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State-run Oil and Natural Gas Corp.(ONGC) is considering shipping crude to India from a Syrian joint-venture if US  and European sanctions prevent sales continuing to refiners in Europe. The European Union and the United States have imposed ...
Bermuda-headquartered driller Northern Offshore said on Wednesday that its subsidiary, Jet Drilling, had won an award from Oil and Natural Gas Corporation for one of its rigs. The state-run ONGC as agreed a three-year contract for the ...
The government is considering almost doubling Oil & Natural Gas Corp.’s fuel subsidy to reduce expenditure and the fiscal deficit, two people with direct knowledge of the matter said. The country’s biggest oil explorer may pay about ...
Oil & Natural Gas Corp.expects to begin production at its deepwater east-coast block in the financial year beginning April 2016, a person familiar with the matter said.The block is estimated to have gas reserves of 137 ...
OAO Bashneft, controlled by Russian billionaire Vladimir Yevtushenkov’s AFK Sistema, may offer Oil and Natural Gas Corp. access to Russian arctic oil fields in exchange for assets as development spending starts. Bashneft is reviewing a number ...
It was ONGC that pioneered the (pilot) coal-bed methane (CBM) production in the country, more than a decade ago. It was also the first company to have drawn up a mega (Rs 1,000 crore) commercial production ...
The Indian unit of Britain’s BG Group is in talks with state-run Oil and Natural Gas Corp (ONGC) to acquire a stake in a gas block off the country’s east coast, the BG India’s president said ...
ONGC has mounted its maiden modular rig on its Mumbai High oilfield platform RS-12. The modular rig P-16, which is mounted on the platform, can drill high angle and horizontal extended reach wells up to an ...
State-owned Oil and Natural Gas Corp (ONGC) is likely to start oil and gas production from Krishna-Godavari basin field GS-15, off the Andhra coast, next month. While production from some oil wells in the GS-15 field ...
Oil and Natural Gas Corp (ONGC) wants to drill eight wells in its gas discovery block in the prolific Krishna-Godavari Basin off the Andhra coast to appraise finds it has made in the area. The firm ...