Days after the West Bengal government invited expressions of interest (EoIs) for selling its stake in Haldia Petrochemicals Ltd (HPL), Oil and Natural Gas Corp (ONGC) today said it was “examining&" whether to bid for the beleaguered
After facing the delay of almost a year for successful implementation of direct marketing of natural gas from the marginal gas fields in Gamij near Kheda, Oil and Natural Gas Corporation Ltd (ONGC) has once again invited fresh bids from the interested gas
India's 17 major public sector entities including CIL, ONGC, NMDC and OIL had over Rs 1.62 lakh crore in cash reserves during 2012-13, Parliament was informed today.
State-owned Oil and Natural Gas Corp (ONGC) has reported about 6% drop in crude oil production for the year ended March 31 on account of lower output from its crown-jewel Mumbai High fields.
Oil and Natural Gas Corp's (ONGC) $5 billion deal to acquire US energy giant ConocoPhillips' stake in a Kazakhstan oil field looks set to fall through as India hasn't been able to convince the Central Asian nation to approve the transaction.
Pushed by the faster clearances of oil and gas blocks by state-run ONGC Ltd has struck three major oil and gas discoveries KG deep offshore and Kutch shallow offshore basins.
ONGC Videsh Ltd, the overseas arm of state-owned Oil & Natural Gas Corp (ONGC), today said it has raised $800 million to part-finance its recent acquisition of interest in an oilfield in Azerbaijan.
Reserve Bank of India today allowed navratna public sector undertakings, ONGC Videsh Ltd (OVL) and Oil India Ltd (OIL) to invest in joint ventures and wholly owned subsidiaries of overseas incorporated entities in oil sector (for exploration and drilling
Standard & Poor's Ratings Services assigned its 'BBB-' long-term corporate credit rating to ONGC Ltd. The outlook on the company is negative, said a press release issued by S&P.
ONGC Videsh Ltd, a wholly owned subsidiary of public sector giant Oil and Natural Gas Corp, has hired a specialist lobbying firm in the US to present its case before the American lawmakers.
ONGC Videsh Limited (OVL), the foreign investment arm of state-run ONGC, has turned out to be one of the only two applicants for a fresh round of offshore bidding in Bangladesh.
State-owned energy major ONGC today became the country's most-valued company with market capitalisation of over Rs 2.86 lakh crore, surpassing Tata Group's software services company TCS.
ONGC's Assam Asset has registered an increase in crude oil production to 1.223 Million Metric Tonnes (MMT) during the financial year 2012-13 as against 1.202 MMT in the previous fiscal.
ONGC's Assam Asset has registered an increase in crude oil production to 1.223 million metric tonne (MMT) during the financial year 2012-13 as against 1.202 MMT in the previous fiscal.
Oil and Natural Gas Corporation Ltd’s (ONGC’s) stock was up nearly five per cent to Rs 324 on Monday, led by the recent decline in crude oil prices (which means a decline in absolute subsidy burden for the country and the company).
Kazakhstan is considering buying ConocoPhillips's Rs 27,198 crore ($5-billion) stake in the country's biggest oilfield before selling it to a Chinese producer, sources said.
State-owned ONGC Limited has approached Ministry of Environment and Forest (MoEF) for the permission to drill 24 development wells and to establish production facility in Krishna-Godavari basin, a top official said today.
Oil and Natural Gas Corporation (ONGC) has surged over 3% to Rs 318 on the National Stock Exchange (NSE) on hopes that the state-owned oil exploration and production company could find more oil reserves in Mumbai offshore.
The government today said it has detected service tax evasion of about Rs 300 crore by sub-contractors of Oil and Natural Gas Corporation (ONGC), Oil India and Larsen & Toubro.
