Good Food is First Food. It is not junk food. It is the food that connects nature and nutrition with livelihoods. This food is good for our health; it comes from the rich biodiversity of our regions; it provides employment to people. Most importantly, cooking and eating give us pleasure. …
Oil and Natural Gas Corporation (ONGC) has drawn up a ‘Perspective Plan 2030’ to invest Rs.11 lakh-crore over the next 18 years. Talking to newsmen here on Monday, Chairman and Managing Director Sudhir Vasudeva said the plan envisaged doubling of production over the next 18 years at 4-5 per cent. …
Mumbai Government-run Hindustan Petroleum Corporation (HPCL) is eyeing stakes in overseas oil blocks, primarily in Africa and Kazakhstan, as it looks to beef up its portfolio of producing and discovered assets. The company plans to spend R3,000 crore mostly on building up its portfolio of developed assets over the next …
Kuala Lumpur Oil and Natural Gas Corp (ONGC), India’s biggest government-owned energy explorer, is considering bidding for part of ConocoPhillips Canadian oil sands holdings worth around $5 billion, a source with direct knowledge of the situation told Reuters on Tuesday. The Houston-based company has been looking to sell assets in …
Each discovery in oil block to be treated as separate cost centre, if proposal gets nod In a major revamp of oil and gas exploration, the government is likely to notify a policy disallowing companies from deducting as expenses all exploration costs in areas where earlier discoveries are under development …
Chief Justice Bhaskhar Bhattacharya and Justice J B Pardiwala while issuing notice also asked the Union government why contempt proceedings should not be initiated against them for not complying to High Court order Gujarat High Court has issued contempt notice to the Union government for its alleged non-compliance of its …
Agartala: Tata Chemicals will set up a Rs 5,000 crore, gas-based urea plant in northern Tripura in association with State-owned ONGC and Tripura government, officials said here on Tuesday. ONGC Chairman Sudhir Vasudeva held a meeting with Chief Minister Manik Sarkar in New Delhi on Monday and discussed the matter. …
Experts feel common infrastructure practical solution as defence min forbids construction of permanent structures RAJEEV JAYASWAL NEW DELHI ONGC and Reliance Industries (RIL) may use surplus infrastructure at the KG-D6 block for their deepwater discoveries in nearby blocks as the defence ministry has forbidden construction of permanent structures in the …
Euphoria Fades Over India’s ‘Gulf Of Mexico’ As Output Falls At RIL’s Finds | ONGC, GSPC Yet To Begin Production Mumbai: In 2005, while addressing students at IIM-Ahmedabad, Reliance Industries (RIL) chairman Mukesh Ambani compared India’s east coast to the Gulf of Mexico. Gas discoveries by RIL, ONGC and GSPC …
GAIL pulled up for undue benefit of Rs 246 crore to private firms The Comptroller and Auditor General (CAG) has pulled up Oil and Natural Gas Corporation (ONGC) for hiring a drilling rig from Reliance Industries (RIL) without calling for competitive bids. It also indicted GAIL (India) for giving over …
New Delhi Rising global crude oil prices over the last four years have inflated India’s subsidy bill, but the burden on the exchequer could have been higher hadn't the fiscally-conscious government reduced its share of the onus, at the cost of upstream oil companies. According to official data, between 2008-09 …
New Delhi: The comptroller and auditor general (CAG)has slammed state-run explorer Oil and Natural Gas Corporation (ONGC) for deviating from standard procedure to hire a drilling rig without sufficient reason from Mukesh Ambani’s Reliance Industries Ltd in 2009. ONGC “deviated from standard tendering procedure and hired a rig, viz Dhirubhai …
Agartala: The 726 MW first commercial power plant of state-owned ONGC at Palatana in southern Tripura will start generating electricity this month-end, company officials said here Monday. ONGC, the Tripura government and infrastructure and financial service company IL&FS; have jointly floated the ONGC-Tripura Power Company Limited (OTPC). The plant will …
Going ahead with its ambitious 'Clean India' campaign, the Tourism Ministry has roped in oil PSU ONGC to keep six major tourist sites, including Taj Mahal and Konark Temple clean and environment-friendly. "ONGC has expressed its willingness to join the Clean India campaign and take up six tourist destinations across …
The Tamil Nadu Government has commenced the implementation of its ambitious programme to provide solar-powered lights to 300,000 homes in the State. Work on this has been going on in the last couple of weeks in the Tiruchi district and 60,000 homes would be lighted in the current financial year, …
The Comptroller and Auditor General (CAG) has said Oil and Natural Gas Corporation (ONGC) did not try hard enough to complete the committed work in 75 per cent of the blocks it had acquired through bidding. Also, ONGC could not monetise the discoveries made during the 2002-2011 period, leading to …
North East Electric Power Corporation (NEEPCO) plans to add 950 MW to its existing power generation capacity in the region in the next five years. "We are already generating 1,130 MW in the region. Seventy per cent houses are powered by NEEPCO. We shall add 950 MW by the next …
ONGC Videsh Ltd (OVL), the overseas arm of state-owned Oil & Natural Gas Corp (ONGC), is eyeing stake in Russia’s ambitious Arctic Ocean oil and gas projects with US major ExxonMobil and Italian energy giant ENI. OVL on May 4 wrote to Russian state oil company Rosneft expressing interest in …
Forced to scale down petroleum retail operations, Reliance Industries Ltd and Essar have taken their predatory pricing complaint against government oil marketing companies (OMCs) to the Appellate Tribunal for Electricity. In July, the PNGRB (petroleum and natural gas regulatory board) had dismissed a plea of these private fuel retailers against …
Sudhir Vasudeva, CMD of the Oil and Natural Gas Corporation (ONGC), on Tuesday launched the ‘Save the House Sparrow’ campaign to mark the 57th ONGC Day at Tel Bhavan here. The campaign, initiated by ONGC in association with Action and Research for Conservation in Himalayas (ARCH), a local NGO, aims …
New Delhi The Cabinet Committee on Economic Affairs (CCEA) is likely to consider awarding of eight more oil and gas blocks that were offered in the ninth round of bidding under New Exploration Licensing Policy (NELP), on Tuesday. The government had offered 34 areas for exploration and production of oil …
