DGH refuses commerciality of ONGC's deepest gas find
ONGC is in the process of appointing a consultant who will assist in developing the UD-1 discovery.
Oct 02, 2017, 12:54 PM IST
Shashi Shanker takes over as ONGC Chairman
During his tenure, ONGC has conceptualised an ambitious company-wide project called 'DISHA' for creation of a paperless office platform, the implementation of which is now underway.
Oct 01, 2017, 11:47 AM IST
Eight of 10 most valued cos lose Rs 82,653 crore in m-cap
ITC's valuation slumped Rs 12,094.05 crore to Rs 3,14,642.67 crore and that of State Bank of India (SBI) tanked Rs 7,035.12 crore to Rs 2,19,038.28 crore.
Oct 01, 2017, 11:09 AM IST
Govt raises natural gas price by 16.5% to $2.89 mmBtu
The government also hiked the cap price based on alternate fuels for undeveloped gas finds in difficult areas like deepsea which are unviable to develop as per the existing pricing formula.
Sep 29, 2017, 20:40 PM IST
Share Bazaar Live: LPG prices may go up by 13%
This segment of Share Bazaar Live brings you shares that will remain in action. LPG prices may go up by 13% which will benefit ONGC, Oil India and Reliance. Watch full video to know more.
Sep 29, 2017, 18:58 PM IST
Step up capital spending: Finance minister to CPSEs
The meeting was about capex, and as the country is on the growth path, the companies were advised to increase capex, NLC India Chairman and Managing Director S K Acharya said after the meeting.
Sep 28, 2017, 16:04 PM IST
Govt plans to sell stake in ONGC oilfields to private firms
ONGC produces 87 percent of its 25.53 million tonnes of oil from fields given to it on nomination basis.
Sep 27, 2017, 19:18 PM IST
PM Modi invites ONGC to develop energy efficient electric stove
The prime minister said this innovation would, in one stroke, significantly impact the nation's dependence on imported fuel.
Sep 25, 2017, 23:41 PM IST
ONGC to acquire HPCL in block deal in Nov-Dec
The government's transaction advisor JM Financial and legal consultant Cyril Amarchand Mangaldas is preparing Information Memorandum (IM) on Hindustan Petroleum Corporation Ltd (HPCL) with India's largest oil and gas producer, ONGC, in the next 7-10 days.
Sep 25, 2017, 15:09 PM IST
ONGC strikes 'good' offshore oil, gas find: Sources
The Mumbai High field annually produces oil and natural gas of about 9 million to 10 million tonnes of oil equivalent.
Sep 20, 2017, 12:53 PM IST
Eight of top-10 most valued companies add Rs 62,156 crore in mcap
The m-cap of RIL, the most valued company of the country, surged Rs 17,074.13 crore to Rs 5,48,583.78 crore.
Sep 17, 2017, 13:19 PM IST
Infosys slips out of 10 most valued companies on NSE
Infosys' market valuation touched Rs 2,00,617 crore, while that of Indian Oil Corporation was marginally higher at Rs 2,00,645.9 crore at the closing on the NSE.
Aug 22, 2017, 00:24 AM IST
ONGC board approves HPCL takeover
The government last month had approved sale of its 51.11 per cent stake in oil refiner HPCL to India's largest oil producer ONGC.
Aug 22, 2017, 00:17 AM IST
ONGC eyes doubling gas production in 5-6 years
Government is targeting increase in share of gas in the energy basket from 6.5 per cent to 15 per cent in the next few years.
Aug 15, 2017, 19:25 PM IST
Govt tweaks HPCL sale terms to avoid 'open offer'
The Department of Investment and Public Asset Management (DIPAM) had on July 21 used the same formulation to invite expression of interest from investment and merchant bankers to manage the transaction.
Aug 09, 2017, 12:33 PM IST
GAIL, GSPL fight over who will transport ONGC gas
GAIL, on the other hand, has contested GITL's assertion that ONGC's S1 deep water and S1-VA fields in Bay of Bengal were ever marked as gas sources for MBBVPL.
Aug 06, 2017, 16:44 PM IST
Seven of top-10 companies add Rs 40,799 cr in mcap
Seven of the top-10 most valued Indian firms together added Rs 40,799.71 crore in market valuation last week, led by RIL that emerged as the biggest gainer
Aug 06, 2017, 13:03 PM IST
HPCL stake sale: Govt seeks bids for bankers, legal firms
Kicking off the process for sale of HPCL stake to ONGC, the government has invited bids for appointing merchant bankers and legal consultants for the Rs 28,000-crore deal.
Jul 30, 2017, 12:19 PM IST
ONGC wins Government's nod for Rs 7,738 crore GSPC stake buy
As per the requirement of the field development plan (FDP), 12 more development wells are yet to be completed, which will further bump up the project cost.
Jul 28, 2017, 14:45 PM IST
Petrol, diesel price on 21st July 2017: Check out the rates here city-wise
Under the dynamic pricing scheme, petrol and diesel prices are revised on a daily basis in sync with global crude oil prices.
Jul 21, 2017, 09:08 AM IST
