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ONGC ARBITRATION
Reliance, partners move SC against setback in $1.7 billion gas dispute with ONGCReliance Industries and partners have approached the Supreme Court. This challenges a Delhi High Court decision. The dispute involves $1.72...20 May, 2025, 11.17 PM IST- Delhi HC accepts govt plea against RelianceThe Delhi High Court division bench overturned a 2018 arbitral tribunal ruling that favored Reliance Industries in a $1.729 billion gas mig...15 Feb, 2025, 05.30 AM IST
- Delhi HC seeks response from Norway's Pure E&P on ONGC's Rs 252 crore arbitration awardONGC petitioned the Delhi High Court to enforce a Rs 252 crore arbitral award granted against Norway's Pure E&P. The court ordered DNB Bank...18 Nov, 2024, 09.27 PM IST
- ONGC Videsh wins $190 million arbitral awards against SudanFollowing the arbitration awards, OVL has sent demand notices to the Sudanese government seeking payments, the people cited above said, add...06 Apr, 2023, 11.38 PM IST
- ONGC says arbitrators overcharging; urges Supreme Court to fix uniform feesThe Arbitration Act has a cap of ₹30 lakh on arbitration fees to be charged in a single matter. Senior advocate Abhishek Manu Singhvi, repr...09 Mar, 2022, 12.56 PM IST
- Supreme Court irked over ONGC's approach to arbitration, asks AG to resolveThe CJI read over the letter written by one of the former judges, who was appointed by an arbitrator while recusing from the case. Despite ...01 Dec, 2021, 06.33 PM IST
- Sudan admits it owes $100 mn to ONGC VideshONGC Videsh, the overseas arm of the state-run explorer, has been engaged in an arbitration with Sudan for over three years to recover its ...11 Oct, 2021, 11.52 PM IST
- Govt nominates ONGC to operate Panna-Mukta fieldsReliance and Shell each own a 30% participating interest in Panna, Mukta and Tapti (PMT) fields, while ONGC holds the balance 40%.16 Sep, 2019, 06.50 AM IST
- RIL, Royal Dutch Shell may not seek extension of Panna-Mukta fields' contractsLikely to have asked govt not to renew 25-year production-sharing deal beyond December.15 Apr, 2019, 07.36 AM IST
- Govt moves Delhi HC to recover $3.8 bn from RIL, Shell, ONGCThe liability is to be split between the three companies in proportion to their stake in the fields; ONGC has 40 per cent interest while RI...25 Jul, 2018, 06.03 PM IST
- ONGC reports 36% jump in Q4 profit at Rs 5,915 croreONGC's total expense for the quarter declined 6% to Rs 19,463 crore.30 May, 2018, 07.51 PM IST
- ONGC confirms government slapping it, RIL with $3.9bn demandThe demand notice pertains to interpretation of the contract for the Panna-Mukta and Tapti (PMT) oil and gas fields in the Arabian Sea.27 Jul, 2017, 11.57 PM IST
- RIL, Shell, ONGC asked to pay $3 billion in penaltyThe government asked the companies to pay a fine proportionate to their stake in the Panna Mukta Tapti oil field. RIL and Shell have challe...18 Jul, 2017, 10.29 AM IST
- Govt appoints GS Singhvi as nominee in RIL and ONGC arbitrationReliance has appointed Bernard Eder, a lawyer and former high court judge in the United Kingdom, to the panel that will decide if the compa...26 Dec, 2016, 01.32 AM IST
- Punj Llyod gets tough with ONGC on duesInfrastructure company Punj Lloyd has initiated arbitration proceedings against state-run ONGC to recover dues of over $250 million more it...15 Sep, 2010, 02.46 AM IST
- SC upholds arbitration award on ONGC-Sumitomo disputeThe Supreme Court has upheld an arbitration award in a dispute between Oil & Natural Gas Corporation (ONGC) and Sumitomo Heavy Industries o...01 Aug, 2010, 02.16 PM IST
- Arbitration fails as an alternative dispute settlement tool: SC“It is unfortunate that arbitration in this country has proved to be a highly-expensive and time-consuming means for resolution of disputes...20 Feb, 2010, 01.20 AM IST
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