Page 35 - Ongc

ONGC board vertically split over compensation

Compensation claims are regarding natural gas spewing from its KG basin block into adjoining fields of Reliance Industries

ONGC Board approves pact to take stake in GSPC gas block

It has already differed with GSPC on the gas reserves the block holds and has appointed US-based consultant Ryder Scott to do an independent assessment

ONGC hits 11-month high

In past two-weeks, post Q1FY17 earnings, the stock up 8.4%, as compared to 1.4% fall in the S&P BSE Sensex.

ONGC Videsh to acquire 11% additional interest in East Siberia's Vankor Field

Vankor is Rosneft's (and Russia's) second largest field by production and accounts for 4% of Russian production

At Raniganj, CBM will be mined below an airstrip

New breakthrough comes after speculations that ONGC and Coal India might relinquish the block as it falls under the air strip of Bengal Aerotropolis at Durgapur

ONGC in talks for Gujarat State Petroleum Corp asset

To take another 11% stake in Russia's Vankor

Shah panel report vindicates our stand, says ONGC

Government-owned ONGC also stated it was not aware about the migration in advance

ONGC rises 3% after Q1 results

The stock hit a high of Rs 254.70 and a low of Rs 247.85 so far during the day

ONGC profit falls 21%

Company's gross revenue also dipped 21.4% to Rs 17,784 cr against Rs 22,628 cr during the period of the previous year

ONGC failed to tell investors about gas migration: Advisory firms

The PSU kept its small shareholders in the dark, violating listing norms, corporate lawyers & minority shareholders groups

Petroleum Minister Dharmendra Pradhan urges state-run units to launch Start-up Funds

As part of the initiative called 'ONGC Start-up', company will provide the entire support chain for start-ups including seed capital, hand-holding, mentoring market linkage

ONGC hires consultant to assess reserves in GSPC KG gas block

The Gujarat government firm has been seeking to sell a majority stake in its KG-OSN-2001/3 block to ONGC to avoid defaulting on loans

ONGC launches Rs 100-cr start-up fund

It would provide the entire support chain for start-ups

ONGC to invest Rs 823 cr for CBM gas development

Project envisages drilling of 141 wells with multilayer hydro-fracturing and installation of three production facilities

ONGC Tripura Asset expedites oil exploration in state

Tripura Asset has production capacity of 4.95 mmscmd per day which would rise to 6.25 mmscmd a day by the next year

ONGC, partners to invest Rs 823 crore for gas in Bokaro block

ONGC also operates North Karanpura block and Raniganj North CBM block in West Bengal

Overstated output led to Rs 18,627-cr ONGC burden: CAG

The company had to bear a larger share of subsidy due to overstatement of reported crude oil production by inclusion of natural-gas condensate and off-gas

ONGC over-reported crude oil production by 12%: CAG

Besides, the over-reporting also resulted in over payment of performance related pay to the company executives and staff

ONGC on recruitment drive for 417 posts; invites GTs at E-1 level in Engineering & Geo-Sciences

Interested candidates have to apply online through ongcindia.com. The last date to apply is August 10, 2016.

ONGC goes for market price for gas from two fields

Bidders to quote premium over notified price