While contracts for oilfields awarded since 1999 gave producers the freedom to sell oil, the government fixed buyers for crude produced from older fields, such as Mumbai High of ONGC and Ravva of Vedanta
The reserve or floor price of gas will be 14 per cent of the Dated Brent crude oil Price plus $1 per million British thermal unit, ONGC said in the tender
Anupam Agarwal has taken over as Director of Oil and Natural Gas Corporation Videsh Limited.
At 9:19 am, the 30-share BSE Sensex was trading 575 points or 1.09 per cent higher, whereas the NSE Nifty 50 index advanced 170.10 points or 1.08 per cent at...
At 9:18 am, the BSE Sensex was down 299 points or 0.55 at 54,602, whereas the Nifty 50 index plunged 99 points or 0.61 per cent at 16,256
At 9:16 am, the BSE Sensex was up 85 points or 0.15 per cent at 55,192, whereas the Nifty 50 index surged 43 points or 0.26 per cent at 16,459.
In tandem with weak equities, the market capitalisation of BSE-listed firms tumbled by Rs 2,08,291.75 crore to Rs 2,54,33,013.63 crore
At 9:19 am, the BSE Sensex was trading 531 points or 0.95 per cent lower at 55,143, whereas the Nifty 50 index was trading 153 points or 0.93 per cent lower at...
At 9:18 am, BSE Sensex dipped 72 points or 0.13 per cent at 55,696, whereas the Nifty 50 index slipped 16 points or 0.10 per cent at 16,567.
At 9:18 am, the BSE Sensex was up 162 points or 0,29 per cent at 55,729, whereas the Nifty 50 index advanced 31 points or 0.19 per cent at 16,616.
At 9:18 am, BSE Sensex was down 364 points or 0.65 per cent at 55,561, whereas the Nifty 50 index slipped 91 points or 0.55 per cent at 16,569.
In a statement, ONGC said net profit for the fiscal FY22 (April 2021 to March 2022) soared 258 per cent to Rs 40,305.74 crore from Rs 11,246.44 crore in the...
In a statement, ONGC said its board held a meeting on Thursday to firm up its 'Future Exploration Strategy'.
At 9:18 am, Sensex advanced 123 points or 0.23 per cent at 54,411, whereas Nifty 50 Index advanced 0.2 per cent at 16,247.
Pawan Hans is a 51:49 joint venture of the government and ONGC. The government had in December last year received three bids for the Pawan Hans sale.
The government approved selling its 51 per cent stake in helicopter services provider Pawan Hans Ltd (PHL) along with the transfer of management control for Rs...
PHL is a 51:49 joint venture of the government and ONGC providing helicopter and aero mobility services.
Recently, a media report quoting sources said that the company has submitted a bid to buy Pawan Hans, JSW Steel informed the stock exchanges.
The state-of-the-art 8-legged water Injection-cum-Living Quarter platform has been installed as part of the implementation of the low salinity waterflood...
India's crude oil production has been on a decline during the past few years. From 35.7 million tonnes in 2017-18, it fell to 34.2 million tonnes in the...
The government from April 1 increased the gas price paid to producers of oil and regulated fields from $2.9 per million British thermal units to $6.10, a...
Ruchi Soya recently came out with its FPO issue of Rs4,300 crore. ONGC too came out with its OFS. What do these terms mean and should you be concerned about...
According to the oil ministry's Petroleum Planning and Analysis Cell (PPAC), the price of gas produced the nation's largest gas field of Bassein of ONGC, will...
The government is selling up to 1.5 per cent of its stake in the country's top oil and gas producer ONGC at a floor price of Rs 159 per share.
The OFS by the government will be open on March 30 and 31 for retail investors, ONGC said in a stock exchange filing on Tuesday
