China to oppose India-Vietnam oil deal 'within its waters'
China on Tuesday made it clear that it will "not support" the India-Vietnam agreement to enable ONGC to explore two more oil wells if they fall within the waters of the disputed South China Sea administered by it.
Sep 16, 2014, 15:31 PM IST
Govt sacks all five independent directors of MRPL
With this, the board has lost its power to pass accounts, or take any large investment decisions.
Sep 15, 2014, 15:51 PM IST
ONGC, Coal India, NHPC fall on nod for share sale
Meanwhile, in the stock market the benchmark Sensex settled at 26,995.87, down 61.54 points.
Sep 11, 2014, 18:16 PM IST
Govt clears stake sale in CIL, ONGC, NHPC; may get Rs 43k cr
The government has missed its disinvestment target for five consecutive financial years.
Sep 10, 2014, 20:26 PM IST
Govt clears 11.36% stake sale in NHPC, may get Rs 2,800 cr
In the current fiscal, the government plans to mop up Rs 43,425 crore from selling its stakes in PSUs.
Sep 10, 2014, 20:21 PM IST
Govt clears 5% stake sale in ONGC, may garner Rs 18K cr
The government had last sold 5 percent stake in ONGC in 2012 for Rs 14,000 crore.
Sep 10, 2014, 20:18 PM IST
CCEA clears disinvestment proposals of ONGC, Coal India, NHPC
The government holds a 89.65 percent stake in CIL.
Sep 10, 2014, 18:59 PM IST
ONGC KG-D5 fields to yield 20 mn cubic metres gas daily
ONGC chairman D K Sarraf told reporters here that the organisation was quite bullish that the KG-DWN-98/2 block should start production by mid-2018.
Sep 09, 2014, 15:38 PM IST
RIL, ONGC, BPCL bag top honours at PetroFed Oil & Gas awards
Reliance Industries, ONGC and Bharat Petroleum Corp (BPCL) walked away with the top honours at the annual PetroFed Oil & Gas Industry Awards here on Monday.
Sep 08, 2014, 19:14 PM IST
L&T bags orders worth Rs 1,920 cr in hydrocarbon business
The company secured an offshore contract worth Rs 1,340 crore from Oil and Natural Gas Corporation.
Sep 08, 2014, 12:51 PM IST
ONGC chief DK Sarraf says no plans to list overseas arm, JVs
Reversing the plans of the previous management, the new brass at the oil and gas producer ONGC has ruled out taking any of its five JVs, especially its power venture in Tripura and petrochemical venture OPAL, and also its sole subsidiary ONGC Videsh, public or exiting them.
Sep 07, 2014, 17:23 PM IST
HPL shutdown paves way for other petro majors to tap east
The shutdown of Haldia Petrochemicals Ltd (HPL) has paved the way for other giants in the sector to tap polymer market in the eastern region held by the region's petro major.
Sep 06, 2014, 16:55 PM IST
ONGC-RIL gas dispute: HC intervention sought
An activist lawyer and a former bureaucrat Wednesday moved the Delhi High Court seeking its intervention in ONGC's petition accusing Reliance Industries Ltd (RIL) of exploiting gas worth Rs 30,000 crore from the PSU's natural gas block in Krishna-Godavri basin.
Sep 03, 2014, 22:33 PM IST
ONGC says needs $6-7.15 gas price to break-even
Pitching for a higher remunerative price for natural gas, state-owned Oil and Natural Gas Corp (ONGC) has said it needs USD 6-7.15 to break-even on gas it plans to produce from its most prolific KG basin block.
Sep 02, 2014, 14:41 PM IST
Splitting subsidy with oil producers credit positive: Moody's
Global rating agency Moody's Investors Service said Monday that the oil ministry's plan to divide fuel subsidies equally between the government and the two state-owned upstream oil and gas producers namely ONGC and Oil India, is credit positive for both companies.
Sep 01, 2014, 22:14 PM IST
After IOC, govt to sack ind directors of ONGC, HPCL, MRPL
After sacking four independent directors of IOC, the Narendra Modi-government is now seeking to remove nine similar Congress-appointees from the board of ONGC, HPCL and MRPL.
Aug 31, 2014, 11:03 AM 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
Narendra Kumar Verma takes over as Managing Director of OVL
Narendra Kumar Verma has taken over as the Managing Director of ONGC Videsh Ltd, the overseas investment arm of state-run explorer Oil and Natural Gas Corp (ONGC).
Aug 27, 2014, 19:40 PM IST
Citi, HSBC, UBS among 5 bankers to manage ONGC share sale
The government had last sold 5 percent stake in ONGC in 2012 for Rs 14,000 crore.
Aug 26, 2014, 15:53 PM IST
