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...
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...
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...
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...
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....
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...
India and Kazakhstan launched the first exploratory drilling at Satpayev oil block owned by India’s ONGC Videsh Limited (OVL) and Kazakhstan company KazMunaiGaz. It was jointly launched by...
Three Immediate Support Vessels (ISVs) were commissioned on 24 March 2015 in Indian Navy at the Eastern Naval Command (ENC) base in Visakhapatnam, Andhra Pradesh. These three ISVs...
According to the latest annual list of Fortune 500 companies in India published by business magazine Fortune, state-run Indian Oil Corp (IOC) is country’s biggest company in terms...
