A section of press has raised concerns over ONGC’s ability to meet its working capital requirements as well as its capital and operating expenditure. ONGC reaffirms that it has a strong financials in place to finance its projects both ongoing
New Delhi, April 22 The long-drawn slugfest between ONGC and HPCL over latter’s repeated failure to recognise the state-run explorer as its parent may upset gains from such a consolidation exercise aimed at creating an entity with a significant presence
Oil and Natural Gas Corporation Limited (ONGC) has organized the 2nd edition of the three-day ONGC Para Games 2018-19 at the Thyagraj Stadium in New Delhi. The 1st edition of the event was organized by ONGC in 2017. ONGC is
By TN Ashok New Delhi | February 14, 2019(sarkaritel.com) State owned Oil and Natural Gas Corporation (ONGC) has made a net profit of Rs 8,263 crore, in Q3 Fy 2019 , which is 64.8% higher Quarter on Quarter and 20.4% higher
Maharatna Oil and Natural Gas Corporation Limited (ONGC) is mulling a vision document “Strategic Roadmap 2040”. The document is expected to craft the company’s strategy as an integrated energy major with a long-term perspective, Mr Shashi Shanker, CMD, ONGC said
New Delhi, Jan 22 State-run explorer Oil and Natural Gas Corp’s (ONGC) Rs 4,022 crore share buyback offer for shareholders will open on January 29 and close on February 11, the company has announced. The company made this offer of
A team of experts mobilised by Oil and Natural Gas Corporation (ONGC) brought cyclone hit semi-submersible rig ‘Olinda Star’ back to normal. The rig had reported tilting at an angle in the aftermath of cyclone Pethai which hit coastal Andhra
Mumbai, Dec 21 State-owned ONGC on Thursday announced a buyback of 1.97 per cent equity shares at a price of Rs 159 per stock for a consideration not exceeding Rs 4,022 crore. The buyback decision was taken by the company’s
Mumbai, Nov 23 State-run explorer Oil and Natural Gas Corporation (ONGC) has been ordered to pay wharfage compensation to the Mumbai Port Trust (MbPT) as wharfage compensation for the transportation of crude oil through two pipelines the company had laid
Delhi, October 7, 2018 Energy Maharatna Oil and Natural Gas Corporation Limited (ONGC) has braced efforts of Petroleum Conservation Research Association (PCRA) in organizing Saksham Pedal Delhi 2018, India’s Premium Cyclothon for conserving fuel, greening the ecosystem and inspiring fitness. The event
New Delhi, Oct 4 State-run ONGC has awarded a major work package worth Rs 11,740.86 crore ($1,694.45 million) to a consortium of companies for integrated development of “KG-DWN-98/2” project located on the East Coast. According to the company, the consortium of
The Minister of Petroleum and Natural Gas and Skill Development & Entrepreneurship, Mr. Dharmendra Pradhan reiterated Prime Minister’s clarion call for clean sanitation in the ‘Swachhata Hi Seva campaign’ organized by ONGC in the National Capital at Coolie Camp today.
Dharmendra Pradhan, Minister of Petroleum & Natural Gas and Skill Development & Entrepreneurship visited the drilling installation and CPF Gandhar of Ankleshwar Asset in Gujarat. Mr. Pradhan was overjoyed to personally put the Well #DJDG on production as it spudded gas.
Continuing the exemplary performance in Asian Games 2018 at Jakarta, ONGC sportspersons clinched two more medals- one Gold and one Silver on Day 13 of Asiad. ONGC Duo M R Poovamma and Hima Das won Gold in Women’s 4×400 m
ONGC hogs the limelight at the Indian Chamber of Commerce (ICC) PSE Excellence Awards 2017 by securing three awards in ‘Operational Performance Excellence’, ‘Contribution of Women in PSEs’ and ‘Corporate Governance’ categories at a function held here today.Dr. Alka Mittal,
ONGCians continue to strike on the 11thday of ongoing Asian Games 2018 at Jakarta by clinching three Silver and one Bronze Medals today. The Bronze Medal won by A Amalraj, Harmeet Desai and G Sathiyan is the first-ever medal in
ONGCian and India’s No. 1 Seed, Ankita Raina has won the bronze medal in Women’s Singles Tennis for India at the ongoing Asian Games 2018 at Jakarta; while ONGC Scholarship Shooter 15 year old Shardul Vihan has won Silver in
After a successful campaign in Common Wealth Games, the sports persons of Oil and Natural Gas Corporation (ONGC) are eying at Asian Games to scale new heights. ONGC is proud to have one of the largest contingents of athletes at
Oil and Natural Gas Corporation Limited (ONGC) celebrated the 72nd Independence Day at all its work locations across India with patriotic zeal. Addressing the employees from Corporate Headquarters at Dehradun, ONGC CMD Mr. Shashi Shanker urged all ONGC employees to focus
State-owned Oil and Natural Gas Corp (ONGC) today reported 58 per cent jump for the June quarter net profit on realising higher prices for its produce. Its net profit of Rs 6,143.88 crore, or Rs 4.79 per share, in the
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