Oil Minister Dharmendra Pradhan has vowed to protect government and ONGC´s interest on the issue of its natural gas from Bay of Bengal
FlashNews:
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Intellectuals Aboard
More than a year after it sacked three UPA-appointed independent directors on ONGC board, the government has appointed ex-IFS Ajai Malhotra
ONGC targets $10-$12 bn foreign oil and gas investments
The foreign investment arm of India´s top oil explorer ONGC is targeting $10-$12 billion of oil and gas asset purchases over the next three years, including more corporate acquisitions, its managing director said.
ONGC tender flooded with offers
State-run Oil and Natural Gas Corp (ONGC) has been swamped with offers in a tender it floated for hiring five deep sea rigs for its KG-basin gas block campaign.
Govt slashes natural gas price by 16%
The government, at end September, cut natural gas prices by 16 per cent to $4.24 per unit for the six month period, beginning October 1. The price cut is the second reduction in rates ever, the first being on April 1.
Highest loading of crude oil at JNPT
The highest loading of crude oil in the current financial year was achieved on September 21, in the vessel MT Abul Kalam Azad belonging to Shipping Corporation
ONGC identifies six projects to propel next growth phase
India´s biggest oil and gas explorer, Oil and Natural Gas Corporation, has identified six major field development projects with an investment of Rs 241,881 million (Rs 24,000 crore), in addition to its flagship development project in the Krishna-Godavari (KG) basin, to power the next phase of its growth.
Ready? Fire! Aim!
As project managers rush headlong into implementation without planning and carrying out pre-project activities, it´s a case of putting the cart before the horse. No wonder catastrophic delays and bungled projects are the order of the day.
ONGC to invest $8.8 bn in KG basin
State-owned Oil and Natural Gas Corp (ONGC) plans to invest over USD 8.8 billion
Need of shale gas policy in India
India needs a long-term shale gas policy that is holistic and incorporates from the experiences of other countries on issues like gas pricing



