Russian government has approved ONGC Videsh Ltd's deal to buy 15 per cent in the country's second biggest oil field of Vankor from Rosneft for $1.268 billion.
Oil and Natural Gas Corporation Ltd is planning to undertake drilling of nine development wells in KG-OSN-2004/1 and GS-49-2 fields beside creation of other infrastructure in KG Basin with an
New Delhi: ONGC has alleged that RIL in a “well-planned and deliberate strategy” produced about $1. 4 billion worth of its gas over past six years and demanded that the
State-owned Oil and Natural Gas Corp (ONGC) on Thursday reported 64 per cent drop in its December quarter net profit mainly because of one-time write off on falling crude oil
-owned ONGC has got environmental clearance for drilling 45 development wells and other related infrastructure involving a cost of over Rs 53,000 crore in the Krishna-Godavari basin in Andhra Pradesh.
Moody's Investors Service on Friday placed the ratings of state-run oil producers ONGC and its subsidiary ONGC Videsh "on review for downgrade" on slumping oil prices, weakening demand and prolonged
Reliance Industries has disputed the one-man AP Shah Committee constituted by government to decide on the firm's KG gas dispute with ONGC, saying the panel has no legal basis and only arbitration can decide on such disputes, as per the contract.
The Comptroller and Auditor General of India (CAG) has rapped India's largest oil and gas producer ONGC for poor planning in hiring and use of drilling rigs that resulted in
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