Oil And Natural Gas Corporation

Pawan Hans sale: Govt to issue fresh bid document by the end of May, to indemnify buyers of contingent liability

The government has decided to make the bid document more attractive after discussions with investors on their concerns

Govt asks ONGC, OIL to sell out 66 fields to pvt firms as it brings in new policy to boost domestic production

ONGC and OIL, who are battling stagnation in output from largely ageing fields, have a total of 184 fields.

Oil India reacts cautiously as seismic survey hits roadblock in Manipur after rebel group abducts sub-contractors

An official of the Manipur government claimed that efforts were on to break the deadlock for restarting the survey in Jiribam but did not specify any timeframe for the resumption of the operation.

Government to invite bids to develop 60 discovered oil and gas fields, Dharmendra Pradhan announces

The government has approved inviting bids to develop 60 more discovered oil and gas fields under the second round of the DSF auction this year, Dharmendra Pradhan announced.

ONGC to raise Rs 19,940 cr short-term loan to part-fund HPCL acquisition; gets nod for Rs 35,000-cr borrowing

ONGC says it will get Rs 10,600 cr loan from PNB, Rs 4,460 cr from Bank of India and Rs 3,000 cr from Axis Bank

ONGC gets govt nod to sell stake in Indian Oil, GAIL to fund Rs 36,915-cr HPCL buyout

Sources said ONGC is a zero-debt company and wants to retain that status and short-term loan it is availing have provision to pre-pay without any penalty.

Dharmendra Pradhan cites Nationalisation Act to back why ONGC avoided open offer after buying HPCL stake

Dharmendra Pradhan says HPCL will continue to remain a central public sector enterprise by virtue of govt holding majority stake in ONGC

P Chidambaram slams 'anti-consumer' Centre over record-high fuel prices, asks govt to bring them under GST

Former finance minister P Chidambaram on Sunday termed the Modi government "anti-consumer" over record-high fuel prices and asked the government to bring them under the ambit of GST to provide relief to consumers.

Pawan Hans chopper carrying ONGC employees crashes off Mumbai coast, 4 bodies recovered; rescue operations continue

At least four people were killed on Saturday after a Pawan Hans helicopter carrying seven persons crashed off the Mumbai coast minutes after it took off

China opposes Vietnam's call for Indian investments in South China Sea, says bilateral ties used as 'excuse'

China on Thursday objected to Vietnam's invitation to India to invest in oil and natural gas sector in the disputed South China Sea, saying it is firmly opposed to infringement of its rights using development of bilateral ties as an "excuse".