Results For "ONGC"

30 News Found

ONGC to incur huge loss due to revision in gas price
Gas | October 10, 2020

ONGC to incur huge loss due to revision in gas price

As per the company, the current gas price does not cover cost and it has made representations to the Ministry of Petroleum and Natural Gas for suitable amendments to the formula.


Fire reported at ONGC's gas terminal in Hazira, no casualties
Gas | September 24, 2020

Fire reported at ONGC's gas terminal in Hazira, no casualties

The inlet gas terminal where the fire broke out was cordoned off and the plant secured.


GAIL maintains CNG and D-PNG supplies despite ONGC's Hazira fire incident
Gas | September 24, 2020

GAIL maintains CNG and D-PNG supplies despite ONGC's Hazira fire incident

The company supplies about 60 million standard cubic meters of gas through its northwestern pipeline grid to customers in the states of Gujarat, Uttar Pradesh, Madhya Pradesh, Rajasthan and Goa.


Anurag Sharma appointed Director of ONGC
Appointments | June 01, 2020

Anurag Sharma appointed Director of ONGC

Anurag Sharma has taken over the charge of Director (Onshore), ONGC on 1st June 2020.


ONGC and NTPC to set up JV for renewable energy
Gas | May 22, 2020

ONGC and NTPC to set up JV for renewable energy

The MoU will enable both companies to achieve their targets in Renewable Energy business.


ONGC losses on gas business to widen to Rs 6,000 cr in FY21
Gas | May 11, 2020

ONGC losses on gas business to widen to Rs 6,000 cr in FY21

ONGC has seen incurring losses on the 65 million standard cubic meters per day of gas it produces from domestic fields shortly after the government in November 2014 introduced a new gas pricing formula that had "inherent limitations" as it was based on pricing hubs of gas surplus countries such as the US, Canada, and Russia.


ONGC terminates Dolphin offshore contract
Petro Chemical | April 18, 2020

ONGC terminates Dolphin offshore contract

Dolphin Offshore Enterprises recently informed the exchanges that ONGC had terminated a contract entered into in 2018


ONGC to extend Bumi Armada's FPSO contract
Petro Chemical | April 18, 2020

ONGC to extend Bumi Armada's FPSO contract

Bumi Armada said that its JV company had recently received notification from ONGC, about the oil company's plan to extend the contract of the Armada Sterling FPSO from April 20, 2020


ONGC gas output drops 15 per cent as shut factories refuse to take supplies
Chemical | April 13, 2020

ONGC gas output drops 15 per cent as shut factories refuse to take supplies

The difference between production and sales is due to the fact that some of the gas is also used by ONGC for internal consumption purposes such as power generation and re-injection into wells


ONGC to lose Rs 4,000 cr due to gas price cut
Petro Chemical | April 03, 2020

ONGC to lose Rs 4,000 cr due to gas price cut

Prices of natural gas was from April 1 cut to USD 2.39 per unit - a rate about 37 per cent lower than the cost of production