Govt has appointed 3 independent directors on ONGC board
The government has assigned ex-IFS Ajai Malhotra and two others as non-official part-time directors on the board of ONGC, the biggest oil and gas producer...
Tag : ONGC
ONGC likely to start cutting costs on drop of oil price
On account of a sharp fall in the oil and gas prices which has started hurting the profits of ONGC, the company has embarked on...
ONGC aims to intensify exploration activities
Oil and Natural Gas Corporation aims to hike its upstream capital expenditure by 10 percent next year and intensify its exploration activities. Sahshi Shanker, director...
ONGC has bought 15% in Russia’s Vankor oil field for $1.35 billion
A 15 percent stake in Russia’s second largest oil field from Rosneft has been bought by the Oil and Natural Gas Corp (ONGC) for about...
ONGC supports ONGC Videsh for spending allowance hike
The State owned Oil and Natural Gas Corporation (ONGC) said that it supports its overseas investment arm’s move of seeking increase in the spending allowance...
Govt has exempted ONGC and Oil India from payment of fuel subsidy in Q4
Oil producers ONGC and Oil India has been exempted from the payment of fuel subsidy in the fourth quarter by the government due to the approval...
ONGC, Oil India may get exemption from paying subsidy in March quarter
The Government is likely to exempt oil producers oil India Ltd and ONGC from paying subsidy in the fourth quarter ending March 31, a senior...