Balance sheets have impacted on the top and bottom line because of volatility: NK Verma, ONGC Videsh"There was expectation from the seller side much higher but in this particular deal, we have been able to have a very good transaction."
Expect to see incremental benefits from Mozambique LNG terminal from 2020: NK Verma, ONGC Videsh"Right now we have invested $4 billion plus in the entry cost and in the initial phase of development for two trains."
ONGC may bid for 'unviable' fields after new policy on sale of gasThe government plans to auction 69 marginal fields under a new policy that allows producers to sell gas at market price; share revenue, not...
PK Singh shortlisted as SAIL's new chairmanThe final appointment will, however, be subject to approval from the Appointments Committee of the Cabinet (ACC).
DGH asked us to fix matter with RIL, says ONGC“Under PSC, DGH has role to play in such situations. However, ONGC was asked to resolve the issue independently with RIL, in the first inst...
ONGC was 'under pressure' to act on RIL, admits director for exploration NK VermaONGC sought appointment of an independent consultant because Reliance was refusing to hold discussions, but the latter has sought a meeting...
India to forge ties with Australia, New Zealand in mines, coalIndia is likely to forge pacts with Australia & NZ to strengthen cooperation in mining & coal sectors.
ONGC to invest $9 billion in producing oil and gas from KG basinOil and Natural Gas Corp will invest over $9 bn in bringing to production an array of oil & gas discoveries in its prolific Krishna Godavar...
ONGC never alleged that RIL is drawing gas from its block: Sudhir VasudevaONGC has said it has asked the oil ministry to help in getting data of Reliance Industries-operated KG-D6 block, which is bordering its dee...
Haryana Power Utility to intensify pending electricity bill recoveryRecently, UHBVN announced 10% rebate on the amount of last six bi-monthly bills at the year-end for those who have paid their bills regular...
New land bill may hit shale gas exploration: ONGCThe new legislation may create problems as shale exploration requires large piece of land. It can be resolved by making landowners the stak...
ONGC to drill first well to explore shale oil and gas next month"ONGC expects positive results from shale exploration and depending on the outcome and experience we will intensify our efforts," Chiarman ...
- Beni Prasad Verma may visit Brazil to scout for iron ore and manganese deposits
Beni Prasad Verma may lead a delegation to Brazil, and possibly Peru, to scout for mineral deposits for state-run firms.
- Gujarat HC hands over Ishrat Jahan fake encounter probe to CBI
Gujarat High Court on Thursday handed over to CBI further probe into the Ishrat Jahan fake encounter and directed the special investigation...
- Indicted by lokayukta, UP minister Awadhpal Singh Yadav resigns
His involvement in the murder of three people in Etah had led to the issue being raised in the Assembly a few days back.
- Minister Awadhpal Yadav resigns after Lokayukta recommends his dismissal
With the Lokayukta's strong recommendation for dismissal of dairy and animal husbandry minister Awadhpal Yadav, the minister was finally sh...
- SAIL does away with MDs, brings on CEOs at five plants aiming operational autonomy
State-owned steelmaker replaces managing directors with chief executive officers, with no board position, at its five plants.