According To A Statement Released By The Company, Oil And Natural Gas Corporation Limited (Ongc) Just Recently Made An Important Announcement Regarding The Discovery Of Oil And Gas In Two Different Offshore Exploration Blocks Located In The Mumbai Offshore Region .
19 May 2023This March, the government approved a new pricing formula for gas sourced from difficult to reach terrain
2 min read26 Sep 2016US Government Accountability Office has named the firms along with China’s CNPC and Sinopec saying they could face sanctions by America
2 min read8 Mar 2015The consortium had won the two blocks, M-4 and YEB, in the Myanmar Offshore Block Bidding Round-2013
1 min read8 Dec 2014The thrust of the complaints pertain to loans extended to wind-turbine maker Suzlon Energy and Videocon Industries
5 min read31 Jul 2013A deal may value the 20% holding in the Rovuma-1 offshore block at $5 billion to $6 billion
1 min read30 Apr 2013Inpex is expected to bring in technical expertise in deepwater drilling
2 min read6 Nov 2012Oil and gas block auction receives poor response
2 min read12 Oct 2009The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared