Government considering changing price formula for domestic natural gas: ONGC chairmanAn official committee has been constituted to consider the issue of gas pricing, Shanker said. “Talk is going on for giving some kind of fl...
09 Oct, 2020, 05.58 PM IST
Make free market for local natural gas: ONGC“There is an urgent need to revisit the gas price formula and the price ceiling for gas from difficult fields. If we want to really raise d...
02 Apr, 2020, 08.32 AM IST
Will continue with capex plans: Shashi Shanker, ONGC chairman“Profit will obviously be affected. But we are a national oil company and we are in it for the long haul. So we are not going to redraw our...
10 Mar, 2020, 07.04 AM IST
ONGC extends deadline to accept bids for 64 fields to January 17The deadline has been extended on requests from some potential bidders, Chairman Shashi Shanker said. The original deadline was December 20...
02 Jan, 2020, 07.56 PM IST
Ambani, IOC's Sanjiv Singh, ONGC's Shashi Shanker in list of world's top CEOsThe 2019 rankings placed BP's chief executive, Bob Dudley in fifth ahead of ExxonMobil CEO Darren Woods into sixth.
29 Jul, 2019, 06.31 PM IST
ONGC preparing strategic vision document for 2040: CMDONGC Chairman and MD Shashi Shanker said ONGC is considering many opportunities for sustaining growth and fulfilling its vision of becoming...
26 Jan, 2019, 05.51 PM IST
HPCL, MRPL merger will take a year, says ONGC ChairmanA committee comprising executives from ONGC, HPCL and MRPL is drawing up short to medium and long-term plans to leverage the synergy in the...
02 Jun, 2018, 08.06 AM IST
ONGC will produce gas from KG Basin by end 2019 and oil by 2021: Shashi ShankerSaudi Aramco showing interest in picking up stake in ONGC Petro Additions Limited (OPAL).
11 Apr, 2018, 04.21 PM IST
ONGC acquires 10 per cent stake in UAE's oil offshore concessionSources told Reuters that ONGC would get up to a 10-percent stake, valuing the deal at $600 million. An official announcement is expected l...
11 Feb, 2018, 10.26 PM IST
HPCL head to retain designation if ONGC follows Coal India modelONGC last week completed acquisition of government's 51.11 per cent stake in HPCL for Rs 36,915 crore.
04 Feb, 2018, 11.13 AM IST
ONGC, HPCL must respect each other’s autonomy in areas of business: HPCL ChiefONGC chairman Shashi Shanker said his firm didn’t plan to bring about any “major change” in the functioning of HPCL following the takeover,...
21 Jan, 2018, 10.46 PM IST
ONGC to explore all ways to raise output: ChairmanThe co is now ramping up capex, committing Rs 92K-cr over 35 projects that includes 14 projects to monetise new fields & six redevelopment ...
02 Nov, 2017, 11.42 PM IST
Sambit Patra's appointment to ONGC Board challenged in High CourtPIL filed by NGO Energy Watchdog could not be taken up for hearing as the bench headed by Acting Chief Justice Gita Mittal did not assemble...
25 Oct, 2017, 12.41 PM IST
Shashi Shanker takes over as ONGC ChairmanThe ministry had, in a departure from past norms and guidelines, earlier this month recommended to the ACC that Shanker be appointed for an...
01 Oct, 2017, 12.24 PM IST
Shashi Shanker appointed ONGC Chairman till 2021Shanker, 56, will take charge from October 1 when the incumbent Dinesh K Sarraf retires and will have a three-and- a-half-year term until M...
26 Sep, 2017, 02.31 PM IST
ONGC tech director gets CVC clean chitThe oil ministry had suspended Shashi Shanker, director (technology & field services), at state-run ONGC, following allegations of irregula...
23 Jun, 2016, 06.11 AM IST
Oil ministry suspends ONGC technical director Shashi ShankarShanker “committed gross misconduct while dealing with a tender for procurement of 21 blowout preventers,” a government release said.
25 Feb, 2015, 05.35 AM IST