ONGC
ONGC gets govt nod for Rs18,365-cr investment in ONGC Petro additions Ltd
13 Aug 2024
Oil and Natural Gas Corporation (ONGC) has received approval from the ministry of petroleum and natural gas for its planned Rs18,365-crore investment in ONGC Petro-additions Limited (OpaL).
ONGC starts oil production from deep water KG basin block
09 Jan 2024
State-owned oil and natural gas explorer, Oil and Natural Gas Corporation (ONGC), on Monday (8 January) announced the start of production of "First Oil" from the deep-water block in Krishna Godavari (KG) basin, in the East Coast of India.
.jpg)
ONGC considers oil as an option to recover $600 million from the Venezuelan dividend
03 Jan 2024
ONGC Videsh, the overseas investment arm of India’s Oil and Natural Gas Corp., is actively considering alternatives, including the allocation of oil by Venezuela’s state oil company, PdVSA, to reclaim its outstanding $600 million dividend.
Alka Mittal becomes first woman CMD of ONGC
05 Jan 2022
Mittal, who has been serving as director (HR) since 27 November 2018 and the senior-most director on the board of ONGC, will serve as CMD of the energy `Maharatna’ for a period of six months beginning 1 January 2022
ONGC board approves share buyback of around Rs4,000 cr
20 Dec 2018
ONGC has approved a share buyback of 1.97 per cent of its total paid-up equity, which may fetch the government around Rs2,640 cr considering its 65.64 per cent equity stake
HPCL refuses to recognise ONGC as promoter
10 Aug 2018
Petroleum minister Dharmendra Pradhan today clarified that ONGC with 51.11-per cent stake in the refiner is the new promoter of HPCL, after the company’s CMD Mukesh Kumar Surana refused to recognise the majority shareholder as HPCL’s promoter
RIL wins arbitration against government’s $1.7-bn gas siphoning claim
01 Aug 2018
The arbitration panel held that the RIL consortium is entitled to produce all the gas from its contract area and that there is no basis for any claim of siphoning of gas as claimed by ONGC and the government of India
SABIC plans to buy ONGC’s stake in OPaL
10 May 2018
ONGC spuds first well on $5 bn KG project
09 Apr 2018
ONGC-led group buys 10% stake in Abu Dhabi oilfield for $600 mn
12 Feb 2018
The investment by ONGC follows ADNOC signing a deal last year to store about 6 million barrels of oil at India’s Mangalore storage site, signalling increased cooperation in oil sector investments by India and the UAE
Consortium led by ONGC to get 10% stake in Abu Dhabi oil field
10 Feb 2018
A consortium led by India’s Oil and Natural Gas Corp will sign a contract today to acquire a stake in the offshore oil concession of state-owned Abu Dhabi National Oil Company
Featured articles
The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
