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Hindustan Petroleum Corporation (HPCL), one of the biggest giants in the oil industry in India is likely to merge with Oil and Natural Gas Corporation (ONGC)

SAIL, BSNL Air India Worst Performing PSUs In FY16

Economy

Coal India, ONGC and Indian Oil Corporation emerged as star financial performers among India's central public sector enterprises in 2015-16, whereas SAIL, BSNL and Air India incurred most losses, a government survey has showed.

ONGC-HPCL Merger: Risky Deal?

C H Unnikrishnan

The ONGC-HPCL merger appears to be a bad idea for the government and the industry

ONGC May Acquire HPCL In Rs 44,000 Crore Deal

State-owned Oil and Natural Gas Corporation may acquire India's third-biggest fuel retailer HPCL in an about Rs 44,000 crore deal as part of the government's plan to create an integrated oil giant

ONGC To Take Control Of HPCL To Create Larger Oil Sector Entity

India plans to create a giant oil company by combining state-owned firms, finance minister Arun Jaitley said in the budget speech earlier

ONGC To Invest $1.1 Billion To Boost Output

Most of this investment would go into developing the R-Series fields, off India's west coast, that can produce 8.39 million tonnes of oil and 1.696 BCM of gas

ONGC Takes Profit Hit From Royalty Payments

Indian law requires companies to pay 20 per cent of the market value of oil produced as royalty to states where oil blocks are located

BW Real 500: Access To Energy

Vaishali Dar

Energy & Infra Power

For 2017, the plan is to concentrate on the completion of projects. The oil and gas behemoth’s ambition to expand both in India and overseas is paying off

Jairam Ramesh Seeks Sebi Probe Into ONGC's GSPC Stake Buy

Ramesh said it is incumbent upon Sebi to investigate the ONGC-GSPC transaction on behalf of minority shareholders

PSUs: Power Of A Collective

C H Unnikrishnan

The Indian government by virtue of its majority ownership in public sector companies, including banks and oil marketers, has become richer by Rs 1,44,637 crore in 2016 compared to the previous year

ONGC Exploring Swap Deals To Import Gas From Myanmar

A unit of Oil and Natural Gas Corp Ltd (ONGC) is in early talks with Gazprom for supply of natural gas through a complex swap involving Russia, China and Myanmar, the head of the unit

ONGC To Begin Oil Production From Ratna, R-Series Field In 2019

Production form the fields is targeted to start in 2019 with an output of 10,000 barrels per day initially

Gas Price For Industrial Use Cut By 18 Per Cent

As per the new gas pricing formula approved by the NDA government in October 2014, gas prices are to be revised every six months and the next change is due on April 1

India To Save Rs 20,000 Crore From Qatar Gas Import Deal: PM