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Several killed after major blast at GAIL pipeline in Andhra Pradesh

Fifteen people were killed and 18 injured when a massive blaze raged through a village in Andhra Pradesh's East Godavari district following a blast in an apparently leaking gas pipeline on Friday......

ONGC shuts down some wells in Andhra after gas pipeline blast

State-owned Oil and Natural Gas Corp has shut some wells on two onland gas fields in East Godavari district of Andhra Pradesh following the fire in a pipeline that carried the gas to......

Mukesh Ambani drops out of PM's delegation to Japan

R C Bhargava, Kiran Mazumdar-Shaw & Dinesh K Sarraf are other members of the business delegationMukesh Ambani, the world's richest energy billionaire and head of Reliance Industries, has dropped......

D K Sarraf new ONGC chief, Moily proposal for Vasudeva cast aside

Rejecting Oil Minister M Veerappa Moily's proposal to give Sudhir Vasudeva a post-retirement extension, Dinesh K Sarraf was on Wednesday appointed the new head of Oil and Natural Gas Corporation,......

ONGC's Sarraf adjudged best CFO in PSUs

Oil and Natural Gas Corporation Finance director D K Sarraf has been adjudged the Best chief financial officer of a public sector unit in the 2009-10 financial year.Finance Minister Pranab......

Govt bails out ONGC, OIL of Rs 22,000 crore royalty liability

Based on this settlement, the Supreme Court has disposed of the case on February 20. The government has bailed out state-owned oil producers ONGC and Oil India from a potential liability of about......

Why retail fuel prices are likely to remain high

Govt unlikely to cut excise duties to compensate for higher global prices, say analysts. Diesel and petrol prices are about 20 per cent more than what they were a year before at this time and seem......
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Shashi Shanker replaces D K Sarraf, takes over as new ONGC chairman

The Oil Ministry had earlier suggested that the 56-yr-old industry veteran be appointed for an initial 1-yr term ...

http://www.business-standard.com/article/companies/shashi-shanker-replaces-d-k-sarraf-takes-over-as-new-ongc-chairman-117100100124_1.html
ONGC looking to sell stake in other PSUs to fund HPCL acquisition

Dinesh K. Sarraf, the Chairman and Managing Director of the Oil and Natural Gas Corporation Ltd (ONGC), said that the firm is hoping to complete... ...

http://www.business-standard.com/article/news-ani/ongc-looking-to-sell-stake-in-other-psus-to-fund-hpcl-acquisition-117092800102_1.html

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