Showing results for "#Oil and Natural Gas Corporation"

IOC, GAIL, ONGC fined for 4th quarter in row

The companies had faced fines for the same reason the previous three quarters as well.

ONGC produces 13-14 million tonne per annum of crude oil from its fields in the Arabian Sea, off the Mumbai coast.

A final decision on the vertical drilling option is likely to be taken by Sutlej Jal Vidyut Nigam (SJVN) and Oil and Natural Gas Corporation.

Oil production from Cluster-2 should have begun by November 2021, but was delayed because of the pandemic.

Revenue from operations, however, dropped by 13 per cent on year to Rs 1.47 lakh crore from Rs 1.68 lakh crore in the same period last year.

The PTC board approved the ONGC’s bid for the acquisition of a 100 pc equity stake in PEL at an equity value of Rs 925 cr, the company said.

"The ONGC has decided to dig wells in 10 places in Ariyalur. It is condemnable to destroy the district. ONGC dug more than 200 wells in Thanjavur,...

In a statement, India’s largest crude oil and natural gas producer said it has detailed a “roadmap to scale up its low-carbon energy portfolio...