Ongc | The Asian Age

Monday, Apr 29, 2024 | Last Update : 02:18 AM IST

ongc Page-5

The country has the capacity to turn 247.6 million tonnes crude oil into fuel annually. (File Photo)

India plans 77 per cent rise in refining capacity by 2030: Govt

India imports 80 per cent of its energy requirements and is planning ahead to cater to the rise in demand.

08 Feb 2018 2:41 PM

Moody's expects that the company will not be asked to share fuel subsidies as long as the oil prices stay below USD 60-65 per barrel.

Moody's affirms ONGC's stable ratings following HPCL buy

Moody's Investors Service, affirmed ONGC 'Baa1' local and foreign currency issuer ratings.

31 Jan 2018 11:11 AM

Sharp increase in international crude price, oil marketing companies may be required to bear a part of the under-recoveries. (Photo: PTI)

Govt may ask oil cos to share LPG, kerosene subsidy burden: India Ratings

Govt may ask upstream firms like ONGC to bear a part of the kerosene and LPG subsidies.

25 Jan 2018 4:12 PM

Govt entered into an agreement with ONGC for strategic sale of its equity share-holding in HPCL.

ONGC borrows Rs 4,000 crore from ICICI Bank

Company's board has approved raising of the borrowing limit from Rs 25,000 crores to Rs 35,000 crores.

25 Jan 2018 10:33 AM

EOSIL is expecting to increase its revenues by a further 20 per cent in 2018-19.

Essar Oilfields bags Rs 32 cr order from ONGC

Essar Oilfields Services India Ltd is close to posting a revenue of Rs 300 crore in current fiscal.

24 Jan 2018 3:30 PM

ONGC holds 13.77 per cent stake in nation's biggest refiner Indian Oil Corp (IOC), which at today's trading price is worth over Rs 26,200 crore.

ONGC gets govt nod to sell stake in IOC, GAIL to fund HPCL buy

ONGC is funding the Rs 36,915 cr acquisition of govt's 51.11 pc stake in oil refining and marketing firm HPCL.

23 Jan 2018 2:23 PM

Oil Minister Dharmendra Pradhan. (Photo: PTI)

Pradhan justifies exempting ONGC from open offer for HPCL

HPCL will continue to remain a central public sector enterprise by virtue of govt holding majority stake in ONGC.

23 Jan 2018 10:14 AM

Shares of ONGC opened on a bullish note at Rs 199, then surged 6.40 per cent to an early high of Rs 206 on BSE.

ONGC stock jumps 6 pc on 51.11 pc stake acquisition in HPCL

ONGC will pay Rs 473.97 per share for 77.8 crore shares of government in HPCL.

22 Jan 2018 11:24 AM

ONGC's share had closed at Rs 193.60 on BSE on Friday, down 0.23 per cent over its previous close.

ONGC to acquire govt stake in HPCL for Rs 36,915 crore

ONGC will pay govtRs 473.97 per share, a premium of over 10 per cent of 60-days weighted average of HPCL's scrip.

20 Jan 2018 5:22 PM

His family hopes that he is alive, said a family friend. Babu’s wife Shyni is a diabetologist, his daughter Vipisha is a Class 12 science student, and his son Sushant is studying in Class 3.

ONGC’s bindu lal Babu still untraceable

Babu’s younger brother blood sample were taken. He had gone to Cooper hospital for a DNA test.

16 Jan 2018 6:19 AM

Body parts of helicopter crew found

Coast Guard Dornier aircraft from Daman also continued to scan the area to search aircraft debris and human remains.

16 Jan 2018 6:11 AM

ONGC manager Pankaj Garg’s body cremated

Garg’s daughter Rashi was not informed about her father’s death until his body was brought home in the evening.

15 Jan 2018 2:21 AM

During the Search and Rescue (SAR) Operations on January 14, 2018 the VDR of the chopper has been recovered. Search operation is on for the remaining debris of the production chopper VT PWA. (Photo: ANI)

ONGC chopper crash: 6 bodies found, high level probe to determine reason

Bodies of ONGC officials P N Srinivasan, R Saravanan, Jose Antony, Pankaj Garg and one of the pilots Capt R Ohatkar, have been identified.

14 Jan 2018 9:23 PM

Officials said that they are still trying to reconstruct the last moments before the mishap occurred. (Representational image)

5 dead as copter with ONGC officials crashes off city coast

Officials said that helicopters are often used to ferry the company’s employees for routine inspections to as far as 160 kms offshore.

14 Jan 2018 4:34 AM

The helicopter was supposed to land at Bombay High at 11 am and communication was normal until ONGC’s check point “Papa,” but was lost immediately after it was 15 minutes in air and 30 nautical miles off shore. (Photo: ANI | Twitter)

Top officers of ONGC among 5 killed in copter crash

The helicopter lost contact with the air traffic control shortly after it took off from the Juhu Aerodrome at 10.20 am.

14 Jan 2018 1:57 AM

The Navy said it had deployed its stealth frigate INS Teg for the search operation while surveillance aircraft P8i is also being press into service. (Photo: ANI | Twitter)

2 among 5 ONGC officers killed in chopper crash off Mumbai coast

The chopper, Dauphin N3, bearing registration number VT-PWA, took off from Juhu at 10.25 am, with 5 ONGC employees and 2 pilots on board.

13 Jan 2018 9:34 PM

The chopper, Dauphin N3, bearing registration number VT-PWA, took off from Juhu aerodrome at 10:25 am, with five ONGC employees and two pilots on board. (Representational Image)

Mumbai: 4 bodies recovered after chopper carrying 7 onboard crashes

The helicopter lost contact with Air Traffic Control (ATC) 30 nautical miles off Mumbai.

13 Jan 2018 1:43 PM

China claims almost all of the South China Sea while Vietnam, the Philippines, Malaysia, Brunei and Taiwan have counter claims. (Photo: Representational Image)

China objects Vietnam’s invitation to India to invest in South China Sea

China has been opposing India's Oil and Natural Gas Corporation exploring oil in wells claimed by Vietnam in the South China Sea for years.

11 Jan 2018 8:02 PM

ONGC has appointed CitiGroup and SBI Caps as its transaction advisors.

ONGC seeks access to data room to fix HPCL acquisition price

HPCL already has a data room and will give access to the same to ONGC if the seller (government) so desires.

12 Dec 2017 2:43 PM

Oil Ministry has identified 15 producing oil and gas fields of ONGC and Oil India Ltd for handing over to private firms on the premise of raising output.

ONGC officers seek PM intervention to stall Oil Ministry's move

ONGC is investing heavily in new technology and processes to improve recovery from the ageing fields.

27 Nov 2017 3:20 PM

5 of 8

Columns

Sanjaya Baru