract areas that have a cumulative 300 million tonne of oil and oil equivalent natural gas reserves.

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ONGC: Fuelling The Nation

Its international arm, ONGC Videsh, has participation in 41 projects across 20 countries.

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Equity Indices Open Higher Tracking Positive Global Cues

Automakers Maruti Suzuki, Tata Motors and Eicher Motors gained by 1.3 per cent, 1.1 per cent and 1 per cent respectively while IT major added gains of 1.6 per cent at Rs 725.25 per scrip.

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Moody's Assigns Baa1 Rating To ONGC's Proposed Senior Unsecured Notes

The rating reflects ONGC's position as the largest integrated oil and gas company in India with significant reserves.

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Exxon Mobil, ONGC Sign Expertise-Sharing Deal

The memorandum of understanding (MoU), signed late Monday, will be later signed as a definitive deal after Exxon studies the blocks of the company.

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ONGC Free To Sell Stake In HPCL, Says Pradhan

The board of ONGC has on at least one occasion debated on the logic of retaining the stake in HPCL when no synergies were flowing.

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ONGC Considers Buying Out Rest Of Petrochemical Project

ONGC Petro additions Ltd (OPaL), majority-owned by ONGC, is primarily a polymer manufacturer, a chemical compound used in everything from textiles to plastics and packaging.

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Four Dead, Three Injured In Fire At ONGC Site; Mumbai Gas Supply Affected

"We're checking with the local hospital for further updates, but so far we have four confirmed dead," said a company source, who asked not to be named as ONGC have not issued any official statement on casualties.

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Fire Breaks Out At ONGC Plant

"The fire is being contained. No impact on oil processing. Gas diverted to Hazira Plant. Situation is being assessed," the oil explorer said in a tweet on Tuesday.

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CBI Opens Probe Into Rolls-Royce's Dealings With Three State Firms

In an emailed statement, a Rolls-Royce spokesperson said that the police report related to the use of intermediaries by company’s erstwhile energy business in India, and that no current employee had been involved in those deals.

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ONGC: Striking Oil

Strong fundamentals and foresight have created a longterm success map for ONGC

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Indian State Firms Allowed Private Help With Old Oil, Gas Blocks

India is the world's third-largest oil consumer and buys about 80 per cent of its supplies from abroad. Prime Minister Narendra Modi has set a target to cut India's dependence on foreign oil to 67 per cent by 2022

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ONGC To Reconsider Government Demand To List Exploration Subsidiary, Says Chairman

The government in August had asked India's biggest state-owned oil company to list its subsidiary as part of a drive to sell state-assets to raise funds

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On The High Seas

FY18 was a year of recovery for E&P companies, but the ONGC, stands out in the clutter for its persistent investment in exploration

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ONGC Gets $32 Million Payment From Venezuela's PDVSA

ONGC has a 40 percent stake in Venezuela's San Cristobal project, with PDVSA holding the remainder

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