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Oil And Natural Gas Corporation Ongc
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 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 05.01.20

India Inc overall borrowing grows 6.5% in November

The overall borrowings by India Inc from overseas markets has grown 6.5 per cent to USD 2.12 billion in November 2019, the Reserve Bank data of India showed.Domestic companies had borrowed over USD 1....
By PTI in Mumbai

Business  /  Published 04.08.19

OVL listing on agenda

The government is keen to list ONGC Videsh — the overseas arm of ONGC — and transfer the proceeds of the listing as a special dividend, enabling it to meet the divestment target set for the curre...
By R. Suryamurthy 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 23.06.19

ONGC small field plan

State-owned explorer ONGC plans to outsource the production of oil and gas in about 60 of the discovered small and marginal fields to private firms to enhance output.Industry sources said the explorer...
By Our Special Correspondent in New Delhi

Business  /  Published 24.11.19

ONGC may pare HPCL stake

State-owned exploration giant ONGC is considering a plan to dilute its stake in refiner HPCL, which it had acquired for Rs 36,915 crore, to reduce debt and fund exploration projects.Sources said the c...
By R. Suryamurthy in New Delhi

Business  /  Published 14.02.19

Natural gas set to turn costlier

The domestic natural gas price in the country is likely to be hiked over 10 per cent to $3.7 per million British thermal units (mBtu) from April 1 following a spike in prices in the global gas hubs.Th...
By Our Special Correspondent in New Delhi

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


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