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Latest Articles in ongc
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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Markets Recoup Initial Losses To End Flat; RIL, Banks Weigh
Titan was the top laggard in the Sensex pack, shedding 4.58 per cent, followed by IndusInd Bank, Reliance Industries, Axis Bank, Kotak Bank, ITC, SBI, ONGC and ICICI Bank.
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India Inc's Foreign Borrowings Jump 24 % To USD 9.23 Bn In March
IRFC raised a total of USD 3.33 billion in three tranches for the purpose of infrastructure development, while ONGC Videsh Rovuma Ltd borrowed USD 1.6 billion for overseas acquisition.
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ONGC Says Want Foreign Partners In New Fields
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 tonne sin 2018-19.
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Oil Min Tells ONGC To Sell Oilfields; Hive Off Drilling, Other Services
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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India's Gas Output To Jump 52% By 2024 Led By ONGC, Reliance-BP
The output is projected to rise in the current fiscal that started on April 1 to 93 mmscmd, 107 mmscmd in the following year and 122 mmscmd in 2023-24
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COVID Shaves Off One-Fifth Capex Of ONGC In FY21; Downstream Cos Exceed Target
Oil and gas exploration and production projects typically involve the supply of equipment from overseas suppliers. Also, some facilities like rigs are operated by foreign crews.
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India's Crude Oil Output Drops 5%, Gas Production Falls 8%
India is nearly 85 per cent dependent on imports to meet its crude oil needs. It spent USD 61.9 billion in 2020-21 on import of 198.2 million tonnes of crude oil.
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High Pressure Performance
Operational revenues for FY20 stood at Rs 96,213.6 crore while profit after tax (PAT) was Rs 13,444.5 crore. ONGC realised $58.61/bbl for domestic crude in FY’20 compared to $68.19/bbl in FY19.
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Sensex Rallies Over 660 Pts; Nifty Reclaims 14,500 Level
M&M was the top gainer in the Sensex pack, rallying around 8 per cent, followed by Bajaj Finserv, Bajaj Finance, Maruti, Axis Bank, ONGC and HDFC Bank.
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ONGC Seeks Buyers For KG Gas, Wants Minimum $6.6 Price
This essentially means that bidders may corner gas by offering to pay USD 7, but the buyers will have to pay no more than the ceiling price of USD 3.62.
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