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Gas leak at ONGC well off Mumbai coast; no casualty

A high pressure, highly inflammable gas leak was on Saturday reported at a well state-owned ONGC was drilling at its prime Mumbai High oil and gas fields, off Mumbai coast. Oil and Natural Gas Corp......

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......

IOC, ONGC, OIL among five cos named by US administration for Iran ties

The three Indian firms have been named for their stake in the Farsi offshore block in Iran State-owned ONGC, IOC and OIL are among the five global companies named by the US administration for......

India's best and worst performing PSUs

Oil explorer ONGC was the country's most profitable PSU in 2013-14, while telecom major BSNL was the worst performer, says the Economic Survey. The pre-budget survey for 2014-15 said the net profit......

No solution yet on ONGC-RIL gas siphoning case

ONGC has suffered a loss of over Rs 30,000 crore (Rs 300 billion) due to alleged siphoning off of natural gas by Reliance Industries Ltd (RIL) from the PSU's well in Krishna-Godavari (KG) basin and......

Govt rethinks CIL, ONGC stake sale

Divestment in PFC, REC, NHPC, Nalco, Hindustan Copper and NMDC could be considered Following the recent slide in the share prices of public sector behemoths Coal India Ltd (CIL) and Oil and Natural......

Govt to exempt ONGC, OIL from fuel subsidy payment this fiscal

The government is likely to exempt Oil and Natural Gas Corporation and Oil India Ltd from payment of fuel subsidy during the rest of the fiscal due to steep decline in global oil rates to around......
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Global markets slide

Posted by Equitymaster Global equity markets bore the brunt of increased geopolitical tension after air strikes in Yemen by Saudi Arabia and its... ...

http://feeds.equitymaster.com/~r/TodaysMarket/~3/a5aRwGxtGEY/tm.asp
ONGC, OIL may be exempted from contributing towards fuel subsidy

The government may exempt upstream oil companies ONGC and Oil India (OIL) from contributing towards fuel subsidy for the January-March quarter of... ...

http://www.mydigitalfc.com/news/ongc-oil-may-be-exempted-contributing-towards-fuel-subsidy-966
Sarraf

ctor Dinesh K Sarraf said today. "At some places, we got de-focused. Exploration and production (of oil and gas) is our main stay. We need to stay... ...

http://www.business-standard.com/article/pti-stories/ongc-lost-focus-in-past-years-sarraf-115032700997_1.html
Indian Markets Close Flat

Posted by Equitymaster Indian markets witnessed a volatile session today as it opened today's trading session on a firm note. BSE Sensex and... ...

http://feeds.equitymaster.com/~r/TodaysMarket/~3/cVx8wuSNhSk/tm.asp
India may rid ONGC, Oil India from paying subsidy in March

India regulates retail prices of liquefied petroleum gas and kerosene to keep prices under check, with producers like ONGC and Oil India selling... ...

http://www.moneycontrol.com/news/economy/india-may-rid-ongc-oil-indiapaying-subsidymarch_1341428.html

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