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ONGC gets one-year extension for Vietnam block

Last Updated: Thursday, August 27, 2015, 16:03

State-owned Oil and Natural Gas Corp (ONGC) today said it has received a one-year extension to explore in a Vietnam oil block in the contested waters of the South China Sea.

OVL seeks exploration licence extension for Vietnam oil block

Last Updated: Tuesday, August 25, 2015, 17:59

OVL has applied to the Vietnamese authorities for a third extension of the exploration licence for Block 128 to maintain India's strategic interest in the South China Sea, a company official said.

Mahawar takes over as ONGC director

Last Updated: Saturday, August 1, 2015, 19:05

Ved Prakash Mahawar on Saturday took over as Director (Onshore) of state-owned Oil and Natural Gas Corp (ONGC).

Talks with Kuwait's PIC remain inconclusive: ONGC

Last Updated: Thursday, July 30, 2015, 17:05

State-owned Oil and Natural Gas Corp on Thursday said the talks to sell stake in long-delayed mega petrochemical plant at Dahej in Gujarat to Kuwait's Petrochemical Industries Company (PIC) remain inconclusive.

ONGC to invest $8.8 bn in KG oil and gas finds

Last Updated: Sunday, July 26, 2015, 12:27

ONGC has divided 12 oil and gas finds in the block KG-DWN-98/2 or KG-D5 and gas discovery in an adjacent G-4 block the Bay of Bengal into three clusters to quickly bring them to production.

Oil Min reinstates Shashi Shankar as ONGC Director

Last Updated: Thursday, July 16, 2015, 15:17

The Oil Ministry has reinstated Shashi Shankar as Director (Technology and Field Services) of Oil and Natural Gas Corp (ONGC) pending an inquiry into alleged irregularities in an unawarded Rs 23 crore tender of 2011.

OVL not to exit Vietnam block despite poor prospectivity

Last Updated: Sunday, July 12, 2015, 12:26

OVL has decided to seek a third extension of exploration licence for Block 128 to maintain India's strategic interest in the South China Sea, a top official said.

ONGC to invest Rs 41,678 crore on new fields

Last Updated: Sunday, June 7, 2015, 13:34

The company, which produced 25.94 million tonnes of crude oil and 23.52 billion cubic meters of gas in 2014-15, is boosting investment to reverse the declining trend in output at bulk of its old and ageing fields.

India eyes listing of ONGC's overseas investment arm: Source

Last Updated: Thursday, May 28, 2015, 17:57

The government wants to list ONGC Videsh, the overseas arm of top oil explorer Oil and Natural Gas Corp , a company executive said.

ONGC plans to invest Rs 40,000 cr in KG oil, gas finds

Last Updated: Thursday, April 2, 2015, 18:59

ONGC is using cluster approach to bring oil and gas finds.

ONGC lost focus in past years: Sarraf

Last Updated: Friday, March 27, 2015, 20:21

"At some places, we got de-focused. Exploration and production (of oil and gas) is our main stay. We need to stay in E&P," he said at the Urja Sangam Conference here.

Govt may exempt ONGC, OIL from payment of fuel subsidy in Q4

Last Updated: Friday, March 27, 2015, 15:04

The government regulates price of cooking fuels -- LPG and kerosene -- to shield the poor.