Petronet looks to foray into petrochemical business
Petronet LNG is looking to reclaim the lost opportunities of the past decade as it seeks fresh foray into the petrochemical business and plans to set…
Oil and natural Gas Corporation
The latest Oil and natural Gas Corporation news, analysis and data from India and across Asia, reported by Energy Asia.
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Vedanta seeks premium over govt rates from Assam block
Vedanta Ltd is seeking a premium of at least $1 over the government-mandated price for the natural gas it plans to produce from its Assam block.
OVL in talks to buy stake in Vostok, Arctic LNG-2 project
India's top energy companies including ONGC Videsh Ltd is discussing buying a stake in Russia's massive Vostok oil project as well as a planned liquefied gas…
OVL, partners relinquish Israeli oil block
ONGC Videsh Ltd (OVL)-led Indian consortium has relinquished the offshore oil block due to very poor hydrocarbon prospectivity.
ONGC pumps gas from U1B deepwater well in KG basin
Oil and Natural Gas Corp (ONGC) has pumped first gas from its deep-water U1B well in Krishna Godavari block KG-D5 in the Bay of Bengal.
ONGC eyes offshore wind energy projects
ONGC is eyeing generating electricity from wind at its vast offshore acreage as it looks to augment its renewable energy portfolio, its chairman Subhash Kumar said.
MEIL hands over second oil rig to ONGC, more by 2022
MEIL said it has delivered the second oil rig to ONGC, and another 21 rigs will be supplied to the state-owned firm by 2022.
DGH overhauls approval processes for oil, gas fields
A self-certified declaration of a commercial oil or gas discovery is all that is now needed by a company to get statutory recognition for a hydrocarbon…
Leak from ONGC gas pipeline triggers panic in South Tripura
Gas leak from a pipeline of the state-run ONGC at Dhananjoynagar in South Tripura district triggered panic on Friday
Prompt action by ONGC prevents a major mishap
Prompt action by state-owned ONGC with assistance from the Coast Guard averted the collision of an empty LPG tanker, that went adrift, with oil and gas…
India’s gas production jumps 19.5% in June
India's natural gas production jumped 19.5% in June, as Reliance Industries Ltd and its partner BP Plc ramped up output from their eastern offshore KG-D6 block
NTPC, ONGC plan to boost offshore wind energy
NTPC and upstream oil firm ONGC have planned to boost the development of offshore wind energy in India, which is blessed with a coastline of about…
Nagaland government shuts down three ONGC wells
The Nagaland government has shut down three wells of state-run energy giant ONGC for allegedly not obtaining prior permission before starting drilling activities.
NHRC’s notice to Petroleum Ministry, ONGC, Coast Guard
NHRC on Sunday issued notices to the Petroleum Ministry, ONGC chairman, Indian Coast Guard and the director general of Shipping in the wake of a barge…
ONGC to extend relief to Cyclone Tauktae survivors, victims
ONGC management has decided to extend an immediate relief of Rs.1 lakh to the survivors and Rs.2 lakh for the Brave Nature's Victims and missing persons’…
India’s gas output rises 23% as RIL-BP fields start production
India's natural gas production jumped 22.7% in April after Reliance Industries Ltd and its partner BP Plc ramped up output from their eastern offshore KG-D6 block
Miscalculations may have led to ONGC vessels in cyclone
Inadequate advance notice and miscalculations of cyclone Tauktae's ferocity and its path may have contributed to a false belief that oilfield operations in the Arabian Sea…
Captain of barge P-305 chose not to move vessel: Survivor
A person, rescued from one of the three barges that adrifted after being smashed by the severe cyclone, said that while other barges started to move…
Rescue operations underway after cyclone sinks barge
Navy vessels, tug boats and rescue ships were pressed into service on Tuesday to evacuate over 500 people stuck on an oil rig and barges in…
ONGC Videsh loses its discovered Farzad-B gas field in Iran
India on Monday lost the ONGC Videsh Ltd discovered Farzad-B gas field in the Persian Gulf after Iran awarded a contract for developing the giant gas…
Centre can ask 10% more share in profits from Barmer block
The Delhi High Court said the Centre can demand 10% higher share in the profit derived from oil produced by Vedanta from the Barmer oil field…
ONGC’s oil & gas production share jumps to 70%
ONGC which is often perceived as a drag on the crude oil and natural gas produced in the country, has actually seen its contribution to the…
ONGC acquires 5% stake in Indian Gas Exchange
Oil and Natural Gas Corporation Limited (ONGC) has signed a Share Purchase and Shareholders Agreement (SPSHA) with the Indian Gas Exchange (IGX) and the Indian Energy…
Pradhan gives two main reasons behind rising fuel prices
Union Petroleum and Natural Gas Minister Dharmendra Pradhan said that reduced fuel production and oil-rich nations seeking more profits are the primary reasons behind spiralling petrol…
India’s gas production has risen above pre-COVID level
India's natural gas production has risen above the pre-COVID level following the start of output from a KG-D6 field operated by Reliance Industries Ltd and its…