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JV of green arms of India’s NTPC-ONGC is highest bidder for Ayana Renewable at $650 million, sources say
1 month, 1 week ago

JV of green arms of India’s NTPC-ONGC is highest bidder for Ayana Renewable at $650 million, sources say

Live Mint  

By Sarita Chaganti Singh NEW DELHI -A joint venture between India's NTPC Green Energy and ONGC Green Energy is the highest bidder for Ayana Renewable Power having bid about $650 million, two people involved in the deal told Reuters. "After due diligence, NTPC Green Energy and ONGC Green Energy have jointly decided to acquire 100% stake of Ayana Renewable Power …

India Energy Power Green Green Energy Reuters Renewable
ONGC, BPCL rise up to 4%, Nifty oil & Gas index up to 1.5%: 4 key risks and opportunities in the sector
8 months, 1 week ago

ONGC, BPCL rise up to 4%, Nifty oil & Gas index up to 1.5%: 4 key risks and opportunities in the sector

Live Mint  

Oil and Natural Gas Corporation adding to its gains on Monday rose up to 4% and was amongst largest Nifty-50 gainers accompanies by Bharat Petroleum Corporation stock. Hindustan Petroleum Corporation, Bharat Petroleum Corporation, Indian Oil Corporation share prices gained up to 2% while GAIL India ltd share price also saw similar gains The analysts however remain cautious on certain pockets …

India Oil Gas Companies Prices Indian Oil Corporation Iran
Maharashtra: Minor oil spill near Pirwadi beach in Mumbai
1 year, 3 months ago

Maharashtra: Minor oil spill near Pirwadi beach in Mumbai

India TV News  

Maharashtra: A minor crude oil spill was reported in the early hours of Friday at the seashore near Pirwadi beach of Uran in Navi Mumbai. The Oil Spill Response team of Oil and Natural Gas Corporation Uran rushed to the spot to stop the spill. The crude oil is brought through undersea pipelines from state-owned Oil and Natural Gas Corporation …

Mumbai Oil Spill Ongc Uran Pirwadi Pirwadi Beach
ONGC in talks with Gentari for joint venture in energy storage
1 year, 3 months ago

ONGC in talks with Gentari for joint venture in energy storage

Live Mint  

NEW DELHI : Oil and Natural Gas Corp. Ltd is in talks with global entities including Malaysia’s Gentari to form a joint venture in energy storage, chairman and chief executive Arun Kumar Singh said, as the energy giant makes strides in its energy-transition journey. The ONGC chairman said in case energy storage is identified as a priority area for the …

Joint Venture Capital Storage Energy Storage Singh Ongc Gentari
ONGC plans ₹1 tn investment to cut carbon emissions
1 year, 6 months ago

ONGC plans ₹1 tn investment to cut carbon emissions

Live Mint  

New Delhi: Oil and Natural Gas Corp. will spend ₹1 trillion on green initiatives by 2030 to reduce its carbon footprint as part of a broader effort to achieve net-zero emissions by 2038. ONGC’s chairman and managing director Arun Kumar Singh, told reporters on Monday that the oil explorer has set an ambitious net-zero target and aims to cut both …

Oil Company Emissions Ongc Indian Oil Gas Project
Dilip Cherian | Winds of change: ONGC to scout renewables now
1 year, 11 months ago

Dilip Cherian | Winds of change: ONGC to scout renewables now

Deccan Chronicle  

Winds of change are blowing through the state-owned Oil and Gas Corporation. Meanwhile, the new corporate affairs director will focus on new businesses such as renewable energy ventures, downstream activities like oil refining and petrochemicals, and LNG, in addition to marketing oil and gas at the best rates. Some observers were surprised that Mr Modi not only attended but actually …

Director Irs Ongc Kumar Singh Ndtv Babus
ONGC Videsh bids to retake 20% stake in Russia's Sakhalin-1
2 years, 2 months ago

ONGC Videsh bids to retake 20% stake in Russia's Sakhalin-1

The Hindu  

ONGC Videsh Ltd., the overseas arm of state-owned Oil and Natural Gas Corporation, is making a proposal to retake 20% stake in Russia's Sakhalin-1 oil and gas project in the far east, sources said. Russian President Vladimir Putin earlier this month disbanded Exxon Neftegaz - a regional subsidiary of U.S. supermajor ExxonMobil—as operator of the Sakhalin-1 and transferred the project …

