ONGC to start appraisal of new area, survey in Mahanadi basin
As part of its effort to ensure energy security, the Centre has decided to undertake fresh appraisal over 40,000 line km including Odisha's Mahanadi basin to find out oil and natural gas reserves.
May 10, 2015, 22:00 PM IST
ONGC strikes 'significant' oil, gas in KG basin
State-owned Oil and Natural Gas Corp (ONGC) Wednesday said it has made another significant oil and gas discovery in its Krishna Godavari basin deepwater block KG-D5, which sits next to Reliance Industries' flaging KG-D6 area.
Apr 29, 2015, 23:25 PM IST
Experts from US firm arrive at ONGC fire site in Gujarat
As the fire at the ONGC's gas well near Surat continued to rage for a fourth day Tuesday, two experts from a US-based company arrived at the site to assess the situation.
Apr 21, 2015, 23:23 PM IST
Govt to auction 69 small oil fields of ONGC, Oil India to private firms
The government will soon auction 69 small and marginal oil fields of state-owned ONGC and Oil India to private firms as a precursor to a full fledged licensing round, Oil Secretary Saurabh Chandra said on Tuesday.
Apr 21, 2015, 15:22 PM IST
15 days required to bring gas well fire under control: ONGC
Fire at the ONGC's gas well near Olpad town continued for the third day Monday and the top officials of the oil and gas company said it would take at least a fortnight to douse the raging blaze.
Apr 20, 2015, 22:57 PM IST
Pradhan wants ONGC to ramp up output
Petroleum Minister Dharmendra Pradhan Thursday asked state-owned Oil and Natural Gas Corp (ONGC) to step up crude output from its fields in Assam to help reduce India's import dependence.
Apr 16, 2015, 22:52 PM IST
ONGC's stake buy in Mozambique saw seller reap $1.5 bn profit
State-owned Oil and Natural Gas Corp's (ONGC) acquisition of 10 percent stake in a giant Mozambique gas field had helped the seller make a neat profit of USD 1.5 billion or over 62 percent of the purchase price.
Apr 12, 2015, 13:12 PM IST
After dipping for 7 years, ONGC oil production inches upwards
State-owned Oil and Natural Gas Corporation (ONGC) has reversed a seven-year decline in its crude oil production, showing a marginal increase in output in 2014-15, a top official said.
Apr 08, 2015, 12:30 PM IST
ONGC says natural gas output to jump 81% by 2019
State-owned Oil and Natural Gas Corp (ONGC) Wednesday said its natural gas output will jump 81 percent to 116 million standard cubic meters per day by 2019 after it bring newer fields in western and eastern offshore into production.
Jan 28, 2015, 18:45 PM IST
ONGC agrees to Cairn being given Rajasthan block extension
In a surprise turn of events, state-owned Oil and Natural Gas Corp (ONGC) has without any condition agreed to its partner Cairn India retaining the prolific Rajasthan oil block beyond the contractual deadline of 2020.
Jan 26, 2015, 19:05 PM IST
ONGC signs pact with IITs to develop indigenous technology
India's largest oil producer ONGC has signed an agreement with seven IITs for developing indigenous technologies to enhance exploration and production of hydrocarbons and alternate energy sources.
Jan 20, 2015, 19:08 PM IST
Gujarat HC ruling gives Rs 1,000 cr VAT relief to ONGC
A division bench of Justices Akil Kureshi and V M Pancholi passed the order.
Dec 18, 2014, 23:32 PM IST
ONGC awards 100 mn euro contract to French firm Technip
State-owned Oil and Natural Gas Corp (ONGC) has awarded a Euro 100 million contract to French firm Technip to build an oil and gas terminal at Odalarevu in Andhra Pradesh.
Dec 17, 2014, 22:48 PM IST
ONGC Videsh wins oil block in New Zealand
ONGC Videsh Ltd, the overseas investment arm of India's biggest energy explorer, has won an offshore oil and gas block in New Zealand, the first domestic firm in this sector to have made it in that country.
Dec 09, 2014, 19:14 PM IST
No exemption to ONGC from fuel subsidy payout: Pradhan
The government is not considering exempting state-owned Oil and Natural Gas Corp (ONGC) from payment of fuel subsidy, Oil Minister Dharmendra Pradhan said Wednesday.
Dec 03, 2014, 21:36 PM IST
ONGC finalises gas sales at $10.10-11.20: Pradhan
State-owned Oil and Natural Gas Corp (ONGC) has finalised sale of gas from its marginal fields at a price of USD 10.10-11.20 a unit, Oil Minister Dharmendra Pradhan said Wednesday.
Nov 26, 2014, 17:47 PM IST
Panel probing delay in ONGC KG basin gas find: Pradhan
A panel headed by oil regulator DGH will by December 24 submit its report on the reasons for delay in developing gas discoveries in ONGC's Krishna Godavari basin KG-D5 block, Oil Minister Dharmendra Pradhan said.
Nov 25, 2014, 19:15 PM IST
OVL profit rises 9.6% to Rs 2,068 cr in Apr-Sept
ONGC Videsh Ltd, the overseas investment arm of state-owned Oil and Natural Gas Corp (ONGC), Wednesday reported a 9.6 percent rise net profit on the back of surge in oil and gas output.
Nov 12, 2014, 21:10 PM IST
Govt plans $2.8 bn ONGC stake sale by early Dec: Sources
The government is planning to sell a 5 percent stake in state-run energy explorer Oil and Natural Gas Corpin the last week of November or the first week of December, two sources directly involved in the deal said on Wednesday.
Nov 05, 2014, 17:56 PM IST
Russia offers India stakes in Siberian oilfields: Sources
Rosneft has offered stakes in its two east Siberian oilfields to Oil and Natural Gas Corp, two Indian sources with direct knowledge of the matter said, as the sanctions-hit Russian company looks beyond Western firms to develop its vast resources.
Oct 08, 2014, 21:34 PM IST
