Oil and Natural Gas Corporation (ONGC)

First food: business of taste

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. …

BG wants to buy stake in ONGCs oil, gas blocks

BG group of the UK is keen on picking 25-30% stake in state-run Oil and Natural Gas Corp's (ONGC) Krishna Godavari and Mahanadi basin deepsea oil and gas exploration blocks off the east coast. BG has expressed interest to take 30% interest in KG basin Block KG-DWN-98/4, which ONGC had …

ONGC, BP in pact for exploration

ONGC entered into a memorandum of understanding (MoU) with j global oil major, bp, to collaborate in the exploration and production (e&p;) business in India and abroad, including sharing of knowledge in coal-bed methane (cbm) and deep-water activities. The pact was valid for an initial period of 18 months, which …

IN SHORT

All for ageing oil well Oil and Natural Gas Corporation has inked an agreement with the Russian Tatarska Geophysica Technologies (TGT) for increasing production of matured fields. TGT is a service provider in well and reservoir management. The MoU is to put the ageing fields back into production and arrest …

Giving it gas

Have gas, will explore' seems to be the mantra as India's $90 billion oil and gas industry gears up for the July round of talks with Iran on the $7.4 billion Iran-Pakistan-India (IPI) gas pipeline project. The recent harping on gas as the preferred fuel, especially when rising crude oil …

Pipped to the post

India has begun re-negotiating with Myanmar for the transfer of natural gas through Bangladesh, after China stole a march over it last year. A delegation of state-owned gail (India) Limited and ongc Videsh Limited was in Myanmar on May 2-3 to present options of several alternative pipelines. They will stay …

Spilled oil

at least half a dozen legislators of the ruling Bharatiya Janata Party (bjp) in Gujarat made scathing attacks on the Oil and Natural Gas Corporation (ongc), which comes under the Union ministry of petroleum and natural gas, for causing serious environmental pollution in the state, during the recent assembly budget …

False promises

gujarat Pollution Control Board (gpcb) served a second closure notice on August 10, 2005, to the Oil and Natural Gas Corporation (ongc) unit at Piludra, Ankleshwar

A rug over Bombay High fire?

A major accident that hit a platform of Bombay High (bh), India's largest offshore oil facility, on July 26, 2005, has put a question mark on the safety measures taken by the country in oil-exploration activities. The fire killed 12 employees of the state-run Oil and Natural Gas Corporation (ongc) …

Yukos loss is ONGC s gain

The Indian government has permitted the Oil and Natural Gas Corporation (ongc) and the Indian Oil Corporation (ioc) to buy assets of Russian oil giant Yukos. Yukos is currently reeling under crisis. Its chief executive Mikhail Khodorkovsky was recently detained for fraud and tax evasion. Its shares have dropped and …

The Pipeline Boom

With the government set to end GAIL's monopoly over gas pipelines, new players are finalising their own plans. In the bargain, gas as a fuel may become competitive. Sometime soon in the future, a 1,400-km gas pipeline will snake its way from Kakinada to Ahmedabad. But this won't be just …

More the merrier

By the beginning of the next financial year, consumers in India would have over 10 companies to choose from while buying petrol and diesel. The new entrants in this segment include private players like Reliance, Essar and Shell, and three psus, Mangalore Refinery and Petrochemical Ltd (mrpl), ongc and Numaligarh …

Wildlife board discovers it has no say

though touted as a statutory body with teeth, the National Wildlife Board (nwb) was tamed by Union minister for environment and forests T R Baalu at its very first meeting in New Delhi on October 15. Baalu allegedly thrust upon the board a decision to drastically reduce the compensation money …

Oil s not well

india's premier oil exploration company, the Oil and Natural Gas Corporation ( ongc ) has been pulled up by the Assam Pollution Control Board ( apcb ) for severely violating environmental norms in its drilling operations in the state. The board has refused to give a no objection certificate ( …

Full of gas

THE Oil and Natural Gas Corporation (ONGc)-Videsh Ltd, currently operating in Vietnam, has discovered gas in the offshore area with reserves estimated at three trillion cubic metres which would help trigger a range of activities for Indian companies in the downstream and midstream areas, besides allowing ongc to plough back …

Faulty planes

Mumbai is prone to earthquakes, says V Subramanyam, retired IIT professor of earth sciences. It is quite evident from the recent earthquake that hit the Thane-Khargar belt in Maharashtra. According to Subramanyam, the city and the surrounding region is situated on more than ten fault planes. Three major faults pass …

Infernal blow

in a grim reminder of the Pasarlapudi blow-out on January 8, 1995 (Down To Earth, Vol 3, No 18), a massive blow-out occurred on February 19, at the Mandapet exploratory oil rig of the Oil and Natural Gas Corporation (ongc) at Pitanivarepalem on the outskirts of Devarapally village in Ravulapalem …

The view from the rigging

THE Indian ministry of petroleum and natural gas estimates fresh investments of nearly US $30 billion over the next 5 to 7 years in exploration and production as well as refining and marketing. The blowout, unfortunately, wiped out the government's plans to invest nearly US $2 billion in exploration, announced …

No `gassing` the public

Advocate Kamini Jaiswal has filed a public interest petition in the Supreme Court beseaching it to order the closure of underground gas pipelines till safety measures against leakages are ensured. Jaiswal claims that contractors to the Gas Authority of India and the Oil and Natural Gas Commission have flagrantly flouted …

A blast off the top

ALL it takes is a blow to settle a dispute: the blowout in the rig at Allawaram village in Pasarlapudi taluka, Andhra Pradesh, did just that. There is little question now that the Oil and Natural Gas Commission (ONGC) passed its brief: to bring the country as close as possible …

Murphy`s first law, greased

MURPHY'S oft-proven first law -- "If something can go wrong, it will" -- is something which appears to have been given the go-by, on their fast-forward to striking paydirt, by the decisionmakers at the Oil and Natural Gas Commission (ONGC), if the experience at the recent blowout at Allwaram village …

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