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Oil minister Dharmendra Pradhan on Sunday inaugurated Pradhan Mantri Ujjwala Yojana here on Sunday.

Govt to appeal arbitration ruling on Reliance, ONGC dispute

International tribunal in favour of RIL and its international partners in a dispute over gas migration from fields...

3 Aug 2018 12:50 PM IST

Reliance Industries limited

Tribunal rejects BP's claim for legal cost against govt

Dharmendra Pradhan last week said the government will challenge the award in Delhi High Court.

12 Aug 2018 11:53 AM IST

ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

Sudan wants ONGC Videsh to withdraw arbitration over oil payment dues

At the centre of dispute is ONGC's 25 per cent stake that the company had acquired in GNOP in Sudan in 2003.

17 Aug 2018 11:02 AM IST

The government has withdrawn the preliminary information memorandum for proposed disinvestment of helicopter services provider Pawan Hans.

Pawan Hans stake sale: Govt extends deadline for initial bids

The previous deadline for expression of interest (EoI) was to end on Wednesday.

13 Sept 2018 1:20 PM IST

The victim in the meantime called up the polices emergency service number, and the message was relayed to the police station. It took the police less than an hour to arrest him, he said. (Representational image)

Delhi police busts pan-India gang, arrests 7 people

ONGC filed a complaint that anonymous persons are duping unemployed youths on the pretext of providing jobs in the...

19 Sept 2018 5:41 AM IST

Reliance Industries or RIL chairman Mukesh Ambani at an AGM in Mumbai. (Photo: PTI)

Govt to appeal against panel rejecting its USD 1.5 bn claim against...

It felt the award is a fit case for a challenge in the High Court.

16 Sept 2018 11:23 AM IST

Benchmark Sensex surged 577 points to end at 33,597 on Thursday.

Seven of top-10 companies lose Rs 89,779 crore in market valuation

Over the last week, the Sensex lost a hefty 1,249.04 points, or 3.28 per cent, to end at 36,841.60.

23 Sept 2018 12:59 PM IST

Prior to the merger, HPCL is likely to take over Mangalore Refinery and Petrochemicals (MRPL) to bring all the refining assets of ONGC under one unit.

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 IST

ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

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.

4 Aug 2017 7:11 PM IST

ONGC may buy all of the governments 51.11 per cent stake in HPCL

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...

16 Aug 2017 4:36 AM IST

Hindustan Petroleum Corp Ltd (HPCL) on Friday reported 56 per cent drop in the June quarter net profit on account of lower refining margins and inventory losses.

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.

9 Aug 2017 12:39 PM IST

Oil and Natural Gas Corporation or ONGC is a state-owned entity.

Oil Ministry intensifies monitoring of ONGC fields

Current recovery factors of ONGC and Oil India for crude oil are as low as 27 per cent and 23 per cent.

16 July 2017 11:24 AM IST