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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 Key Facts ONGC Videsh Ltd (OVL) has also with withdrawn from the block.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 ..
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 ..
A Capital grant as viability gap funding of Rs 5,559 crore was approved by the Cabinet Committee on Economic Affairs on Wednesday, 8th January 2020 for setting up the North-East Natural Gas Pipeline Grid. The Minister of Petroleum & Natural Gas and Steel, Dharmendra Pradhan attended the press conference for the approval and said that ..
India’s foremost Oil and Gas Exploration & Production (E&P) PSU, the Oil and Natural Gas Cooperation has set its target to double the oil and gas production from its domestic and foreign hydrocarbon reservoirs. It has named this plan the ONGC Energy Strategy 2040. What is ONGC’s Energy Strategy 2040? As per the current chairman ..
Vietnam, also known as the Socialist Republic of Vietnam, is the easternmost country located on the Indochina Peninsula. Geography It shares its land borders with China to the north and the countries of Laos and Cambodia are located to its west. It also shares some sea borders with Thailand in the Gulf of Thailand and ..