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CNG is seen as a clean fuel.

Govt to raise gas price to highest level in 2 years

Gas price was last hiked to USD 2.89 per mmBtu for Oct 2017 to Mar 2018 period from USD 2.48 in previous 6 months.

22 March 2018 6:04 PM IST

ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

ONGC bids for 37 oil blocks, Cairn 55 in 1st OALP round

Oil and Natural Gas Corp bid for 26 blocks on its own and another 11 with partners.

2 May 2018 1:20 PM IST

The government has withdrawn the preliminary information memorandum for proposed disinvestment of helicopter services provider Pawan Hans.

Pawan Hans' Udan plans run into rough weather amid divestment

The disinvestment process should not come as a roadblock in the business expansion plans of the company.

7 May 2018 7:15 PM IST

Oil and Natural Gas Corp (ONGC) has become Indias first company to hold a meeting of its Board of Directors at high sea. (File Photo)

ONGC clocks 6.3 per cent rise in gas production

It produced 23.484 billion cubic meters of gas in 2017-18 as against 22.088 bcm in 2016-17, he said.

7 May 2018 3:47 PM IST

Under the PSC regime, oil firms are allowed to recover their cost first before earnings from blocks are shared with the government.

Govt plans to reward oil cos with additional exploration rights

Move to open up additional revenue opportunities for incumbent companies.

11 Jun 2018 9:02 AM IST

Reliance Industries limited

Arbitration award in Reliance-ONGC gas row next month

The three-member panel is likely to give its award in July.

10 Jun 2018 1:16 PM IST

The government has withdrawn the preliminary information memorandum for proposed disinvestment of helicopter services provider Pawan Hans.

Govt receives bids for Pawan Hans stake sale

The last date for submission of initial bids was June 18.

20 Jun 2018 4:26 PM IST

Reliance Industries or RIL chairman Mukesh Ambani at an AGM in Mumbai. (Photo: PTI)

Reliance Industries wins arbitration award in gas dispute with govt

The Consortium is not liable to pay any amount to the Government of India.

1 Aug 2018 12:57 PM IST

Hindustan Petroleum Corp Ltd (HPCL) on Friday reported 56 per cent drop in the June quarter net profit on account of lower refining margins and inventory losses.

HPCL digs in heels, says acting as per statute in not recognising ONGC...

ONGC seeking recognition as the promoter of the company post-acquisition of majority stake in HPCL.

9 Aug 2018 1:16 PM IST

The government has withdrawn the preliminary information memorandum for proposed disinvestment of helicopter services provider Pawan Hans.

ONGC board approves stake sale in Pawan Hans

ONGC board had first on June 29 approved exiting Pawan Hans.

6 Aug 2018 4:11 PM IST

ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

High operating profit to help ONGC cut borrowings, says Moody's

ONGC reported 47.2 per cent increase in EBITDA or operating profit to Rs 14,240 crore.

6 Aug 2018 1:56 PM IST

Oil minister Dharmendra Pradhan on Sunday inaugurated Pradhan Mantri Ujjwala Yojana here on Sunday.

Govt to appeal arbitration ruling on Reliance, ONGC dispute

International tribunal in favour of RIL and its international partners in a dispute over gas migration from fields...

3 Aug 2018 12:50 PM IST