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Latest Articles in ongc

ONGC Turns To GSPC's Undersea Infra For KG Gas Output

Oil and Natural Gas Corporation (ONGC) plans to use undersea infrastructure of Gujarat firm GSPC to produce gas from its own KG-basin fields in the Bay of Bengal

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India’s Crude Oil, Natural Gas Production Falls Behind Target In May

Overall, the cumulative crude oil production during April-May, 2017 was 6038.33 TMT which is 1.16 percent lower than target for the period but 0.07 per cent higher than production during corresponding period of last year.

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ONGC Q4 Net Dips 6.2% At Rs 4,340 Crore On Royalty Payments

ONGC) reported a 6.2 per cent drop in March quarter net profit after it cleared royalty dues to Gujarat and Assam and provisioned for employee pay revision

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ONGC Eyes 17 Per Cent Jump In Crude Output, 66 Per Cent In Gas By 2022

State-owned ONGC has projected 17 per cent rise in its crude oil production and 66 per cent in natural gas by March 2022 as it looks to boost domestic output to help achieve the government target of 10 per cent reduction in import of these items

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HPCL: Redefining Growth

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)

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SAIL, BSNL Air India Worst Performing PSUs In FY16

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.

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ONGC-HPCL Merger: Risky Deal?

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

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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

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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

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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

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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

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BW Real 500: Access To Energy

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

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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

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PSUs: Power Of A Collective

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

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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

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