ONGC
ONGC may invest up to $20bn for overseas assets
15 Mar 2010
Domestic O&G major, ONGC, is likely to make huge investments in exploration and drilling businesses, indicating it was prepared to invest up to $20 billion in acquisition of O&G assets abroad.
ONGC, GAIL, GSPC JV OPaL to go on stream in 2012
15 Mar 2010
ONGC to fund acquisitions with borrowings of $10 billion
08 Mar 2010
In a bid to compensate for declining output in domestic fields, state-owned ONGC may borrow up to $10 billion over the next decade to purchase overseas assets.
Repsol-ONGC consortium secures big oilfield in Venezuela
11 Feb 2010
ONGC shares received a big boost in early morning trades as news filtered through that the Repsol-led consortium of which it is a part had secured a big oil block in Venezuela.
ONGC to partner Hungary's MOL in oil exploration
03 Feb 2010
Former ONGC chief, Subir Raha, passes away
01 Feb 2010
A poster boy for government-run organisations not so many years back, Subir Raha, former chairman of government-run Oil and Natural Gas Corp (ONGC), died of cancer today.
India set for heavy investments in Nigeria’s energy sector
27 Jan 2010
India will invest atleast $360 million in developing two oil blocks in Nigeria, apart from across the spectrum investments it would like to make in the country’s energy sector.
ONGC, OVL pitted against Chinese soverign funds for foreign acquisitions
25 Jan 2010
China's large state owned enterprises, backed by the money power of the Chinese sovereign wealth funds have been making huge global investments and acquisitions in the energy and minerals sector, reports Ravi Kunder
TIAA-CREF divests stake in ONGC, Asian energy firms for ties with Sudan
07 Jan 2010
New York-based fund house, TIAA-CREF has become the first large US fund complex to divest stakes in a group of Asian energy companies over human rights concerns in Sudan
ONGC strikes gas in Tripura
29 Dec 2009
Oil and Natural Gas Corporation Limited has struck a new gas well at Sundaribari in South Tripura district, about 125 km from Agartala.
ONGC, OIL decry ‘ad hoc, opaque’ subsidy regime
14 Dec 2009
ONGC to raise $1 billion to refinance Imperial Energy deal
11 Dec 2009
ONGC plans to raise $200 million through foreign currency loans and $800 million through bonds and commercial paper
OVL to set up refinery in Nigeria; may bag two offshore blocks
08 Dec 2009
ONGC Videsh has proposed to set up a greenfield refinery in Nigeria as part of an overall deal where Indian companies also receive oil blocks.
ONGC to raise production; eyes Iran gas
26 Nov 2009
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