Page-3 of Topic: ONGC
ONGC to introduce Asia’s first large scale CO2 injection technique at Gandhar field
State owned Oil and Natural Gas Corporation (ONGC) is planning to introduce carbon dioxide (CO2) injection technology in its Gandhar oil field in Gujarat. It will be first...
ONGC to acquire Government’s entire 51.11% stake in HPCL
The Union Government and state-run oil explorer ONGC clinched deal for acquisition of government’s 51.11% stake in Hindustan Petroleum Corporation (HPCL) for a consideration of Rs. 36,915 crore....Blue Chip Stocks
Blue chip stocks refer to shares of large, financially stable, and well-established companies with a history of reliable performance, consistent earnings, and strong market reputation. These firms are...
ONGC discovers oil in Arabian sea near Mumbai High
State-owned Oil and Natural Gas Corporation (ONGC) has made oil discovery in WO-24-3 well located west of Mumbai High fields in Arabian Sea. The well is estimated to...
CCEA approves survey project of Un-appraised Areas of Sedimentary Basins
The Cabinet Committee on Economic Affairs (CCEA) has approved survey project to acquire 48,243 Line Kilometer (LKM) 2D seismic data for appraisal of Indian sedimentary basins where limited...
CCEA approves selling 51% stake in HPCL to ONGC
The Cabinet Committee on Economic Affairs (CCEA) has approved sale of government’s 51.11% stake along with management control in HPCL (Hindustan Petroleum) to ONGC. HPCL will continue as...
India, Venezuela sign deals to increase oil production
India and Venezuela have signed an oil production deals worth about 1.45 billion US dollar to increase oil production. The agreement was signed between Oil and Natural Gas...
National Seismic Programme launched in Odisha
The Union Government has launched National Seismic Programme (NSP) to trace hydrocarbon resources like oil and natural gas in Mahanadi basin. It was launched by Union Minister of...
Russia approves OVL’s deal to acquire 15% stake in Vankor oilfield
The Russian Government has approved a deal of ONGC Videsh Ltd (OVL) to acquire 15% stake in Vankor oilfield from Rosneft. The deal was signed between the OVL...
ONGC gets environmental clearance for project in Krishna-Godavari basin
State owned Oil and Natural Gas Corporation Limited (ONGC) has received environmental clearance for a project in the Krishna-Godavari (KG) basin in Andhra Pradesh. Under this clearance, ONGC...
ONGC buys 15% stake in Russia's 2nd-largest oil field from Rosneft
State-owned Oil and Natural Gas Corporation (ONGC) has bought a 15 per cent stake in Russia’s second-largest oil field Vankor from Rosneft for about 1.35 billion US dollars....