ONGC

  • Railway track conversion to hit supply of essentials in northeast 2 days ago

    Agartala: The supply of foodgrains and other essentials to Tripura, Mizoram, parts of Manipur and southern Assam would be severely affected due to gauge conversion of railway lines from next week, officials said on Saturday. The railway lines would be converted from metre gauge to broad gauge. For this, the Northeast...
  • ONGC signs agreement to conserve Taj Mahal 4 days ago

    New Delhi: Cash-rich Oil and Natural Gas Corp (ONGC) on Wednesday signed an agreement to conserve the iconic Taj Mahal. As a part of its structured CSR initiatives, ONGC signed a tripartite MoU with the Archaeological Survey of India (ASI) and Ministry of Tourism to conserve the historical monuments...
  • Government mulls closing some lossmaking state firms, Air India, ONGC, BSNL on the list September 16, 2014

    New Delhi: Government officials will meet on Tuesday to discuss proposals to shut down some lossmaking stateowned companies, risking a conflict with powerful trade unions. After two decades of halting privatisations, the Central government still owns about 260 firms and thousands more at the state level, involved in activities ranging from...
  • Centre clears stake sale in bluechip companies, may get Rs 45,700 cr September 11, 2014

    The government's divestment drive is off to a flying start. The Cabinet has given the green signal to sell stake in Coal India, ONGC and NHPC. The government is set to garner over 45,700 crores through the stake sale. ...
  • Government clears stake sale in CIL, ONGC, NHPC; may get Rs 43000 crore September 10, 2014

    New Delhi: Clearing the decks for mega disinvestment drive, the government on Wednesday approved diluting its equity stake in bluechip companies Coal India, ONGC and NHPC, which is likely to fetch Rs 43,000 crore to exchequer. The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime...
  • Bullet News: Catch the day's top stories September 10, 2014

    Bullet News is CNNIBN's nonstop prime time bulletin where we bring to you the day's top stories from around the world. Be it politics, sports, entertainment or business, catch it here, only in 30 minutes. ...
  • India @ 9 with Bhupendra Chaubey September 10, 2014

    Catch the day's top stories with Bhupendra Chaubey on India @ 9. ...
  • News 360: 200 dead, 90000 rescued, lakhs still stranded in J&K floods September 10, 2014

    The Army, Indian Air Force, National Disaster Response Force and Indian Navy the heroes of rescue operations are battling the raging flood waters round the clock to save the life of people in the floodravaged Jammu and Kashmir. Not caring about their lives and families, these personnel are trying...
  • Government clears 5 pc stake sale in ONGC, may garner Rs 18,000 crore September 10, 2014

    New Delhi: Government on Wednesday cleared 5 per cent disinvestment in oil major ONGC, which may fetch the exchequer about Rs 18,000 crore. According to sources, the Cabinet Committee on Economic Affairs (CCEA), headed by Prime Minister Narendra Modi, has cleared the ONGC stake sale proposal. ...
  • ONGC begins cement plugging operation at Bombay high rig July 20, 2014

    Mumbai: The process of "cement plugging" the leak of high pressure inflammable gas began on Sunday, a day after it was reported at an oil rig of stateowned ONGC at Bombay High off the Mumbai coast, even as inclement weather was hampering the operation. "Situation is totally under control and the...
  • Mumbai Gas leak: ONGC halts drilling operations, all workers evacuated July 20, 2014

    Mumbai: 48 personnel have been evacuated after a high pressure, highly inflammable gas leak took place at a well that the stateowned ONGC was drilling at its prime Mumbai High oil and gas fields, off Mumbai coast on Saturday evening. Drilling operations have been temporarily stopped at the refinery and efforts...
  • News 360: Delhi University scraps FYUP, admissions yet to begin June 27, 2014

    Celebrations erupted as the week long impasse between Delhi University and the University Grants Commission (UGC) finally ended on Friday with the Vice Chancellor agreeing to scrap the controversial Four Year Undergraduate Programme (FYUP). ...
  • Blast at a GAIL gas pipeline in Andhra Pradesh, 14 dead June 27, 2014

    East Godavari: Fourteen people have been reportedly killed and several injured in an explosion that occurred at an 18inch pipeline of GAIL near an ONGC refinery complex in Nagaram in the East Godavari district in Andhra Pradesh. 1213 bodies have been recovered from the blast site. The death toll is...
  • ONGC moves Delhi HC against RIL over alleged gas theft May 15, 2014

    New Delhi: Stateowned oil and gas major Oil and Natural Gas Corporation (ONGC) has moved the Delhi High Court against Mukesh Ambani's Reliance Industries. The ONGC has accused the RIL of exploiting substantial gas from its natural gas block. The two companies have been involved in a faceoff for the last...
  • Sensex ends 67 points up to end at record close March 5, 2014

    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 Sensex...
  • 10 per cent IOC stake to be sold to ONGC, OIL January 17, 2014

    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 4,8005,000 crore. With Oil Ministry continuing to be opposed to selling IOC shares on stock...
  • Kuwait Petroleum Corp keen to buy stake in ONGC petchem projects January 14, 2014

    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 stateowned 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 envisaged...
  • India shuts down South Sudan oilfields, evacuates employees December 23, 2013

    New Delhi: India on Monday evacuated all its oil employees from strifetorn 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 September 25, 2013

    New Delhi: A day after government allowed stateowned 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 India...
  • 11 firms to join huge Brazil oil auction September 20, 2013

    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 stay...
  • Mohammedan Sporting create history, win Durand Cup after 73 years September 20, 2013

    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 club...
  • ONGC face Mohammedan Sporting in Durand final September 17, 2013

    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 chances...
  • Durand Cup: ONGC in semis; Navy, Bhawanipur draw 0-0 September 13, 2013

    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 helped...
  • ONGC, Indian Navy win in Durand Cup September 11, 2013

    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 Ezeh (65th)...
  • Diesel price hike the only option to reduce oil pool deficit: ONGC September 3, 2013

    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 higher...
  • JD-U demands to set up bench of Allahabad High Court in Western UP September 2, 2013

    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 that...
  • ONGC to intensify exploration in Tripura August 14, 2013

    Oil and Natural Gas Corporation's Tripura unit would intensify exploration for supplying natural gas to Rs 5000crore 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 supply gas...
  • ONGC given the task of keeping Taj Mahal clean, environment friendly July 26, 2013

    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 June 28, 2013

    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 will...
  • ONGC, OIL buy 10 per cent stake in Mozambique gas field June 26, 2013

    New Delhi: Staterun 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 participating...