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Utpal Bhaskar 10:46 PM | November 09,2009
“The company board has given its approval to set aside Rs500 crore for research and development activities (in these segments),” R.S. Sharma, chairman and managing director of the firm, said
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Reuters and Bloomberg 11:17 PM | August 28,2009
The exploratory well in the west Tripura block in the Assam and Assam Arakan basin flowed gas from an interval 2,164-2,168m at a rate of 160,000 million cu. m per day
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Bloomberg 11:04 PM | July 22,2009
State-run ONGC has been asked to give discounts of Rs425 crore on oil sold to refiners including Indian Oil Corp. Ltd in the three months ended 30 June
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Mark to Market | Manas Chakravarty and Mobis Philipose 11:32 PM | July 02,2009
The markets are evidently concerned about the flip-flop in government policy related to oil pricing
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P. Manoj 12:11 AM | June 06,2009
India’s biggest ocean carrier by fleet size and revenues, 80.12% owned by the Union government, is buying these ships to replace its ageing fleet of 10 vessels
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P. Manoj 10:33 PM | May 19,2009
A consortium of banks led by Axis Bank Ltd and including France’s Natixis Bank, that had lent Rs600 crore to Great Offshore to build the rig, has started probing the firm’s ability to repay the dues
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Hashem Kalantari / Reuters 11:01 PM | April 14,2009
Citing Mahmoud Zirakchian-zadeh, managing director of Iranian Offshore Oil Co., IRIB said the contracts would be signed in the near future, without elaborating
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P. Manoj 10:27 PM | April 03,2009
The contract, finalized earlier this week, involves eight shipments in a month with each shipment bringing 85,000-90,000 tonnes of crude oil to the refinery in Mangalore
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Archana Chaudhary and Rakteem Katakey 01:15 AM | March 06,2009
ONGC shares dropped 4% to Rs637.15 before ending down 1.9% at Rs651.85 a share on the Bombay Stock Exchange on Thursday
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Bloomberg 11:17 PM | February 27,2009
GAIL is adding chemical plant capacity to boost revenue and offset slowing profit from selling gas, which accounts for half its revenue
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PTI 11:06 PM | February 27,2009
ONGC had shut the BPA production complex on 22 February to hook-up a new platform
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P. Manoj 09:31 PM | February 27,2009
The oil explorer deploys support vessels to carry water, cement, food and chemicals to its oil fields off India’s coast. These vessels play a key role in the firm’s hunt for oil
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Anupama Airy 10:21 PM | February 11,2009
ONGC has said that its profits are likely to fall by 30% due to sheer drop in crude prices internationally
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Pratik Parija / Bloomberg 12:20 AM | December 23,2008
India’s wholesale prices increased 6.84% in the week to 6 December from a year ago, the slowest since early March, as demand slowed amid the global economic slowdown
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Bloomberg 09:37 PM | November 21,2008
Crude oil fell below $50 a barrel on Thursday in New York for the first time in almost two years as a recession in the US, Europe and Japan cuts global demand growth to its weakest level in 23 years
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