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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 ..
Month: Current Affairs - January, 2019
National Wildlife Board Approves Trishna Gas Project of ONGC
The National Wildlife Board has given its approval for the Trishna Gas project of ONGC which falls in the Trishna Wildlife Sanctuary in the Gomati district of Tripura. Trishna gas project ONGC has discovered 10-12 gas bearing wells in the Trishna ..
Month: Current Affairs - January, 2019
Public Enterprises Survey 2017-18
The Public Enterprises Survey 2017-18 was tabled in the Parliament. The Survey mapped the performance of the various central public sector units. The survey was undertaken by the Department of Public Enterprises, Ministry of Heavy Industries & Public Enterprises. Findings ..
Month: Current Affairs - December, 2018
Government forms Rajiv Kumar Committee to look at selling of OIL, ONGC fields to private companies
Union Government has constituted six-member committee to look at selling as many as 149 small and marginal oil and gas fields of state-owned Oil and Natural Gas Corp (ONGC) and Oil India Ltd (OIL) to private and foreign companies to ..
Month: Current Affairs - December, 2018
ONGC discovers oil, gas reserves in Madhya Pradesh, West Bengal
State-owned Oil and Natural Gas Corp (ONGC) has made oil and gas discoveries in Madhya Pradesh and West Bengal that may potentially open up two new sedimentary basins in country. They are category-III basins, having hydrocarbon and are considered geologically ..