ONGC Current Affairs, GK & News
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 ..
Month: Current Affairs - December, 2020
Category: Economy & Banking Current Affairs
Topics: Bengal Basin • Electricity • oil and natural gas • Oil and Natural Gas Corporation (ONGC) • Oil Imports • Oil Production • ONGC
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 Key Facts ONGC Videsh Ltd (OVL) has also with withdrawn from the block. OVL had a 25 per cent stake in Block 2A&4 ..
Month: Current Affairs - September, 2020
Category: Economy & Banking Current Affairs
Topics: Oil and Natural Gas Corporation • ONGC • Sudan
Reliance Industries at 96th rank in Fortune Global 500 list
Reliance Industries, headed by the Indian Billionaire Mukesh Ambani, has jumped 10 places to break into the world’s top 100 companies on the Fortune Global 500 list. Reliance is ranked 96th in the 2020 ranking released by Fortune. This is the highest any Indian company has been ranked on the Fortune Global 500 list. Background ..
Month: Current Affairs - August, 2020
Category: Reports & Indexes Current Affairs
Topics: Bharat Petroleum • Fortune 500 • Indian Oil Corp • IOC • Mukesh Ambani • ONGC • Reliance • Reliance Industries • SBI • State Bank of India • Walmart
Public Enterprises Survey: Air India, MTNL, BSNL highest loss makings PSUs in FY19
On February 10, 2020, the Department of Public Enterprises operating under Ministry of Heavy Industries tabled the “Public Enterprises Survey” on the parliament. The report says that the net profit from the PSUs has increased by 15.5% as compared to the previous year. Highlights The survey said that Indian Oil Corporation, NTPC and ONGC were ..
Month: Current Affairs - February, 2020
Category: Reports & Indexes Current Affairs
Topics: Air India • BSNL • BSNL. MTNL • Central Public Sector Enterprises • India Oil Corporation • NPA • ONGC • PSUs • public enterprises survey
Cauvery Delta of Tamil Nadu declared Protected Agricultural Zone
On February 10, 2020, Chief Minister of Tamil Nadu announced that Cauvery Delta is to be declared as Protected Special Agricultural Zone. In 2019, the Central Government had awarded the oil and gas exploration projects in the Cauvery basin. This invoked large protests amid water crisis in the state. Extraction of hydro carbon requires excess ..
Month: Current Affairs - February, 2020
Topics: Agriculture • Cauvery • Cauvery River • Chief Minister of Tamil Nadu • Environmental impact assessment • Hydrocarbon Resources • Hydrocarbons • ONGC • Tamil Nadu