Oil and Natural Gas Corporation

OilMin sets up panel on delays in ONGC's gas discovery

The Petroleum Ministry has set up a committee headed by DGH to inquire into the reasons for delay in developing gas discoveries in ONGC's Krishna Godavari basin KG-D5 block.

Oct 03, 2014, 18:38 PM IST

Oil Ministry frustrated KG gas project: ONGC

As Oil Ministry looks into reasons for delay in ONGC's KG basin gas development, the state-owned firm says it lost three years because the ministry and DGH refused to approve its partnership with Norway's Statoil and Petrobras of Brazil for the block.

Sep 01, 2014, 20:29 PM IST

ONGC board approves Rs 5219 crore investment in Daman gas fields

State-owned Oil and Natural Gas Corp (ONGC) on Thursday said it will invest Rs 5,219 crore in bringing to production Daman gas fields in the Arabian sea by July 2016.

Aug 28, 2014, 22:45 PM IST

Govt defers decision on ONGC, CIL, NHPC stake sale

The government on Wednesday deferred a decision on its stake sale in three PSUs -- ONGC, Coal India and NHPC as Finance Minister Arun Jaitley was not in town.

Aug 27, 2014, 22:20 PM IST

14 merchant bankers line up for managing ONGC stake sale

As many as 14 merchant bankers, including Citigroup Global, Barclays Plc and Morgan Stanley, have made a beeline for managing the 5 percent stake sale of ONGC, which could fetch over Rs 17,000 crore to the exchequer.

Aug 20, 2014, 21:11 PM IST

ONGC completes drilling of 6 exploratory wells

ONGC has completed drilling of six exploratory wells so far, out of its target of 36 for this year, a top executive said here on Thursday.

Aug 14, 2014, 16:51 PM IST

ONGC net profit up 19% at over Rs 4,000 crore

State-owned Oil and Natural Gas Corp on Wednesday reported 19 percent rise in net profit for the April-June quarter on realising higher crude oil prices.

Aug 13, 2014, 19:36 PM IST

ONGC Q1 Net profit at Rs 4,782 cr

State-owned Oil and Natural Gas Corporation (ONGC) on Wednesday reported a rather disappointing net profit of Rs 4,782 crore for the quarter ending June compared to the Rs 4,016 crore profit it gained in the same period a year ago.

Aug 13, 2014, 18:46 PM IST

ONGC begins cement plugging operation at Bombay high rig

The process of "cement plugging" the leak of high pressure inflammable gas began Sunday, a day after it was reported at an oil rig of state-owned ONGC at Bombay High off the Mumbai coast, even as inclement weather was hampering the operation.

Jul 20, 2014, 21:01 PM IST

ONGC restores 'near normalcy' at Mumbai High

State-owned Oil and Natural Gas Corp (ONGC) has restored "near normalcy" at its prime Mumbai High oil and gas fields after a minor gas leak from a well being drilled.

Jul 20, 2014, 16:26 PM IST

ONGC to invest Rs 5,700 crore in Mumbai High North development

State-owned Oil and Natural Gas Corp (ONGC) Friday said it will invest over Rs 5,700 crore in redevelopment of its giant Mumbai High (North) oil and gas field off the west coast.

Jun 27, 2014, 19:30 PM IST

ONGC moves up in Newsweek Green ranking

State-owned Oil and Natural Gas Corp (ONGC) has moved up several notches on the prestigious The Newsweek Green Ranking, 2014.

Jun 16, 2014, 21:08 PM IST