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RIL overtakes ONGC to become India's most profitable firm
2015-05-31 21:14:09| Automakers - Topix.net
Reliance Industries has overtaken state-owned Oil and Natural Gas Corp to become the nation's most profitable company, posting a consolidated net profit of Rs 23,566 crore in the 2014-15 fiscal. ONGC, which posted a consolidated net profit of Rs 18,334 crore in 2014-15, slipped to number three, behind RIL and Tata Consultancy Services Ltd, India's largest IT firm, according to earning data of listed firms available on the BSE.
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ONGC crisis team battling Ankleshwar well fire
2015-04-20 01:05:58| Oil & Gas - Topix.net
The crisis management team of the Oil and Natural Gas Corporation continued to battle on Sunday the blaze that broke out during repair operations at an onshore well in south Gujarat late on Saturday, an official said. "At least 12 people, seven of them from CMT, sustained burn injuries and have been shifted to a hospital in Surat, while all necessary medical treatment is being given to the others," the state-run explorer said in a statement.
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India's ONGC outlines plan to boost oil and gas production from western offshore fields
2015-04-09 01:00:00| Offshore Technology
India-based Oil and Natural Gas (ONGC) has outlined a plan to strengthen its western offshore fields in the country, to serve as its primary hub for oil and gas production.
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Chevron and ONGC Videsh win new exploration permits, offshore New Zealand
2014-12-10 01:00:00| Offshore Technology
US-based Chevron and Indian petroleum firm ONGC Videsh have secured new exploration permits for offshore New Zealand.
ONGC Videsh to explore oil and gas offshore Vietnam
2014-09-17 01:00:00| Offshore Technology
India-based ONGC Videsh has agreed to participate in the exploration of oil and gas offshore Vietnam.