Oil and Natural Gas Corp (ONGC), which recently regained control of Panna-Mukta, has started an exercise to shed excess cost at the Mumbai offshore oil and gas fields. Quoting sources with direct knowledge of the development, a PTI report said ONGC has changed the contract for bringing oil produced from […]

ONGC has received environment clearance for carrying out onshore exploration, development and production of oil and gas in 100 locations in non-forest area of Assam. According to official documents, the above activities would entail an investment of Rs 3,500 crore. The Union Environment Ministry has given green clearance to ONGC […]

Oil and Natural Gas Corporation (ONGC) has called for bids seeking partners to develop its 64 discovered small and marginal fields. The state-run company accounts for 73 per cent of India‚Äôs oil and gas output. In a statement, ONGC said, “ONGC announces Notice Inviting Offer (NIO) seeking partners for enhancement […]

The RIL-BP combine has made its maiden bid for an oil and gas exploration block in more than a decade, vying for one of the 32 blocks up for auction in the OALP-II and III bid rounds. Meanwhile, mining major Vedanta has put in as many as 30 bids and […]

Oil and Natural Gas Corp (ONGC) has been accorded environmental clearance to drill six development wells in Assam. The project will be undertaken at an estimated cost of Rs 240 crore. As per an official document, the Union Environment Ministry has given the EC for six development wells in five […]

A top official of ONGC has said said the company would invest nearly Rs 13,000 crore in Assam over the next five years in exploration and production. According to the State-run Oil & Natural Gas Corporation’s chairman Shashi Shanker, the investment that ONGC has planned is 30 per cent more […]

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