Oil and Natural Gas Corporation
CAG Report: 40% of toilets in Government schools unused
On September 23, 2020, the Comptroller and Audit General submitted its report to both the houses. The report was titled “Construction of Toilets in Schools by the CPSEs”. CPSEs are Central Public Sector Enterprises. The report found gaps in construction ..
Month: Current Affairs - September, 2020
ONGC exits from Sudan
India’s Oil and Natural Gas Corp (ONGC) recently exited from Sudan oilfields. This step was taken by ONGC after the African nation refused to pay for oil it lifted from the fields. Key Facts ONGC Videsh Ltd (OVL) has also ..
Month: Current Affairs - September, 2020
Petroleum minister Dharmendra Pradhan visits oil field
The Sakhalin oil field in Russia is a prolific oil producing field like Bombay High. Exxon Mobil, Rosneft, Japanese SODECO and ONGC Videsh are the partners in this field which will continue to produce oil and gas till 2055. It ..
Fire in ONGC Plant in Mumbai
A large fire broke out in a plant belong to Oil and Gas Natural Corporation (ONGC) located in Uran, Navi Mumbai. While the fire was successfully contained within two hours, it caused the death of five people and eight others ..
ONGC CMD honoured with Distinguished Fellowship of IOD 2019
Shashi Shanker, the Chairman and Managing Director (CMD) of Oil and Natural Gas Corporation (ONGC) was honoured with Distinguished Fellowship of Institute of Directors (IOD), 2019 during 29th Institute of Directors (IOD) Annual Day Ceremony held in New Delhi. Key ..
ONGC overtakes India Oil Corp as Most Profitable PSU
The Oil and Natural Gas Corporation (ONGC) overtook India Oil Corporation (IOC) by regaining crown of being India’s most profitable Public Sector Undertakings (PSU). Key Highlights In the previous two financial years (2016-17 and 2017-18) ONGC had lost the most ..
Month: Current Affairs - June, 2019