Page-2 of 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 ..
Month: Current Affairs - September, 2020
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 ..
Month: Current Affairs - August, 2020
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 ..
Month: Current Affairs - February, 2020
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 ..
Month: Current Affairs - February, 2020
Northeast Natural Gas Pipeline Grid gets Cabinet Approval
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 ..
Month: Current Affairs - January, 2020
Cabinet approves North East Natural Gas Pipeline Grid
On January 8, 2020, the Cabinet Committee on Economic Affairs approved the North East Gas Pipeline Grid. The pipeline is to be constructed for around 1,656 km. Highlights The gas pipeline grid is to be developed in eight states of ..
Month: Current Affairs - January, 2020
ONGC’s Energy Strategy 2040
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 ..
Vietnam
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 ..
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
India’s Second Tulip Garden to Come up in Uttarakhand
The government of Uttarakhand has obtained the permission to develop the tulip garden over 50 hectares of forest land in Pithoragarh district at a cost of Rs 50 crore. It will be the second Tulip garden in the country after the ..