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New Delhi: Shares of oil exploration and production companies were in the news on Thursday, with Oil India rising over 7 per cent amid hopes of greater focus on domestic exploration and production (E&P).Oil India shares jumped 7.55 per cent on BSE while Hindustan Oil Exploration Company shares...

New Delhi, State-run Petroleum and Natural Gas Corporation (ONGC) will invest around Rs 2 lakh crore in setting up renewable energy sites and green hydrogen plants and reduce gas flaring to zero to achieve its net emissions target zero carbon by 2038.The company, which produces about...

Jammu, ONGC set up two 100-bed hospitals at the twin Amarnath base camps in Kashmir and announced that the facilities would continue to function after the annual yatra.The 52-day pilgrimage began from the twin tracks - the 48-km traditional Nunwan-Pahalgam route at Anantnag and the shorter but...

New Delhi [India], Oil and Natural Gas Corporation (ONGC) has partnered with the Department of Health and Medical Education, Government of Jammu and Kashmir to improve healthcare infrastructure in the Union Territory.As part of its Corporate Social Responsibility (CSR) initiative, ONGC has...

New Delhi: After spending nearly $1.2 billion and seven years of little success, state-owned Oil and Natural Gas Corporation (ONGC) is looking for partners to rescue the Deen Dayal gas field in the KG basin in the Bay of Bengal. .On June 12, ONGC sought expressions of interest from "global oil...

New Delhi [India], State Oil and Natural Gas Corporation (ONGC) and Indian Oil Corporation Limited (IOCL) have formalized a partnership to establish a state-of-the-art small-scale liquefied natural gas (LNG) plant. near Hatta gas field in Vindhyan basin, Madhya Pradesh.The Hatta LNG plant is...

New Delhi, the State Petroleum and Natural Gas Corporation and the Indian Petroleum Corporation have signed an agreement to set up a small-scale liquefied natural gas plant near the Hatta gas field in Madhya Pradesh.The memorandum of understanding (MoU) was signed on June 17, the Oil and...

Agartala: Two people, including an ONGC employee, have been arrested from West Tripura district for their alleged involvement in a fuel theft case. Police gave this information on Sunday.He said the arrested persons – a “stock holder” of ONGC fuel station, Badarghat and a driver recruited...

New Delhi: Oil and Natural Gas Corporation (ONGC) will not give any equity stake to any foreign company in its key Mumbai High oil and gas fields and will only seek help from global giants like BP Plc to help arrest declining production from the field. Has been. A top government official said...

New Delhi: State-owned Oil and Natural Gas Corporation (ONGC) is looking for foreign partners to reverse declining production at its key Mumbai High fields, which will offer a share of the revenue from incremental production and a fixed fee. , but no equity stake.According to the tender...

New Delhi: State-owned Oil and Natural Gas Corporation (ONGC) is seeking help from an internationally proven technical services provider to increase oil and gas production from its key but old and maturing Mumbai field in the Arabian Sea.ONGC said in a post on Twitter that the company has...

Mumbai (Maharashtra) [India], Oil and Natural Gas Corporation (ONGC) announced the engagement of a globally proven technical service provider to enhance production from Mumbai High, the company said in a social media post on Friday.ONGC said it "is keen to engage an internationally proven...

NEW DELHI: India's top oil and gas producer ONGC has reduced helicopter flights to its mid-sea installations on both the east and west coasts for three months to avoid a repeat of deadly accidents during the monsoon, The company's otherwise impeccable record has suffered. Said.Oil and Natural...

New Delhi: State-owned oil and gas companies including Indian Oil, ONGC and GAI (India) Ltd were fined for the fourth consecutive quarter for failing to meet the listing requirements of having the required number of directors on their boards. Is.Stock exchanges imposed a cumulative penalty of...

New Delhi: State-owned Oil and Natural Gas Corporation (ONGC)'s March quarter net profit surged 19 times from the year-ago period due to a one-time exception provision, while it reported record earnings for the full financial year.According to a company statement, the company's standalone net...

New Delhi [India], ONGC has declared highest ever standalone net profit of Rs 40,526 crore in FY24, the company informed the exchanges in a filing. The company's consolidated net profit is also the highest in FY24 at Rs 57,101 crore. The company's crude oil production has increased by 2.4 per...

New Delhi: The government on Wednesday said public sector companies - COA India, NMDC and ONGC Videsh Ltd (OVL) will start exploring for critical mineral assets abroad.ONGC Videsh Limited (OVL) is the foreign investment arm of the state-owned oil and natural gas corporation.These PSUs...

Upstream oil exploration and production companies ONGC and Oil India Ltd will benefit as they will have to pay lower taxes on their crude oil.Windfall tax cuts have been announced in view of the fall in crude oil prices in the market, which means that upstream oil companies are no longer...

Upstream oil exploration and production companies ONGC and Oil India Ltd may incur losses as they will not get the full benefit of the rising international price of their crude. However, on the other hand the government will get more resources to finance its social welfare schemes for the poor...