ONGC sees 20-30% lower capex next fiscal on crude price slump
ONGC will maintain its capex plan for this year at the same level as last year at about Rs 30,000 crore, its chairman Dinesh K Saraf has said.
Nov 24, 2015, 21:15 PM IST
About 11.12 bcm gas of ONGC shifted to RIL's KG-D6: Consultant
About 11.12 billion cubic metres of natural gas worth Rs 11,055 crore have flowed from idling Bay of Bengal blocks of the state-owned Oil and Natural Gas Corporation (ONGC) to neighbouring KG-D6 fields of Reliance Industries, US-based consultant D&M has said.
Nov 22, 2015, 12:43 PM IST
ONGC down nearly 3% as profit dips
Shares of Oil and Natural Gas Corp (ONGC) today fell by nearly 3 percent as the state-run firm reported a 11 per cent drop in September quarter net profit.
Nov 09, 2015, 12:54 PM IST
ONGC profit dips 11% on sharp fall in oil prices
Net profit in the July-September quarter at Rs 4,842.02 crore.
Nov 06, 2015, 18:35 PM IST
Pawan Hans crash: Chances of pilots' survival bleak
Navy and Coast Guard today continued their search and rescue operation for the missing Pawan Hans chopper.
Nov 05, 2015, 21:29 PM IST
Indian Oil Corp eyes 5-10% stake in Russia's Vankor oilfield
Hot on the heels of OVL's USD 1.27 billion deal to buy stake in Vankor oilfield of Russia, state- owned Indian Oil Corp (IOC) has expressed interest in taking 5-10 per cent stake in the Rosneft-operated field.
Nov 01, 2015, 14:55 PM IST
RIL regains top slot in Platts global ranking, elbows out ONGC
The company improved its overall ranking to 14 from 22 in 2014.
Oct 28, 2015, 16:51 PM IST
ONGC to intensify exploration activities, secures more rigs
Oil and Natural Gas Corporation (ONGC) is expected to increase its upstream capital expenditure by 10 per cent next year and intensify its exploration activities, taking advantage of the current depressed global energy market.
Oct 28, 2015, 08:10 AM IST
Oil & gas industry seeks slashing of cess on crude
The Association of Oil and Gas Operators, which is made up for over two-dozen members including Reliance Industries, ONGC, Cairn, BP, BG, BHP and Essar, has written to Oil Secretary, demanding ad-valorem rate of cess instead of current Rs 4,500 per tonne cess.
Oct 20, 2015, 19:48 PM IST
ONGC has no claims in KG gas row: RIL
State-owned ONGC will have no claims to make for natural gas migrating from its block to neighbouring contiguous fields of Reliance Industries in Bay of Bengal after all expenses are accounted for, the private firm said today.
Oct 16, 2015, 16:24 PM IST
Top nine cos add Rs 80,086 cr in market cap; ONGC steals show
As the benchmark BSE Sensex rose sharply by 858 points last week, nine of the top 10 most valued companies saw a combined addition of Rs 80,086.27 crore in market capitalisation, with ONGC grabbing the biggest gain.
Oct 11, 2015, 20:46 PM IST
ONGC may not get much compensation in gas dispute with RIL
State-owned ONGC may not get much compensation even if it is established that natural gas from its idlying fields in Bay of Bengal had migrated to adjoining KG-D6 block of Reliance Industries as the contract does not provide for retrospective penalty for such acts.
Oct 11, 2015, 18:34 PM IST
RIL shares down nearly 3%; top loser on Sensex
Shares of Reliance Industries Ltd fell nearly 3 percent, wiping out Rs 7,817.22 crore from its market valuation Thursday, amid reports that the probe in its dispute over natural gas with state-owned ONGC was seen turning against the company.
Oct 08, 2015, 20:13 PM IST
RIL, ONGC share gas fields: D&M
ONGC had in 2013 claimed that RIL had deliberately drilled wells close to the common boundary of the blocks and that some gas it pumped out was from its adjoining block.
Oct 08, 2015, 18:55 PM IST
MRPL plans to set up LNG Terminal at Mangalore port
Mangalore Refinery and Petrochemicals (MRPL) will explore a possibility of setting up a fixed or landbased LNG import terminal at Mangalore port.
Oct 08, 2015, 14:15 PM IST
Govt may seek special dividend from top PSUs to meet tax deficit
Companies like Coal India Ltd, NTPC, ONGC, GAIL, IOC etc may be asked to pay special dividend if government decides so.
Oct 07, 2015, 22:10 PM IST
Now, Moody's says gas price cut will impact investment
Natural gas prices in India are set by taking a volume-weighted annual average of that prevailing in the US, Britain, Canada and Russia.
Oct 05, 2015, 10:12 AM IST
ONGC swamped with offers for hiring deep sea rigs
With the sharp cut in investments by global oil majors leaving drilling rigs with no business, state-run Oil and Natural Gas Corp (ONGC) has been swamped with offers in a tender it floated for hiring five deep sea rigs for its KG-basin gas block campaign.
Sep 27, 2015, 13:15 PM IST
Oil companies seek cut in cess on crude
State-owned oil producers ONGC and Oil India as well as private sector Cairn India have asked the government to cut cess on crude oil they have to pay in view of slump in prices.
Sep 21, 2015, 14:25 PM IST
ONGC says expert report to decide its dispute with RIL
With Delhi High Court disposing its petition alleging natural gas from its KG block seeping into neighbouring fields of Reliance Industries, state-owned ONGC has said an independent expert report next month will determine if its apprehensions were right or wrong.
Sep 16, 2015, 20:10 PM IST
