ONGC to invest Rs 31,000 crore for exploration
India's state-owned Oil and Natural Gas Corp (ONGC) on Thursday said it will invest ₹31,000 crore in next three years.
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India increases the locally produced natural gas prices to double its current price
The gas price from state-owned ONGC and Oil India Limited will increase from the present $ 2.90 to $ 6.10 per million British thermal units.
Govt to sell up to 1.5% of its stake in ONGC via OFS to raise Rs 3,000 crore
The government's Offer For Sale (OFS) will be open on March 30 and 31, according to a stock exchange filing by the Oil and Natural Gas Corporation (ONGC) on Tuesday.
Sanctions against Russia likely to result in losses for ONGC & BPCL: Moody’s
Oil and Natural Gas Corporation (ONGC), Oil India Ltd (OIL), Indian Oil Corporation (IOC), and Bharat Petroleum Corporation Ltd (BPCL) have all made investments in Russian upstream oil and gas assets.
ExxonMobil walks away from Sakhalin-1, ONGC and its partner to decide operations
The largest US oil and gas company is ending its 25-year presence in Russia following its invasion of Ukraine and subsequent international sanctions.
“Privatization of ONGC will not be successful,” says ONGC officer’s union
Sanctioned clearances and authorisations for ONGC need to be optimised, and procedural features rejigged to support the firm take faster decisions.
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