Ongc Director

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  ONGC's Director-Elect's Appointment On HPCL Board Delayed by Paperwork

  Oil and Natural Gas Corporation: It spent Rs 36,915 crore to acquire a majority equity stake in the company. But to get its sole nominee director appointed on the board of HPCL, ONGC has to toil through the paperwork.

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  Alka Mittal Is First Woman Chief Of ONGC

  State-owned behemoth Oil and Natural Gas Company (ONGC) now has Alka Mittal as its first woman chairman and managing director

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  Sell Majority Stake In PSUs To Cut Import Bill: Vedanta To Government

  Vedanta said the Mines and Minerals (Development and Regulation) Act needs to be amended to make it more attractive.

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  Natural Gas Production No Longer Profitable Business: ONGC

  ONGC Chairman and Managing Director Dinesh K Sarraf said the company lost Rs 5,010 crore in revenue on natural gas business, and about Rs 3,000 crore in profit in just last one year because of cuts in gas prices.

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  Oil Ministry Moves Cabinet To Get Reliance Industries, ONGC Pricing Freedom

  The move will benefit Reliance which has two blocks in Madhya Pradesh that are in the process of starting production.

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  ONGC Videsh Raises $1 Billion In Bonds To Fund Vankor Acquisition

  ONGC Videsh Ltd (OVL) has raised $1 billion through a US dollar bonds issue to finance its acquisition of 15 per cent stake in Russia's second biggest oil field Vankor, its Managing Director Narendra K Verma said.

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  Sell HPCL, Motherson Sumi; Buy Bharti Airtel: K Subramanyam

  Sumeet Bagadia, associate director at Choice Broking, recommends buying ONGC for target of Rs 260-275 with stop loss at Rs 238.

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  6,900 Kilometres Gas Pipelines To Connect Bangladesh, Myanmar, India

  The government has ambitious plan to lay 6,900 km of gas pipelines linking Bangladesh, Myanmar, most north-eastern states, and West Bengal, ONGC Executive director S.C. Soni said.

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  Buy Indian Oil, ONGC; Avoid Mindtree, HUL: Sumeet Bagadia

  The Nifty is facing resistance at higher levels, so fresh buying in Nifty should be initiated only if the index crosses 8,600 with good volumes, says Sumeet Bagadia, associate director at Choice Broking. Any rally in Nifty should be used as a selling opportunity for a day or two, he added.

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  India To Launch Auction Of 67 Small Oil, Gas Fields On May 25

  India will launch an auction of 67 discovered small oil and gas fields on May 25, the country's upstream regulator Directorate General of Hydrocarbons (DGH) said on Tuesday.

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  ONGC Targets $10-$12 Billion Foreign Oil & Gas Investments

  ONGC's foreign investment arm is targeting $10-$12 billion of oil and gas asset purchases over the next three years, including more corporate acquisitions, its managing director said.

• Ved Prakash Mahawar Takes Over as ONGC Director

  Ved Prakash Mahawar took over as director (onshore) of state-owned Oil and Natural Gas Corporation (ONGC) on Saturday.

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  ONGC to Conduct Regulator-Prescribed Test on 3 Finds: Report

  State-owned Oil and Natural Gas Corporation (ONGC) has agreed to conduct tests prescribed by upstream regulator Directorate General of Hydrocarbons (DGH) to confirm three key gas discoveries in its Krishna Godavari basin block to end a standoff that stalled its $8 dollar project.

• Regulator to Renegotiate Fiscal Terms of Cairn's Rajasthan Block: Report

  The Oil Ministry has asked sectoral regulator Directorate General of Hydrocarbons (DGH) to renegotiate fiscal terms of Cairn India's Rajasthan oil block before its licence can be extended beyond the contractual period.

• Oil Ministry Suspends ONGC Technical Director Shashi Shanker Over Allegations of Irregularities

  The Oil Ministry has suspended ONGC Director (Technical) Shashi Shankar over allegations of irregularities.