ONGC

  • Sensex ends 67 points up to end at record close 05-03-2014 04:36 PM

    Mumbai: The benchmark Sensex on Wednesday extended gains by rising 67 points to end near its record close on sustained buying driven by positive global cues. Thawing of Ukraine crisis and upbeat economic data from China helped domestic markets, said traders. After gaining 263.08 points in the previous session, the...
  • 10 per cent IOC stake to be sold to ONGC, OIL 17-01-2014 08:10 AM

    New Delhi: In the first disinvestment through block deal this fiscal, a ministerial panel on Thursday approved selling 10 per cent government stake in Indian Oil Corp (IOC) to ONGC and OIL to rake in Rs 4,800-5,000 crore. With Oil Ministry continuing to be opposed to selling IOC shares on...
  • Kuwait Petroleum Corp keen to buy stake in ONGC petchem projects 14-01-2014 04:59 PM

    Kuwait Petroleum Corp has shown interest in buying 26 per cent stake in ONGC's Rs 21,396 crore petrochemical plant at Dahej, Gujarat, as well as the state-owned firm's Rs 5,750 crore chemical plant at Mangalore. "Kuwait is keen on taking a stake in the petrochemical plants of ONGC... They have...
  • India shuts down South Sudan oilfields, evacuates employees 23-12-2013 05:50 PM

    New Delhi: India on Monday evacuated all its oil employees from strife-torn South Sudan and shut down oilfields amid escalating violence in the world's youngest nation. All 11 executives working on 40,000 barrels per day Greater Nile Oil Project and Block 5A were airlifted, a top source with direct knowledge...
  • ONGC to start drilling for shale gas in Gujarat next month 25-09-2013 05:58 PM

    New Delhi: A day after government allowed state-owned firms to extract shale oil and gas, Oil and Natural Gas Corp (ONGC) Wednesday said it plans to start drilling for the unconventional hydrocarbon resource in Gujarat next month. The Cabinet Committee on Economic Affairs (CCEA) on Tuesday allowed ONGC and Oil...
  • 11 firms to join huge Brazil oil auction 20-09-2013 07:42 PM

    Rio de Janeiro: Eleven oil firms, including India's ONGC Videsh, paid more than USD 900,000 each to enter an auction next month for rights to explore Brazil's huge deepwater Libra field, authorities said. International giants such as Britain's BP and BG Group, as well as American firm ExxonMobil chose to...
  • Mohammedan Sporting create history, win Durand Cup after 73 years 20-09-2013 12:24 AM

    New Delhi: An assist and a brilliant goal by Tolgay Ozbey helped Mohammedan Sporting end a 73-year wait for their second Durand Cup title when they beat ONGC 2-1 at the Ambedkar Stadium on Thursday. Sporting had wrested the cup way back in 1940 by defeating Warwickshire Regiment. The Kolkata...
  • ONGC face Mohammedan Sporting in Durand final 17-09-2013 08:21 PM

    New Delhi: ONGC set-up a final clash with Mohammedan Sporting after a scrappy 1-0 win over Indian Navy in the second semi-final of the 126th Durand Cup football tournament here on Tuesday. Henry Ezeh's goal in the 53rd minute was the difference between the two teams in a match where...
  • Durand Cup: ONGC in semis; Navy, Bhawanipur draw 0-0 13-09-2013 07:26 PM

    New Delhi: Former I-League team ONGC moved into the semi-finals of the Durand Cup football with a 2-1 win over Pune FC while Indian Navy were held to a 0-0 by Bhawanipur FC here on Friday and will have to wait to know their fate. Two victories on the trot...
  • ONGC, Indian Navy win in Durand Cup 11-09-2013 07:49 PM

    New Delhi: ONGC and Indian Navy posted easy wins in their quarter-final league round matches of the 126th Durand Cup football tournament on Wednesday. While ONGC thrashed Army Red 4-1, Indian Navy got the better of Air India 2-0 at the Ambedkar Stadium. Asim Hasan (39th and 58th minute), Henry...
  • Diesel price hike the only option to reduce oil pool deficit: ONGC 03-09-2013 12:14 PM

    New Delhi: The Oil and Natural Gas Corporation (ONGC) said that a hike in diesel price is the only option to reduce the oil pool deficit as the cost of production has increased significantly. ONGC also expressed its fear that the risk of subsidy burden in Fiscal Year 2014 is...
  • JD-U demands to set up bench of Allahabad High Court in Western UP 02-09-2013 05:40 PM

    A demand was made in the Rajya Sabha to set up a bench of Allahabad High Court in Western Uttar Pradesh. Making the demand, K C Tyagi (JD-U) noted that the distance of Allahabad from some of areas of Western UP is up to 700 km and reminded the government...
  • ONGC to intensify exploration in Tripura 14-08-2013 06:00 PM

    Oil and Natural Gas Corporation's Tripura unit would intensify exploration for supplying natural gas to Rs 5000-crore Chambal Fertilisers and Chemicals Ltd in the state. "A team of Tata Consultancy Services is now preparing the feasibility report to be submitted in December this year. We are also intensifying exploration to...
  • ONGC given the task of keeping Taj Mahal clean, environment friendly 26-07-2013 10:00 AM

