Moody’s assigns Baa1 rating to ONGC’s proposed senior unsecured notes

Moody’s rating reflects ONGC’s position as the largest integrated oil and gas company in India with significant reserves, production and crude distillation capacity as also its substantial operating cash flow generation capacity.

ONGC & ExxonMobil sign MoU to share technical expertise

The MoU was signed on the sidelines of IHS-CERAWeek by ONGC Director (Exploration) R K Srivastava and ExxonMobil’s CEO for South Asia William P Davis. Minister of Petroleum and Natural Gas Dharmendra Pradhan was also present on the occasion. Oil…

4 killed in Navi Mumbai ONGC plant fire

Three CISF personnel and an ONGC employee died after a major fire broke out at the oil and gas processing plant of the Oil and Natural Gas

ONGC team up with Indian Oil to reduce carbon emission

Energy major ONGC has teamed up with Indian Oil Corporation for enhanced oil recovery by injecting carbon dioxide captured from IOC’s Koyali refinery in Gujarat.

ONGC builds plans to increase production in 64 marginal oil fields

The notice inviting offer allows interested companies to participate in an international competitive bidding process announced for 17 onshore

L&T Hydrocarbons bags two large contracts from ONGC

L&T Hydrocarbon Engineering (LTHE) said on Thursday that it has won twin large orders from state-owned energy major Oil and Natural Gas

Stock markets witness lacklustre trading in early hours

Stock markets witness lacklustre trading in early hours Equity benchmark indices were subdued in early trading on Friday with auto stocks gaining and IT majors showing losses. At the National Stock Exchange, sectoral indices were mixed with banking, financial services,…

India’s crude oil production falls by 4.15 percent in FY 19

India’s crude oil production falls by 4.15 pc in 2018-19 India produced 34,203 thousand metric tonnes (TMT) of crude oil during 2018-19 (April to March) which is 4.15 per cent below the output in the previous financial year and 7.59…