Page 52 - Ongc

ONGC plans to buy majority stake in GSPC's KG gas block

Gas produced at KG Basin cannot be mixed with gas of GSPC

ONGC profit up 12% on nil underrecovery

Gross revenue during the quarter, however, dipped 24% to Rs 16,424 cr; it partly reversed a previously-taken charge, leading to a one-off gain of Rs 852 cr

ONGC Q4 net rises 12% to Rs 4,416 cr

ONGC said it partly reversed a previously-taken charge, leading to a one-off gain of Rs 852 cr in the quarter

ONGC faces a KG moment in Iran

As no deal with Iran yet, ONGC may lose Farzad-B field to Saudi Arabia

ONGC crude oil output up in FY16

Company produced 22.37 million tonne of crude oil in the financial year ended March 31, 2016

ONGC to drill 17 exploratory wells for shale gas

This is the first time that drilling exercise is happening on this big scale; investment to be around Rs 700 crore

ONGC gets 25% discount on premium from United India, GIC Re

Last fiscal, it had renewed its policies at almost 35% discount at $20 million

ONGC gets green nod for Rs 350 crore drilling project in Gujarat

Each well will be drilled up to a depth of 3,000 metres

ONGC's $5 bn investment plan not to impact its ratings: S&P

The proposed investment can be accommodated within overall capex expectation for state run oil firm.

ONGC has found hydrocarbon deposit in Mizoram

Company predicted that there could be 5,52,674 standard cubic feet (SCF) of gas per day from the Meidum exploration site

ONGC to invest Rs 34,000 cr in K-G basin field

The government has extended pricing and marketing freedom to companies for difficult fields, chairman D K Sarraf said

ONGC approves $5 billion investment to boost production

The investment in its east coast oil and gas asset can boost crude output by 15% and natural gas output by about a quarter in the next 4-5 years

ONGC's Rs 8,700 Vankor stake purchase gets Russian nod

OVL, overseas arm of ONGC has acquired 15% stake in Vankor, that'll give 3.3 mt per annum of oil production

Deep Industries surges on bagging order from ONGC

Deep Industries rallied 14% to Rs 146, while ONGC up 3% at Rs 214 on the BSE.

ONGC eyes tie-up with foreign service providers to boost output

Foreign firms to invest capital and share technical expertise in ONGC's hydrocarbon fields

ONGC to invest in KG basin: Sarraf

KG basin has become viable after new policy announcement, feels ONGC chief DK Sarraf; decision on final investment soon

D5 Block: ONGC sees over $4bn investment

ONGC chairman said upon completion, 75,000 barrels a day of oil and 17 million standard cubic metres a day of gas would be pumped

ONGC gets back petro blocks after decades

Cabinet clears return of Ratna and R-Series fields after idea of inviting private parties to develop these went nowhere

ONGC gets back Ratna & R-Series, Amguri oil fields

ONGC had discovered the fields and created facilities in Ratna R-12, which is part of R&RS, at a cost of Rs 472.55 crore

ONGC accuses DGH of not discharging its duty

Reliance industries had in 2001 and 2007 studied hydrocarbon reservoir below sea in ONGC's block without their knowledge