ONGC

ONGC to sell stake in IOC, GAIL, but only when price is right

23 Jan 2018

The oil explorer has got government approval to sell its stake in Indian Oil Corp and GAIL to help its Rs37,000 crore acquisition of Hindustan Petroleum Corp, though the immediate funds will come from short-term borrowing

Govt to sell its HPCL stake to ONGC for Rs36,900 crore

22 Jan 2018

ONGC to borrow Rs35,000 crore to finance government’s HPCL divestment

22 Jan 2018

In the first-ever debt programme, ONGC board has approved raising of the company’s borrowing limit from Rs25,000 crore to Rs35,000 crore, chairman and managing director Shashi Shanker has said

ONGC copter with 7 aboard crashes off Mumbai coast, 4 bodies recovered

13 Jan 2018

Four bodies, including those of two senior ONGC officials, have been recovered so far, while seven, including two pilots, were on-board

ONGC arm buys 15% stake in Namibia offshore block from Tullow

21 Nov 2017

ONGC to bid for Israel offshore oil-and-gas blocks: report

05 Sep 2017

ONGC aims to double gas output over next 5-6 years

16 Aug 2017

TN oil spill: ONGC reassures locals, but fails to convince

20 Jul 2017

ONGC gets cabinet nod for acquiring 51% govt stake In HPCL

19 Jul 2017

The government is expected to rake in more than Rs29,000 crore from the stake sale, which will help it meet part of the divestment target for the fiscal

Govt asks RIL-Shell-ONGC combine to pay up $3 bn PMT arbitration award

18 Jul 2017

Venezuela offering higher oil field stake to ONGC: report

08 Jul 2017

India-Opec dialogue: Pradhan seeks shift from 'Asian premiums' to `Asian dividend'

22 May 2017

Opec should work towards `Responsible Pricing’ instead of chasing the market, he said, adding that this is important for India and other Asian countries for socio-economic and developmental reasons

ONGC to buy out GSPC's 80% stake in KG basin gas block for $1.2 billion

20 Mar 2017

ONGC to merge HPCL to create an integrated oil giant: report

27 Feb 2017

The merger is aimed at creating a company with operations in the entire spectrum of energy from exploration to refining and retail

ONGC to invest Rs7,327 cr to develop 5 fields

24 Feb 2017

The investment in the new fields is likely to yield 14.969 million tonnes of oil and 2.972 billion cubic metres of gas, ONGC says

ONGC may take over HPCL or BPCL to create integrated firm

22 Feb 2017

Government names G S Singhvi on RIL-ONGC arbitration panel

27 Dec 2016

ONGC to acquire 80% in GSPC’s KG basin gas block for $995 mn

24 Dec 2016

ONGC will pay part consideration of $200 million to GSPC towards future consideration for six discoveries other than Deen Dayal West Field in the KG basin

Ministry probing ONGC, DGH role in KG gas migration issue

11 Nov 2016

The petroleum ministry has launched a probe into the role played by officials at ONGC and the Directorate General of Hydrocarbons for their alleged inaction on information about the state-owned firm's natural gas flowing into adjoining fields of Reliance in the Krishna-Godavari basin

RIL, partners hit with $1.55 bn demand over gas migration issue

05 Nov 2016

The government has slapped a $1.55 billion demand on Reliance Industries and its partners BP and Niko for "unfairly enriching" themselves by producing natural gas belonging to state-owned Oil and Natural Gas Corp

Cabinet approves ONGC raising stake by 11% in Russia's Vankor oil field for $930 mn

05 Oct 2016

The approval comes a year after ONGC Videsh acquired a 15-per cent stake in the Vankor oil field from Rosneft, for about $1.35 billion   

RIL will have to pay for gas migrated from ONGC block: Pradhan

01 Oct 2016

ONGC seeks more clarity on subsidy-sharing formula

14 Sep 2016

ONGC in talks to acquire K-G Basin stake from GSPC

09 Sep 2016

Reliance liable to pay damages to govt in KG-D6 gas row: Shah panel

01 Sep 2016

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