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Latest Articles in ongc

State-run Players' Domination Continues In Latest Exploration Licensing Round

The government received a total of 24 bids for 21 blocks it offered in the latest exploration licensing round.

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Govt Receives Over Rs 2,800 Cr Dividend From CIL, ONGC This Fiscal

Besides, Rs 9,110 crore has been mobilised through disinvestment in various Central Public Sector Enterprises (CPSEs) so far this fiscal.

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Gas Price Increase Positive For ONGC, Reliance: Fitch

Domestically produced gas is supplied on a priority basis to certain sectors, with 30 per cent of it being consumed by power producers, around 27 per cent by the fertiliser sector and 19 per cent by city gas distributors in FY21.

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Govt Hikes Gas Price By 62%; CNG Rates May Go Up

The price for gas produced from difficult fields such as deepsea, which is based on a different formula, was hiked to USD 6.13 per mmBtu from the current USD 3.62 per mmBtu.

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ONGC's Share In India's Oil, Gas Production Rises

Oil and Natural Gas Corporation (ONGC) operates the country's oldest fields where a natural decline in output has set in.

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NTPC, ONGC To Boost Development Of Offshore Wind Energy

As per the MoU, NTPC and ONGC will explore the setting up of offshore wind and other renewable energy projects in India and overseas.

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ONGC Defends Oil Vessel Hire Tender, Norms Aimed At Increasing Competition

The tender for hiring a vessel to transport diesel along the Indian coast provides for the ship being seaworthy with valid certifications on the date of deployment after its selection in the bidding process.

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ONGC Reports Rs 6,734 Cr Net Profit In Q4

Domestic gas price under the administered pricing mechanism - which are revised once every six months - was USD 1.79 per million British thermal unit in the January-March quarter, down from USD 3.23 a year back.

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Govt To Auction 'Major' Oil, Gas Fields Of ONGC, OIL: Pradhan

ONGC produced 20.2 million tonnes of crude oil in the fiscal year ending March 31 (2020-21), down from 20.6 million tonnes in the previous year and 21.1 million tonnes in 2018-19.

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ONGC Announces Cash Relief For Affected Families, Survivors Of Sunk Barge

ONGC along with Indian Navy and Coast Guard immediately swung into rescue operations. Indian Navy along with the Coast Guard and ONGC are continuing with extensive search and rescue operations

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India's Gas Output Rises 23 Pc As RIL-BP Fields Start Production

Oil refineries processed 35 per cent more crude at 19.88 million tonnes in April when compared to the year-ago period, when economic activity had almost come to a halt because of a stringent nationwide lockdown.

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Little Time, Miscalculations May Have Ended ONGC Vessels In Cyclone Whirlwind, Say Sources

A massive day-night operation by the Indian Navy, Coast Guards and ONGC vessels helped save those on the drillship and two barges, but only 186 out of 261 onboard accommodation barge Pappa 305 could be rescued.

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ONGC To Procure 1 Lakh Oxygen Concentrators

The company will use its understanding of the global supply chain and logistics to procure one lakh oxygen concentrators on behalf of the government of India

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ONGC Removes Marketing Margin But Refuses To Lower Gas Price

ONGC's KG-DWN-98/2 or KG-D5 block is expected to have a peak production rate of 15.25 mmscmd of natural gas and 80,000 barrels per day of oil.

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Sensex Jumps 257 Pts; Nifty Ends Above 14,800

HDFC was the top gainer in the Sensex pack, spurting over 2 per cent, followed by Bajaj Finserv, M&M, NTPC, Bharti Airtel, UltraTech Cement and ONGC.

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