Oil and Natural Gas Corporation (ONGC) Current Affairs, GK & News

Indian Companies in 2022 Fortune 500 list

In the Fortune Global 500 list of year 2022, 9 Indian public and private companies have been added. Life Insurance Corporation (LIC) of India has been ranked at 98th position in the list, with revenue worth USD 97,266.7 million. LIC has been added to the list for the first time, after it was listed on ..

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ONGC: 1st to trade Domestic gas on Indian Gas Exchange

State-owned Oil and Natural Gas Corporation Ltd. (ONGC) became India’s first Exploration and Production (E&P) company to trade domestic gas on Indian Gas Exchange (IGX). What are the highlights of the trade? ONGC made its first online trade on 23rd May 2022 on India’s first automated national level Gas Exchange, IGX. The gas traded is ..

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Bengal Basin-India’s Eighth Functional Basin

The Oil and Natural Gas Corporation recently began oil production from Ashokenagar-1 well located in the Bengal Basin. With this Bengal Basin becomes the eighth oil producing basin in India. The other oil producing basins of India are located in Mumbai Offshore, Krishna-Godavari river basin, Cauvery, Assam Shelf, Rajasthan, Assam-Arakan, Cambay and Fold Belt. Key ..

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IIT, ONGC ink MoU to develop indigenous technologies to enhance oil exploration

Indian Institute of Technology (IIT) and the Oil and Natural Gas Corporation (ONGC) have signed a Memorandum of Collaboration to develop indigenous technologies to enhance oil exploration. It was signed in the presence of the Union Minister of Human Resource Development Smriti Irani and the Minister of State for Petroleum and Natural Gas Dharmendra Pradhan ..

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