Prime Minister Manmohan Singh’s government, which won the national election in India this month, may ease curbs on fuel pricing and restore a tax break for gas output. For full story, click here
Continue reading "ONGC: India’s new govt. may ease curbs on fuel prices"
Wednesday, May 13, 2009
Indian state-run explorer Oil and Natural Gas Corp plans to commence gas output in a field off India’s east coast by April next year. For full story, click here
Continue reading "India ONGC will commence KG Gas Output in April 2010"
Tuesday, May 12, 2009
Flagship explorer Oil and Natural Gas Corporation’s natural gas output may almost double to 100 mcmd in the next 7-8 years as it progressively brings new finds into production, even as it gears up to invest over Rs 6,000 crore this fiscal to pump up volumes from its acreages under the seas. For full story, [...]
Continue reading "New Fields will double ONGC Gas Output"
Monday, May 11, 2009
With output slipping from its ageing Mumbai High and other Western Offshore fields, state-run Oil and Natural Gas Corporation will invest Rs 6,000 crore in new and existing fields in this fiscal to increse output. For full story, click here
Continue reading "ONGC will invest Rs 6,000 crore in offshore fields"
Friday, May 8, 2009
Shares of Deep Industries were in demand after the company won an order from Oil and Natural Gas Corp for natural gas compressors. For full story, click here
Continue reading "Deep Industries surge 9% on ONGC orders"
Wednesday, May 6, 2009
Oil and Natural Gas Corp. declared that it has added a record 284 million tonnes of oil and gas reserves in the 2008-09 fiscal, the highest addition by the company in the past 18 years. ONGC Chairman and Managing Director R S Sharma stated: Such commendable exploration results in recent years have been made possible [...]
Continue reading "ONGC has added 284 mln tonne of oil and gas reserves in 2008-09"
Tuesday, April 14, 2009
State-owned Oil and Natural Gas Corporation reported that it has seen its natural gas output rising to an all-time high of 66 million cubic metres a day in 2012-13 as it brings newer fields into productions to offset decline in old ones. For full story, click here
Continue reading "ONGC gas output may surge to 66 mmcmd by 2012-13"
Monday, April 13, 2009
State-owned Oil and Natural Gas Corporation is forecasted to see its natural gas output surging to an all-time high of 66 million cubic meters per day in 2012-13 as it brings newer fields into productions to offset dip in old ones. For full story, click here
Continue reading "ONGC gas output is likely to surge in coming years"
Sunday, March 8, 2009
Gas Authority of India Ltd. or GAIL announced that it has acquired 9% equity stake in a petrochemical plant project of ONGC Petro additions Ltd. or OPaL, compared to 19% sought by the company. For full story, click here
Continue reading "GAIL acquires 9% equity stake in ONGC’s petrochemical project"
Thursday, March 5, 2009
India’s major oil and natural gas exploring giant, ONGC, has begun hunting for reinsurance companies to renew its annual insurance cover from April 1. For more details, click here
Continue reading "ONGC starts hunt operations to renew its insurance cover"
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Tuesday, May 19, 2009