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With oil prices rising, try more self-reliance

Natural gas resources, of which there is no dearth, need to be developed.

23 Nov 2017 1:40 AM

Offshore SCI vessel sinks off Mumbai coastline, all passengers rescued

The vessel was on a charter hiring, working for the Oil and Natural Gas Corporation (ONGC).

22 Nov 2017 2:15 AM

6 of top-10 most valued companies lose Rs 60,422 crore in m-cap

The m-cap of RIL dived Rs 39,328.34 crore to Rs 5,59,526.33 crore.

12 Nov 2017 11:16 AM

Govt to give 60 per cent stake in ONGC fields to pvt firms

Oil ministry has identified 11 more producing oil and gas fields of the state- run firm for handing over to private firms to raise output.

05 Nov 2017 1:14 PM

ONGC receives information memo from govt on HPCL stake sale

Cabinet had on July 19 approved sale of government's entire 51.11 per cent stake in HPCL to ONGC.

02 Nov 2017 2:53 PM

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HPCL to acquire MRPL in share-swap deal

At present, ONGC owns 71.63 per cent stake in MRPL while HPCL has 16.96 per cent.

31 Oct 2017 1:46 PM

ONGC shares gain over 4 per cent after Q2 earnings

Net profit of Rs 5,131 crore in July-September was 3.1 per cent higher than Rs 4,975 crore.

30 Oct 2017 12:51 PM

ONGC plans to raise oil output by 4 million tonne by 2020

India spend almost USD 1 trillion on crude imports from financial year 2005-06 to 2015-16.

22 Oct 2017 11:22 AM

CRZ nod to ONGC's Rs 266 crore desalination plant in Maharashtra

Proposal is to set up a seawater desalination plant with a capacity to process 20 million litres per day.

08 Oct 2017 11:39 AM

DGH refuses commerciality of ONGC's deepest gas find

ONGC is in the process of appointing a consultant who will assist in developing the UD-1 discovery.

02 Oct 2017 12:47 PM

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ONGC gets green nod for Rs 456 crore drilling project in Assam

Proposed project will help establish hydrocarbons in the block, help cut the country's oil import bill.

02 Oct 2017 10:12 AM

ONGC may sell IOC, GAIL stakes to fund HPCL acquisition

ONGC holds 13.77 per cent stake in India's biggest refiner IOC, which at market price is worth about Rs 26,600 crore.

28 Sep 2017 3:30 PM

Govt plans to sell stake in ONGC oilfields to private firms

ONGC produces 87 per cent of its 25.53 million tonnes of oil from fields given to it on nomination basis.

27 Sep 2017 8:05 PM

ONGC to acquire HPCL in bulk or block deal in Nov-Dec

Government's 51.92 crore shares could be sold to ONGC using either the bulk or block deal.

25 Sep 2017 1:57 PM

JM Financial to advise govt on HPCL stake sale to ONGC

The merchant banker will assist the government on "modalities of disinvestment and the timing.

03 Sep 2017 11:57 AM

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ONGC board approves HPCL takeover

HPCL will add 23.8 million tonnes of annual oil refining capacity to ONGC's portfolio.

22 Aug 2017 10:19 AM

ONGC to double gas production

According to Sebi’s annual report, 76 per cent of the cases taken up for investigation in FY17 pertained to market manipulation and price rigging.

16 Aug 2017 4:36 AM

Govt tweaks HPCL sale terms to avoid 'open offer'

ONGC will have to borrow about Rs 25,000 crore to fund just the purchase of government stake.

09 Aug 2017 12:39 PM

ONGC completes Rs 7.7,000 cr acquisition of GSPC

Company had also agreed to pay part consideration of USD 200 million (Rs 1,295 crore) to GSPC.

04 Aug 2017 7:11 PM

HPCL stake sale: Govt seeks bids for bankers, legal firms

Government is keen to complete the transaction within the current fiscal.

30 Jul 2017 12:49 PM

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