Oil and Natural Gas Corporation

Oil and Natural Gas Corporation News

Profit at Rs 8,262.70 crore, ONGC Q3 net rises 65 per cent

ONGC’s realisation from crude oil from its nominated fields increased 13.6 per cent per barrel in dollar terms and 26.5 per cent in rupee terms during the December 2018 quarter compared to the year-ago period.

To reach stake sales target, FinMin lines up PSUs for disinvestment

The finance ministry plans to raise funds through the exchange traded funds for central public sector enterprises.


ONGC claims RIL took its natural gas; Delhi HC seeks Centre’s reply

The court has issued notice to the petroleum and natural gas ministry and the directorate general of hydrocarbons along with RIL to respond to the plea.

DK Sarraf takes charge as ONGC chairman

At ONGC, Sarraf functioned as director-finance, before taking charge at OVL in 2011.

ONGC to to explore shale gas in Cambay

ONGC estimates India’s shale gas reserve in the range of 500 to 2,000 trillion cubic meters.

India's ONGC shuts down South Sudan oilfields,evacuates employees

India today evacuated all its oil employees from strife-torn South Sudan and shut down oilfields.


HC asks ONGC to pay royalty dues worth R6,000 cr to Gujarat

According to the Oil Field Act,ONGC is required to pay 20 per cent royalty of the market value of crude oil it extracts from oil blocks to the state government.

Subsidy burden becoming backbreaking,says ONGC

ONGC's subsidy during first half of the current fiscal had been to the tune of Rs 23,400 crore.

Pipeline leak leads to oil spill

ONGC officials said the magnitude of the leak was yet to be assessed.

Rupture in ONGC pipeline; oil spillage in Bhadbhut

An oil spill has been reported in the coastal areas of Gulf of Khambhat following a rupture in ONGC pipeline.