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.
Tag: ONGC
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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
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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.
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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.
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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
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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
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Govt to auction oil fields of ONGC
The Petroleum Ministry has floated a note for the Cabinet Committee on Economic Affairs for auctioning 69 small and marginal oil fields
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ONGC will see production growth
Oil and Natural Gas Corporation Limited (ONGC), the country´s largest oil and gas exploration firm
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Milestone Feat
AFCONS has carved a niche for the company by becoming the first Indian EPC contractor for installing a process platform for ONGC using float-over technology on time.
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Piping hot
During the Eleventh Plan period (2007-2012), domestic players exceeded the planned capital expenditure outlay. They invested Rs 2,751.6 billion, 120 per cent of the planned target of Rs 2,289.9 billion.