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Oil And Natural Gas Corporation Ongc
Business  /  Published 02.07.20

Sensex rallies over 300 points in early trade

Market benchmark Sensex surged over 300 points in early trade on Thursday tracking advances in global equities as positive macroeconomic data flow and hopes of a Covid-19 vaccine boosted investor sent...
By PTI in Mumbai

Business  /  Published 01.07.20

ONGC reports quarterly loss of Rs 3,098 crore

Oil and Natural Gas Corp (ONGC) on Tuesday reported its first-ever quarterly loss after it took an impairment on slumping prices. India’s top oil and gas producer reported a Rs 3,098 crore loss...
By Our Special Correspondent in New Delhi

North East  /  Published 02.06.20

Foreign experts to douse well blowout

Oil India Limited (OIL) will fly in experts from Singapore by Wednesday night to cap a well blowout at Baghjan in Assam’s Tinsukia district.Experts of the Singapore-based firm, Alert Disaster Contro...
By Umanand Jaiswal in Guwahati

Business  /  Published 28.05.20

Cairn told to pay $520 million as profit share

The government has slapped a $520-million (around Rs 3,941 crore) demand notice on billionaire Anil Agarwal’s oil and gas unit Cairn after an audit found alleged discrepancies in cost recovery in th...
By PTI in New Delhi

Business  /  Published 24.05.20

Covid-19 lockdown: Petroleum sector throttled

The lockdown has severely hurt the petroleum sector, with oil and gas as well as refining suffering a sharp decline in production.Gas output in April fell 18.6 per cent to 2.16 billion cubic metres (b...
By Our Special Correspondent in New Delhi

Business  /  Published 22.04.20

ONGC seeks waivers on cess, royalty

State-owned ONGC has asked the government to waive the payment of oil cess and royalty as plummeting international oil prices have meant the rate it now gets does not even cover the operating cost, so...
By Our Special Correspondent in New Delhi

North East  /  Published 08.04.20

Oil firms contribute Rs 1000cr

The petroleum industry Oil and Natural gas Commission (ONGC), Indian Oil Corporation (IOC) and other public sector oil companies have contributed over Rs 1,000 crore to the Prime Minister CARE Fund to...
By Sanjoy Hazarika in Bokakhat

Business  /  Published 05.04.20

ONGC plea to weather loss

ONGC has sent an SOS to the government, seeking a cut in taxes as well as being granted pricing and marketing freedom for gas to help it weather the slump in prices that has made sustaining operations...
By PTI in New Delhi

Business  /  Published 23.02.20

Gas prices may be cut by 25%

Natural gas prices in India are likely to be cut by a steep 25 per cent beginning April, in line with the slump in global rates, sources said. The price of most of the natural gas produced by state-ow...
By PTI in New Delhi

North East  /  Published 10.01.20

Survey on gas pipeline

The Assam government has asked the Assam Gas Company Limited (AGCL) to conduct a survey on laying a pipeline to provide house-to-house gas connection in Guwahati and Silchar in the first phase.Assam i...
By A Staff reporter in Guwahati


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