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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...

February 16, 2018

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....

January 22, 2018

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...

December 24, 2017

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...

September 21, 2017

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...

September 12, 2017

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...

July 24, 2017

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...

November 5, 2016

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...

October 15, 2016

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...

March 30, 2016

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...

January 25, 2016

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....

September 4, 2015

Union Cabinet approves MFP for Development of Hydrocarbon discoveries

Union Cabinet has approved Marginal Fields Policy (MFP) to aunction small and marginal unexploited hydrocarbon discoveries by state owned oil companies. Decision in this regard was taken by Union...

September 2, 2015

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