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Moody's places ONGC, OVL rating on review for downgrade

Jan 22, 2016

Moody's places ONGC, OVL rating on review for downgrade

Moody's Investors Service today placed the ratings of state-run oil producers ONGC and its subsidiary ONGC Videsh "on review for downgrade" on slumping oil prices, weakening demand and prolonged period of oversupply. #oil #ONGC #Moody's #Crude #Downgrade #review #Ratings #OVL
Reliance Industries faults Shah panel engagement on gas dispute

Jan 11, 2016

Reliance Industries faults Shah panel engagement on gas dispute

The letter said Reliance Industries does not accept the premise that the government can appoint a committee, or can deal with any issues on the dispute by constituting a panel #Reliance Industries #ONGC #RIL #PSC #KG-D6 block #Shah Panel #consultants DeGolyer and MacNaughton
Oil firms' under-recoveries set to drop 58% in FY16 on bearish crude, direct cash transfers

Dec 31, 2015

Oil firms' under-recoveries set to drop 58% in FY16 on bearish crude, direct cash transfers

According to Icra report, under-recoveries of oil companies is likely to fall to Rs 30,000 crore in the current fiscal from Rs 72,300 crore in FY15 #crude oil #oil #ONGC #GAIL #OPEC #Icra #upstream oil firms
ONGC Videsh, IOC, Oil India sign deals to access Russia's lucrative hydrocarbons sector

Dec 25, 2015

ONGC Videsh, IOC, Oil India sign deals to access Russia's lucrative hydrocarbons sector

As per deal between ONGC Videsh and Russian oil behemoth Rosneft, the former will pick up 15 percent stakes in Vankorneft oil fields in Siberia for $1.3 billion #IOC #ONGC Videsh #Oil India #Rosneft #Oil & Gas #hydrocarbons sector #Vankorneft
Tata Motors drives into the league of top-50 global R&D firms in 2015

Dec 21, 2015

Tata Motors drives into the league of top-50 global R&D firms in 2015

Global R&D list was topped by Volkswagen followed by Samsung, Microsoft, Intel and Novartis in the top-five #Reliance Industries #Google #Tata Motors #ONGC #M&M #Volkswagen #R&D list
AAP's allegations against Jaitley baseless: Hockey India chief Narinder Batra

Dec 18, 2015

AAP's allegations against Jaitley baseless: Hockey India chief Narinder Batra

Hockey India president Narinder Batra on Friday rubbished Aam Admi Party's accusation that Finance Minister Arun Jaitley had put pressure on ONGC to give an amount of Rs 5 crore to the national federation, terming the allegation as "baseless". #Corruption #ONGC #TheySaidIt #Arun Jaitley #Hockey India #AAP #DDCA #Narinder Batra
CAG raps ONGC for Rs 8K cr loss due to poor rig management

Dec 10, 2015

CAG raps ONGC for Rs 8K cr loss due to poor rig management

The Comptroller and Auditor General of India (CAG) has rapped India's largest oil and gas producer ONGC for poor planning in hiring and use of drilling rigs that resulted in a loss of Rs 7,995 crore. #CAG #ONGC #oil and gas #drllling #rig
Govt mulling policy to push oil and gas investments in North East

Dec 01, 2015

Govt mulling policy to push oil and gas investments in North East

Oil production has come down from 4.84 million tonnes to 4.54 million tonnes between 2011 to 2015 and refineries in the region are now being fed from imported crude oil. #Economy #Energy #ONGC #PolicyWatch #oil and gas #Tripura #North East region #CII North East Energy Summit
D&M submits final report on ONGC-RIL gas dispute

Dec 01, 2015

D&M submits final report on ONGC-RIL gas dispute

At gas price of $4.2 per million British thermal unit, the volume of gas belonging to ONGC which RIL has produced comes to $1.7 billion (Rs 11,055 crore). #Business #Reliance Industries #Energy #NewsTracker #ONGC #KG-D6 #oil and gas #Dhirubhai-1 #DM #Dhirubhai-3