Russia Oil Project Russian Stake Source Ongc
Natural gas prices hiked by 40% to record levels; CNG, PNG to cost more
2 years, 2 months ago

Natural gas prices hiked by 40% to record levels; CNG, PNG to cost more

The Hindu  

Prices of natural gas, which is used to generate electricity, make fertiliser and is converted into CNG to run automobiles, were on Friday hiked by a steep 40% to record levels, in step with global firming up of energy rates. Explained | Why natural gas prices are soaring Simultaneously, the price of gas from difficult and newer fields like the …

Russia Oil Natural Gas Prices Price Fields Ongc
Natural gas price to rise to record level this week, say sources
2 years, 3 months ago

Natural gas price to rise to record level this week, say sources

India TV News  

Highlights The government-dictated price for natural gas produced in the country is to be revised on October 1 The rate paid for gas produced from old fields is likely to rise to USD 9 per million It is currently at USD 6.1 million British thermal units Natural gas, which is used to generate electricity, make fertiliser and is converted into …

India Russia Oil Gas Natural Gas Price Likely
India's oil crisis rises: ONGC struggles to move Russian oil as sanctions bite
2 years, 7 months ago

India's oil crisis rises: ONGC struggles to move Russian oil as sanctions bite

Hindustan Times  

India's Oil and Natural Gas Corp is struggling to find a vessel to ship 700,000 barrels of crude from Russia's Far East, in a growing sign that complex trades involving one of Moscow's biggest partners are being interrupted by Western sanctions, sources say. Several Indian companies including ONGC have stakes in Russian oil and gas assets, and India has been …

India Ukraine Oil Indian South Korea Russian Moscow
Govt doubles gas price to record levels; CNG rates may go up
2 years, 8 months ago

Govt doubles gas price to record levels; CNG rates may go up

The Hindu  

The government on March 31 more than doubled the price of natural gas that is used to produce electricity, make fertilisers, turned into CNG, and piped to household kitchens for cooking, on the back of a spike in global energy prices. The price of gas produced from old, regulated fields, such as the nation's largest gas field of Bassein of …

Russia Canada Indian Rates Fields Formula Ongc
61 Still Missing at Sea, Questions on ONGC's Cyclone SOPs; Probe Ordered
3 years, 7 months ago

61 Still Missing at Sea, Questions on ONGC's Cyclone SOPs; Probe Ordered

News 18  

As the Indian Navy continues to scour the Arabian Sea for 61 missing people from the sunken P-305 barge off Bombay High in the aftermath of Cyclone Tauktae storming through the Mumbai coast, the oil ministry on Wednesday constituted a high-level committee to enquire into the sequence of events. “The stranding, drifting and subsequent events have led to the loss …

Ongc
Natural gas prices may be cut to decade low of USD 1.9; dent ONGC revenues
4 years, 4 months ago

Natural gas prices may be cut to decade low of USD 1.9; dent ONGC revenues

India TV News  

Prices of natural gas in India are likely to be cut to USD 1.9-1.94 - the lowest in more than a decade - from October, denting revenues of producers such as ONGC who are already incurring huge losses on gas production. A gas price revision is due from October 1 and going by the changes in the benchmark rate in …

India Natural Gas Prices Price Cut Usd Mmbtu
2007 petroleum deal: CBI books Sanjay Bhandari, Samsung Engineering
4 years, 5 months ago

2007 petroleum deal: CBI books Sanjay Bhandari, Samsung Engineering

India Today  

The Central Bureau of Investigation has booked alleged arms dealer Sanjay Bhandari in connection with the UPA-era’s Samsung-ONGC deal. In the fresh FIR, the CBI named Sanjay Bhandari, Santech International, FZC, UAE; Samsung Engineering Company Limited, South Korea; Foster Wheeler Energy Limited, UK; Hong NamKoong, the then senior manager of Samsung, South Korea and unknown officials of ONGC. Samsung hired …

London Property Samsung Cbi Fir Deal Uae