ONGC's $5-bn bid for stake in Kashagan oilfield hangs in balance

India will allow explorers including Oil & Natural Gas Corp. (ONGC) and Reliance Industries Ltd. (RIL) to produce shale oil and gas for the first time as Asia's second-biggest energy consumer seeks to cut reliance on imports. Under a new policy ...

--Standard & Poor's Ratings Services today assigned its 'BBB-' long-term corporate credit rating to India-based government-owned oil and gas company, Oil and Natural Gas Corp. Ltd. (ONGC). The outlook is negative. We also assigned our 'BBB-' issue ...

The Union Cabinet on Thursday approved leasing of land of Ennore Port Ltd for a Rs 4,320-crore liquid gas (LNG) import terminal being built by state-owned Indian Oil Corp (IOC). IOC plans to build a 5 million tonne a year liquefied natural gas (LNG) ...

A consortium led by the state-run Oil & Natural Gas Corporation Ltd (ONGC) will set up a three million tonnes per annum liquefied natural gas (LNG) regasification terminal in this Karnataka port city."The New Mangalore Port Trust (NMPT) has given 'no ...

Reliance Industries Ltd. (RIL), battling to reverse a two-year slump in natural gas production, is spending about $1 million a day with partner BP Plc (BP/) (BP/) The Indian explorer, which also runs the world's biggest oil refining complex, started ...

1. Mr. Sudhir Vasudeva, Chairman & MD, Oil and Natural Gas Corporation, India (with Certificate in hand) 2. R Ramanan, MD & CEO CMC Limited 3. H.E. Hon. Sayyad ABD-AL-Cader SAYED-HOSSEN, Minister of Industry, Commerce and Consumer Protection, Govt.

Oil and Natural Gas Corporation (ONGC) wants to promote shale gas as a substitute energy resource. Chairman and managing director Sudhir Vasudeva said in Kolkata on Friday that the company was keen to foray into unconventional sources like shale gas ...

: Gujarat State Petroleum Corporation (GSPC), a Gujarat government-owned oil and natural gas entity, will be spending over Rs 20 billion on its proposed gas terminal at Mallavaram near Kakinada in East Godavari district of Andhra Pradesh. According ...

Iran has awarded the development of an offshore oil field that state-owned Oil and Natural Gas Corporation had abandoned as commercially unviable, to a domestic company.ONGC Videsh Ltd and its partners Indian Oil Corporation and Oil India Ltd had in 2009 dropped plans to develop the Binaloud oil find in the Farsi offshore block as it found one billion barrels of reserves commercially unviable. However, Iranian Offshore Oil Company has found production of heavy crude oil from the field would be ...