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…
ONGC
The latest ONGC news, analysis and data from India and across Asia, reported by Energy Asia.
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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…
Gas producers bleed as govt dictated prices remain low
Natural gas production remains a loss-making proposition for most fields for the Indian upstream producers as government-dictated gas price remains at its lowest level
Parl panel asks MNRE to increase solar capacity target
parliamentary panel has asked the Ministry of New & Renewable Energy (MNRE) to increase the capacity addition target under the scheme for setting up grid-connected solar…
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…
India’s first geothermal field development project in Leh
A historic tripartite agreement for establishing India's first-ever geothermal field development project in Leh has been signed.
MRPL merger with HPCL may have to wait till FY24
ONGC's plan to complete the merger of its refining subsidiary MRPL with recently acquired HPCL to align its upstream and downstream operations into two verticals has…
Production commences from eighth hydrocarbon basin
Oil and Natural Gas Corporation (ONGC) opened India's eighth hydrocarbon producing basin when it started oil flow from a well in the Bengal basin.
HOEC plans to start oil production from B-80 Block in 2021
HOEC will start producing 8,500 barrels per day of oil and oil equivalent gas from the B-80 block in April next year, they had won this…
OVL strikes commercial oil in CPO-5 block of Colombia
ONGC Videsh Limited (OVL) has made a significant strike of oil in its onshore block CPO-5, Colombia, in Llanos Basin.
ONGC and OIL signs contract for 11 oil and gas blocks
Oil and Natural Gas Corp has engaged contracts for seven oil and gas blocks it had won in the recent bid round. Oil India Ltd signed…
ONGC bags 7 and OIL bags 4 blocks for exploration
ONGC has won 7 out of 11 oil and gas exploration blocks offered for bidding in the latest licensing round, Directorate General of Hydrocarbons (DGH) said.…
ONGC Videsh set to lose Farzad-B gas field in Iran
India has all but lost the ONGC Videsh discovered Farzad-B gas field in the Persian Gulf after Iran decided to prefer domestic companies over foreign firms…
Massive fire in ONGC’s underground gas pipeline in Gujarat
Massive fire broke out in ONGC gas pipeline passing from an agriculture farm land at Kadodara village Vagra taluka near the Dahej industrial area. There was…
ONGC to explore oil and gas at Bikaner for 3 years
ONGC will explore oil and natural gas in an area of 2,118.83 SQ KM at Bikaner, for which the company has been allocated a block for…
Five Petroleum and Gas sector PSUs to join International Solar Alliance
Five Public Sector Undertakings under Petroleum & Natural Gas Ministry will be joining International Solar Alliance (ISA)’s Coalition for Sustainable Climate Action (ISA-CSCA) as Corporate Partners.
Massive explosion at Baghjan oil field
A massive explosion occurred near well number five of Oil India Limited at Baghjan Oil Field located in Assam’s Tinsukia district. Three foreign experts were injured…
ONGC Hazira supplies NATO grade HSD to Indian Navy during lockdown
ONGC's Team Hazira successfully supplied rail rakes of 3,300 KL volume of NATO Grade HSD to Indian Navy during COVID-19. Amidst the Lockdown 2.0 period, they…
ONGC flags off its first Offshore Supply Vessel through JNPT
Members of Panna-Mukta Takeover Project (PMTOP) flagged off the offshore supply vessel Albatross-5 carrying cargo for Panna platform from the Shallow Berth jetty number 1 (SB-1)…