In an attempt to de-risk its exploration business, state-owned Oil and Natural Gas Corp (ONGC) plans to foray into gas retailing business through a new subsidiary -- ONGC Gas Ltd.
The country’s largest insurer, Life Insurance Corporation (LIC), has seen a marginal appreciation in its investment in Oil and Natural Gas Corp (ONGC) till March 31. “The amount of money invested by LIC in ONGC shares till March 31, was Rs
Public sector oil exploration major, Oil and Natural Gas Corporation Ltd (ONGC) is aggressively pursuing technology intensive exploration opportunities including shale gas exploration on the western coast of India.
Life Insurance Corporation’s (LIC’s) purchase of Oil and Natural Gas Corporation (ONGC) shares during the government’s part-divestment of its holding has come under fire from a parliamentary panel.
Oil giant ONGC along with a Vietnamese company will launch joint exploration for oil in the South China Sea despite objections from China, a top company official said today.
ONGC-Tripura Power Corporation (OTPC)'s 724-MW gas-based thermal power project at Palatana in South Tripura district would start generation by June, a top official of state-owned oil major ONGC said today.
The Supreme Court on Monday issued notices on a public interest suit challenging the role of the central government and state-owned Oil and Natural Gas Corporation in the deal between Cairn India and Vedanta Resources.
This ONGC profit was in spite of giving Rs 30,296 crore towards compensating the losses of government oil marketing companies on the regulated sale of diesel, kerosene and domestic cooking gas (LPG).
The fourth quarter earnings of oil and gas companies in 2011-12 will be driven by factors such as rising crude oil prices, weakening of petrochemical margins and falling complex Singapore gross refining margins (GRM).
Credit rating agency Moody's has downgraded the local currency ratings of state-owned Oil and Natural Gas Corporation (ONGC) and GAIL, as a reflection of the risks that these two entities share with the Indian government.
Credit rating agency Moody's has downgraded the local currency ratings of state-owned Oil and Natural Gas Corporation (ONGC) and GAIL, as a reflection of the risks that these two entities share with the Indian government.
Following geopolitical disputes in North and South Sudan, ONGC Videsh Ltd. (OVL), the overseas investment arm of state-run Oil and Natural Gas Corporation Ltd. (ONGC) has discontinued crude oil production from the latter territory.
State-owned Oil and Natural Gas Corporation (ONGC) today said its Assam oilfields produced 1.19 million tonnes of crude oil in 2011-12, a tad higher than the target.
Contrary to the belief that the auction of shares by companies is not meant for retail investors, the final participation details of the ONGC auction on March 1 has thrown up interesting data that indicates active participation by this segment.
State-run Oil and Natural Gas Corporation (ONGC) is to shortly sell stake in its four coal-bed methane (CBM) blocks to companies which have bid for this.
India’s state-run Oil & Natural Gas Corporation (ONGC) has joined hands with ConocoPhillips for exploration and development of 19 deepwater oil and gas blocks. The two companies would also be collaborating in shale-gas exploration.
State-run Oil & Natural Gas Corporaton (ONGC) will today, sign an agreement with ConocoPhillips on the exploration and development of shale-gas reserves and deep-water oil and gas blocks, the company said.
State-owned Oil and Natural Gas Corporation (ONGC) cornered six blocks - four as operator and two as minority partner -- out of the 16 areas that the government awarded for oil and gas exploration, but saw its bids rejected for 8 areas including five
