New Delhi, June 30 Sharp drop in crude Oil prices in the international market due to covid-19 had led to sharp decline in profits of state owned oil major ONGC ltd with revenue shrinking and recorded heavy losses in the
New Delhi, June 30 In one of the last reforms in the oil and gas sector, the government is set to free up pricing of all domestically produced natural gas that would help scale up local production from fields of
Tarun Kapoor, IAS, Secretary, Petroleum & Natural Gas, Govt. of India, visited Baghjan#05 blowout site on 23-06-2020 along with CMD and Functional Directors of OIL to take stock of the work progress at site. Later, Shri Kapoor also visited the
New Delhi, June 24 Giving a push to infrastructure development across sectors, the government on Wednesday approved a proposal for additional investment to be made by ONGC Videsh Ltd (OVL) in the development of an oil and gas project in
New Delhi, June 22 State-run ONGC is looking at opportunities for optimising its capital and operational expenditures as the coronavirus pandemic has impacted the progress of its projects. “The short term liquidity position was managed by raising short term borrowings
Lt. General Rana Pratap Kalita, AVSM, SM, VSM, General Officer Commanding (GOC) of the 3 Corps with other senior officials from 3 Corps, Indian Army visited Blowout Area today at Baghjan to monitor the progress of work at ground zero.
Shri Virendra Nath Datt, Director (Marketing), National Fertilizers Limited -NFL has taken over the additional charge of Chairman & Managing Director of the Company today. Shri Datt is associated with Company as Director (Marketing) since October 2018. Shri Datt has a rich
New Delhi, May 22, 2020: NTPC Ltd. and Oil and Natural Gas Corporation Limited (ONGC) have signed a Memorandum of Understanding (MoU) to set up a Joint Venture Company for Renewable Energy business. The MoU will enable both companies to
Oil and Natural Gas Corporation Limited (ONGC) and NTPC ltd are planning to set up a Joint Venture Company for Renewable Energy business. The two Maharatnas entered into a Memorandum of Understanding (MoU) on 21 May 2020 in Delhi to
Oil and Natural Gas Corporation Limited (ONGC) placed Notice of Award (NoA) for seven successful bidders in 13 contract areas comprising of 49 marginal oil and gas fields. The bid process for seeking partners for enhancement of production from 64
New Delhi, April 9 State-owned oil marketing companies (OMCs) including Indian Oil, BPCL, HPCL may see significant erosion in the earnings during the January-March quarter of FY20 even though low crude and product prices jacked up their margins on the
New Delhi, April 04 The outbreak of COVID-19 pandemic in India and the across the world is a matter of great concern for the entire human race. While the entire nation is fighting against the spread of this fatal Corona virus
The outbreak of COVID-19 pandemic in India and the across the world is a matter of great concern for the entire human race. While the entire nation is fighting against the spread of this fatal Corona virus by staying at
Mumbai, Feb 14 Diversified energy major ONGC on Friday reported a decline of 49.8 per cent in its standalone net profit for the quarter ended December 31, 2019. According to the company, the standalone Q3 net profit fell to Rs
ONGC has been declared as the Winner of ‘Golden Peacock Award for Risk Management’ for 2019, by the Awards Jury of Institute of Directors (IOD), India. The award shall be presented to ONGC in the presence of business & industry leaders
Two ONGC sportspersons Kirpal Singh and Suresh Kumar, have won Gold medals for India in the South Asian Games underway in Kathmandu (Nepal). Kirpal Singh created history in Discus Throw with a new SAF Meet record en-route winning the Gold
The 3rd ONGC Para Games 2019 was inaugurated by Minister of State, Cooperation, Sports, Youth and Cultural Activities (Independent Charge) Transport (State Minister), Government of Gujarat Mr Ishwarsinh Patel on 3 December 2019 at Sports Authority of India Centre, Gandhinagar.
Energy major Oil and Natural Gas Corporation Limited (ONGC) received the Federation of Indian Petroleum Industries (FIPI) Oil & Gas Exploration Company of the Year 2019 Award on 2 December 2019. The Energy Maharatna was conferred the coveted award for
Oil and Natural Gas Corporation Ltd. (ONGC) has priced its maiden offering of USD bonds in the aggregate principal amount of USD 300 million for meeting capital expenditure in accordance with the External Commercial Borrowing guidelines issued by the Reserve Bank
Mumbai, Nov 15 Diversified energy major ONGC on Thursday reported a decline of 24.2 per cent in its standalone net profit for the quarter ended September 30. According to the company, the standalone Q2 net profit fell to Rs 6,263
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