The depleted Tapti gas field of the Panna/Mukta and Tapti (PMT) cluster in Arabian Sea is likely to cease production by the end of this yea...

With Tapti output declining rapidly, partners in the Panna-Mukta and Tapti fields - RIL, BG and ONGC, have decided to abandon the field.

"Our major oil and gas producing fields are ageing and showing natural decline," ONGC Chairman and Managing Director Dinesh K Sarraf said.

The company plans to save 40% capital expenditure and reduce about four years in developing three gas discoveries near RIL’s fields.

ONGC plans to raise natural gas production by over 7.22 mmscmd in next 2 yrs to meet the growing energy deficit in the country.

We have compiled five stocks that are likely to react in Tuesday morning trade. OnMobile, ONGC, Cairn India, Madras Cements and Videocon.

ONGC has entered into an agreement to use Cairn India's western offshore facilities to produce natural gas from its North Tapti fields.

State-run Oil & Natural Gas Corp (ONGC) will revisit its exploration strategy to augment oil and gas output and aggressively hunt energy so...

ONGC output has dipped to about 24 million tonnes (MT) and the marginal fields will help it reach past glory of 28 MT.

The government has approved a 10 per cent hike in price of natural gas that state-owned firms like Oil and Natural Gas Corp (ONGC) sell to ...

NTPC will buy an additional 1.5 million cubic meters a day of gas from RIL at $4.2 per mmBtu to feed its power plants in north India.

NTPC to sign GSPA with RIL for its North India projects even as it steers clear for Gujrat projects.

The British Gas (BG India)-ONGC-RIL consortium, operators of the Panna-Mukta-Tapti (PMT) block, has struck fresh oil.

BG E&P is looking to invest in the region of $900 million in India over the next five years, and has identified the country as one of its t...

Oil and Natural Gas Corp (ONGC) hopes to revive its water-marooned Hazira gas plant in Gujarat by weekend even as the flooded processing co...

Floods in Gujarat reduced India's gas supplies by about half and cut crude output by 20,000 barrels a day, as state-owned ONGC shut wells a...

Production at India's largest gas fields Bassein and Panna/Mukta and Tapti in Mumbai offshore has been stopped, following flooding of Oil a...