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Mixed bag of Q3 earnings from gas marketing companies, sector in a sweet spot  


With rising crude prices, cost efficiency of natural gas, environmental concerns, policy framework changes and budget allocations, the gas distribution companies are positioned for a strong uptick

KG block production may be delayed due to regulatory changes: ONGC

19-02-2018| Source:PTI

Oil and Natural Gas Corp (ONGC) is investing USD 5.07 billion in KG-DWN-98/2, which sits next to Reliance Industries' flagging KG-D6 block in Bay of Bengal, with the target of bringing out

OVL to bid for Iran's South Azadegan oilfield, rework Farzad-B cost

18-02-2018| Source:PTI

ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), will bid for development rights of Iran's giant South Azadegan Oilfield in direct competition with the likes

OVL offers to invest $6.2 bn in Iranian gas field

14-02-2018| Source:PTI

With negotiations stuck over pricing of natural gas, ONGC Videsh Ltd has offered to invest USD 6.2 billion in development of Iran's giant Farzad-B gas field in the Persian Gulf while leaving

H-Energy for shore-based regasification in Haldia LNG project

11-02-2018| Source:PTI

The company expects to complete the liquefied natural gas project at Haldia within the next 18-24 months.

ONGC to acquire stake in UAEs ADNOC oil offshore concession - sources

10-02-2018| Source:Reuters

India's biggest explorer Oil and Natural Gas Corp (ONGC) is due to sign a contract on Saturday to acquire a stake in Abu Dhabi National Oil Company (ADNOC)'s offshore oil concession

Merger with MRPL should happen at earliest, says HPCL

09-02-2018| Source:PTI

Oil and Natural Gas Corp (ONGC), India's biggest oil and gas producer, last month completed the acquisition of HPCL for Rs 36,915 crore.

Cabinet approves auction of 60 oil and gas fields

07-02-2018| Source:PTI

Out of the 60 fields, 22 were discovered by Oil and Natural Gas Corp (ONGC), 5 belong to Oil India Ltd and 12 are relinquished fields/discoveries from blocks offered in bids rounds under New

GAIL set up for natural gas transportation: Dharmendra Pradhan

07-02-2018| Source:PTI

Pradhan gave the response in Rajya Sabha on a written reply to a question on splitting state-owned gas utility GAIL India Ltd by separating its gas marketing business from its primary role as a

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