Oil production rose to 10.1 million tonnes in 2018-19 from 9.35 million tonnes in the previous year.
24 May 2019 12:17 PM
Vedanta had walked away with 41 out of the 55 blocks offered in OALP-I last year.
17 May 2019 6:37 AM
Official sources said Vedanta, which had walked away with 41 out of the 55 blocks offered in OALP-I last year, bid for 30 areas.
16 May 2019 2:54 PM
ONGC, India's biggest oil and gas producer, last year completed acquisition of Hindustan Petroleum Corp Ltd for Rs 36,915 crore.
28 Apr 2019 2:15 PM
As far as the existing vacancies are concerned in HPCL, the director (finance) has been lying vacant after J Ramaswamy retired on February 28.
22 Apr 2019 1:33 AM
In a regulatory filing, HPCL on April 18 listed 'President of India' as its promoter with 'zero' shareholding.
21 Apr 2019 1:29 PM
ONGC produced 6.141 million tonnes of crude oil from its onshore fields despite majority of them being more than 50 years old.
14 Apr 2019 12:10 PM
The growth rate was higher than the global average of 3-4 per cent year-on-year.
01 Apr 2019 3:49 PM
DGH has asked data on its top 47 fields to monitor production and projects to raise output, an official order said.
31 Mar 2019 3:01 PM
The government will formally announce the revised prices later on Friday, the source said.
29 Mar 2019 2:43 PM
The proposal brought before the panel was to boost stagnant output from ageing fields of public sector oil companies.
14 Mar 2019 3:10 PM
IOC has called a board meeting on March 19 to consider paying a second interim dividend, ONGC has declined.
14 Mar 2019 9:01 AM
Separately, the transaction advisor has worked out a reserve price for Pawan Hans which will be submitted to the Ministry of Civil Aviation.
03 Mar 2019 12:04 PM
The arrangement will appear in the not so distant future, making a noteworthy commitment to the Center's disinvestment kitty for the year.
11 Feb 2019 12:28 PM
In late 2013, India gave rights to Oil and Natural Gas Corp Ltd to explore for shale oil and gas reserves.
11 Feb 2019 12:06 PM
Govt's plan to offer PSUs special incentives for natural gas discoveries in difficult, unviable areas will raise natural gas production.
10 Feb 2019 4:04 PM
PDVSA paid about USD 90 million of that but has not paid the rest.
05 Dec 2018 11:26 AM
A sum of Rs 173.69 cr has to be paid to MbPT by ONGC in lieu of wharfage compensation charges since 2013-14.
22 Nov 2018 2:31 PM
The company has seen almost flat growth in crude oil production in the last five years.
16 Nov 2018 5:05 PM
This is the second attempt by the oil ministry to take away some of the fields of ONGC for private and foreign companies.
12 Nov 2018 11:27 AM