Oil and Natural Gas Corp

ONGC faces a KG moment in Iran

ONGC is facing a repeat of KG fiasco in Iran as lengthy negotiations on terms may drive it to a point where its discovered gas reserves in Farzad-B field in the Persian Gulf may be drawn out by neighbouring Saudi Arabia.

ONGC, Oil and Natural Gas, Oil in India, KG Fiasco Trehan, KG fiasco Iran, Iran India realtions, oil export in India

Domestic gas price set to drop 18.14% to $4.24 per unit from Oct 1

The price of domestic natural gas is decided based on a formula approved by Modi-government in October last year, which is linked to global indices.

natural gas

ONGC bucks trend to build assets as oil prices ease

Global oil majors have slashed spending and cut jobs in response to plunging oil prices but state-owned Oil and Natural Gas Corp (ONGC) is using the slump to build assets.

ONGC, sensex

POEM places corporates in a spot as tax muddle looks set to get worse

A Budget proposal requiring companies to pay taxes on overseas subsidiaries if the management of that subsidiary is effectively in India for...

ONGC Videsh

ONGC Q3 profit halves to Rs 3,571 cr on fuel subsidy payments

State-owned Oil and Natural Gas Corp (ONGC) today reported halving of its net profit in the December quarter...

ONGC Videsh

ONGC-Reliance Industries gas siphoning row: Expert body will not help,says PSU

ONGC has suffered a loss of over Rs 30,000 crore due to alleged siphoning off of natural gas by Reliance Industries Ltd...

ONGC, sensex

India’s ONGC Videsh eyes stake in Tullow Oil’s Africa assets

India's ONGC Videsh,is looking to buy a stake in the assets of Africa-focused exploration company...

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