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Tauktae: Offshore oil fields barges, but all 261 onboard safe, says ONGC

ONGC said a barge with 261 of its personnel deployed for offshore drilling in Bombay High in the Arabian Sea got de-anchored and started drifting because of the cyclonic storm Tauktae

ONGC agrees to remove marketing margin, but refuses to lower gas price

Potential bidders however opposed the levy of the marketing margin as well as the "high" floor price

Once a prized asset, is oil giant ONGC nearing the end of the road?

The oil it drills is expensive, the company does not have a clear road map for the future despite its Energy Strategy 2040

Wipro, Tata Steel in contention to dislodge ONGC from BSE Sensex

The 30-share bluechip index is rebalanced on a semi-annual basis with next rejig slated for June 18

Revamp not to impact biz; in talks with global cos for large fields: ONGC

ONGC plans to acquire much larger acreage via open acreage licensing policy

Sell oilfields; hive off drilling, other services: Oil ministry to ONGC

The petroleum ministry has told India's largest oil and gas producer ONGC to sell stake in producing oil fields such as to Ratna R-Series to private firms

3 ONGC employees kidnapped by suspected ULFA (I) militants in Assam

Three employees of the Oil and Natural Gas Corporation (ONGC) were on Wednesday kidnapped by suspected ULFA(I) militants from its Lakwa oilfield in Sivasagar district along the Assam-Nagaland border

Covid shaves off a 5th of ONGC capex in FY21; downstream firms exceed target

Coronavirus-related restrictions delayed ONGC projects but fuel marketers like IOC exceeded targeted capital spending, a government report showed

State-owned ONGC seeks buyers for KG gas, wants minimum $6.6 price

ONGC on Monday invited bids for the sale of initial 2 million standard cubic meters per day of gas from its KG basin fields

Subhash Kumar takes additional charge as ONGC CMD

Kumar is also the firm's director (finance) and has over 36 years of experience in diverse activities across the Exploration & Production value chain

Explained: How State Bank of India regained its footing on the bourses

India's largest bank is now the most valuable state-owned entity, even as other public sector firms struggle to retain their place on the bourses

Gas price for ONGC remains at decade low of $1.79, falls 11% for RIL-BP

The government on Wednesday left the price of natural gas produced by companies such as ONGC unchanged at a decade-low rate of USD 1.79

Delhi HC sets aside order asking Govt to extend Vednata oil deal till 2030

The Delhi High Court set aside a single judge order directing the Centre to extend till 2030 its production sharing contract with Vedanta and ONGC to produce oil from the Barmer oil field in Rajasthan

Gas price for ONGC to inch up to $1.82, fall below $4 for Reliance-BP

Government-dictated price for natural gas produced by companies such as ONGC is likely to inch up marginally to $1.82 next week

Losers and gainers in Indian industry as fuel prices climb to record high

Expensive retail fuel can trigger inflation, hurting a fragile economic recovery. Devangshu Datta explains who loses - and gains somewhat - when prices rise

IEX scales new high in a weak market, rallies 22% in seven days

In the past three months, the stock of IEX has outperformed the market by surging 65 per cent as against a 4.3 per cent rise in the S&P BSE Sensex

CBI books Shiv Vani Oil, two promoters for defrauding PNB of Rs 253 cr

Banks, NBFCs are estimated to have given Rs 3,587 crore to company accused of criminal conspiracy, cheating

ONGC's share in India's oil, gas production rises to 70% from 53%

State-owned ONGC has actually seen its contribution to the national production jump to over 70% from under 53% a decade back

SPIC Thoothukudi plant starts receiving natural gas from ONGC facility

The natural gas will be transported from the gas fields of ONGC in Ramanathapuram

NSE becomes co-promoter in IGX, buys 26% stake in gas trading hub

The exchange has with over 500 registered clients and 15 members