    New Delhi: The government is finally heeding to the clamour for the corporates to be given the task of taking care of heritage sites. The Tourism Ministry has launched a Clean India campaign from the Taj Mahal which attracts nearly 50,000 to 70,000 tourists every day. Under the Clean India...
  • Cabinet approves setting up of Coal Regulatory Authority 28-06-2013 11:20 AM

    New Delhi: Cabinet on Friday said coal price will be decided by the producers but the principles and guidelines for deciding the pricing will be laid by the newly approved Coal Regulatory Authority. Coal Regulatory Bill will now be introduced in Parliament and pending passage of the Bill, coal regulator...
  • ONGC, OIL buy 10 per cent stake in Mozambique gas field 26-06-2013 04:15 AM

    New Delhi: State-run explorers Oil and Natural Gas Corp (ONGC) and Oil India Ltd (OIL) will buy the 10 per cent stake of Videocon Industries in a Mozambique gas field for about $2.5 billion. Videocon Mozambique Rovuma 1 Ltd, a subsidiary of Videocon Mauritius Energy Ltd, holds 10 per cent...
  • Sarkar praises Dikshit for providing turbine to power plant 22-06-2013 01:37 AM

    Palatana: Delhi Chief Minister Sheila Dikshit drew praise from her Marxist counterpart of Tripura Manik Sarkar for providing a turbine lying idle in the national capital to set up the 726 mega watt power plant in Palatana. Sarkar said the Delhi government had purchased a turbine for its own gas-based...
  • RIL overtakes ONGC to become second most valued company 19-06-2013 03:24 AM

    Mumbai: Reliance Industries on Tuesday toppled state-run oil major ONGC to become the country's second most valued firm after TCS. Shares of ONGC on Tuesday fell by 1.47 per cent, bringing its market valuation down to Rs 2,63,466 crore, which was lower than RIL's m-cap of Rs 2,66,548 crore at...
  • ONGC reclaims most-valued company spot 16-05-2013 04:53 PM

    Mumbai: State-owned energy major Oil and Natural Gas Corporation (ONGC) on Thursday reclaimed the spot as the country's most-valued company, pushing IT giant TCS to the second slot. At the end of trade, ONGC commanded a market value of Rs 2,89,047 crore. This is about Rs 4,428 crore more than...
  • Oil Ministry proposal on gas prices rejected 15-05-2013 04:18 PM

    New Delhi: Oil Ministry's proposal for an across-the-board near doubling of natural gas prices has been rejected by the Cabinet Secretariat saying a ministerial panel headed by Defence Minister AK Antony did not have powers to do so. The Ministry had sent a draft proposal for the consideration of the...
  • United SC beat ONGC 3-1 in I-League 11-05-2013 07:42 PM

    Kolkata: I-League top scorer Ranty Martins struck twice as United SC drubbed ONGC 3-1 to end their campaign with a fourth place finish at the Kalyani Stadium Saturday. The Nigerian striker, who topped the scoring chart with 26 goals, converted a 29th minute spot kick and went on to pump...
  • SC dismisses plea challenging Vedanta-Cairn deal 09-05-2013 11:59 AM

    New Delhi: The Supreme Court on Thursday dismissed a plea which had challenged the validity of the Cairn-Vedanta deal and said there was nothing malafide in the transaction. The court was hearing a petition challenging the validity of the $8.5 billion Cairn-Vedanta deal and had sought a CBI probe into...
  • I-League: Mumbai FC hold ONGC to a draw 20-04-2013 07:28 PM

    New Delhi: An injury-time goal by Yusif Yakubu helped Mumbai FC hold ONGC to a 1-1 draw in an I-League match at the Ambedkar Stadium here on Saturday. Earlier, Yusa Katsumi had converted from the spot to put ONGC in the lead in the 18th minute. The match marked the...
  • ONGC aim to finish I-League on a high 19-04-2013 05:23 PM

    New Delhi: The Ambedkar Stadium stays ONGC's fortress and coach Santosh Kashyap, the bandmaster. From whipping boys to giants at home, ONGC have undergone a transformation with Kashyap waving his magic wand since taking up the reins last December. Under Kashyap, ONGC have lost only twice, against Mohun Bagan (away)...
  • Pune FC end ONGC's unbeaten home run in I-League 14-04-2013 06:20 PM

    New Delhi: Pune FC ended ONGC's fairytale run at home by edging past the latter courtesy a James Moga first half goal in the 24th round I-League clash at the Ambedkar Stadium here Sunday. This is ONGC's first loss in their own den since Santosh Kashyap took over the reins...
  • ONGC draw with Shillong Lajong FC 11 in I-League 08-04-2013 01:05 AM

    Shillong: ONGC came from behind to hold Shillong Lajong FC 11 in their 23rd I-League encounter played under floodlights at a packed J N Stadium here. Taking advantage of the home support, Lajong who is under relegation threat, took to the ground intimidating their opponent right from the first whistle...