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. …

SC sets aside tribunal order asking ONGC & JNPT to fund fishermen rehabilitation

New Delhi : The Supreme Court has quashed the National Green Tribunal’s order asking ONGC and Jawaharlal Nehru Port Trust (JNPT) to deposit R30 crore towards proposed rehabilitation of fishermen, who allegedly lost their livelihood due to laying down of the Uran-Trombay Jawahar Creek oil pipeline and the Uran-Trombay Gas …

Bombay high court says go to Supreme Court for appeal against National Green Tribunal order

MUMBAI: In an order that might perhaps stay the practice of challenging orders of the National Green Tribunal (NGT) in the Bombay high court, a division bench of Justice A S Oka and Justice Chandurkar refused to entertain one such plea and instead told the petitioners to approach the Supreme …

ONGC seeks JV partners for 6,000 MW of green energy

New Delhi : ONGC is looking for joint venture partners to set up 6,000 MW of solar and wind energy projects. The state-run company has floated an expression of interest seeking strategic partnership to set up 3000 MW each of wind and solar projects. The joint venture would invest R3,750 …

Oil & Natural Gas Corporation digs up gas goldmine Krishna Godavari Basin

Hyderabad: A promising exploration in the Bantumilli south field for hydrocarbons by the Oil and Natural Gas Corporation (ONGC) in Deyyaladibba, off Krishna Godavari basin, seems to be turning out into a goldmine for the energy major. ONGC has found more gas than what had it initially anticipated. The gas …

India to supply 100MW power by year end

The meeting of the JSC on Cooperation in Power Sector will be held in New Delhi in September India will supply another 100 megawatts (MW) of power to Bangladesh from Tripura's Palatana power plant by the end of this year. The decision came from the joint technical committee (JTC) meeting …

Environmental issues hit ONGC’s gas exploration in Tripura

Agartala: State-owned ONGC found huge gas reserves in the Trishna area of southern Tripura 14-years ago but couldn’t proceed as it is yet to get environmental clearance, an official said here Monday. “We have found huge natural gas at Trishna in 2000. But we are yet to explore the gas …

Environmental issues hit ONGC's gas exploration in Tripura

State-owned ONGC found huge gas reserves in the Trishna area of southern Tripura 14-years ago but couldn't proceed as it is yet to get environmental clearance, an official said here Monday. "We have found huge natural gas at Trishna in 2000. But we are yet to explore the gas in …

NGT seeks report on ONGC activities

The National Green Tribunal (NGT) has directed the Central Pollution Control Board (CPCB) to depute a team of officers to inspect a disputed area in upper Assam where Oil and Natural Gas Corporation (ONGC) pipeline laying activities have allegedly damaged a tea garden area and two streams – Rajgarjan and …

Order of the National Green Tribunal regarding discharge of effluents/sludge, crude oil and other waste materials into the Rajgarjan and Gohainjan streams/man-mad drains by ONGC, …

Order of the National Green Tribunal (Principal Bench, New Delhi) in the matter of R. N. T. Plantations Ltd. V/s. Union of India & Ors. dated 06/05/2014 regarding discharge of effluents/sludge, crude oil and other waste materials into the Rajgarjan and Gohainjan streams/man-mad drains by ONGC and whether these drains …

Supreme Court wants to know why gas price formula is 'complex'

In what could spell fresh trouble for India’s hydrocarbon explorers, the Supreme Court on Thursday asked the government to explain why it chose the “complex” Rangarajan formula for gas pricing when it could have adopted “simpler methods” like cost-plus pricing or revenue-sharing. A bench headed by Justice BS Chauhan asked …

New gas reserves found

Hyderabad: While the Krishna-Godavari offshore has already been identified as having shale gas potential, recent geological surveys have shown a larger tract of the Godavari-Pranahita basin to have significant shale gas potential. Scientists say that surveys in pockets of the basin has shown that it is a prospective shale gas …

ONGC expects to make more discoveries in KG basin block

ONGC is turning focus on its deep water block KG-DWN-98/2 in the Krishna Godavari (KG) basin, as the state-run explorer reckons there could be more hydrocarbon reserves in about 11 discoveries in the block, than what has already been found. ONGC, sources said, has sought permission to drill more appraisal …

Kelkar Wants Existing Regime for Oil Contracts

Ministry proposed a system of revenue sharing where the govt gets paid a part of the sales proceeds the moment production starts Vijay Kelkar, chairman of the expert panel on energy security, has stuck to his position that the existing regime for oil and gas contracts that governs oil and …

ONGC’s Mozambique gas field holds larger reserves at 45-70 tcf

ONGC's giant gas field in Mozambique holds 45 to 70 trillion cubic feet (tcf) of recoverable reserves, 28% more than the minimum estimated resources when it invested $ 4.12 billion. ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), bought a 16 per cent stake …

ONGC agrees to supply gas to Tripura power project

State–owned ONGC has finally agreed to supply natural gas to 101–MW capacity Monarchak power plant that is being set up by government–run NEEPCO in western Tripura, senior officials said here on Sunday. “We would start supplying gas to Monarchak power plant from this year end. We need seven to eight …

New gas price barely suffices for K-G output: ONGC

The state explorer's new chairman, D K Sarraf, says some gas might not be viable at even $8 an mBtu The government is under attack for allowing an increase in domestic gas prices from April 1 but state-run Oil and Natural Gas Corporation said on Tuesday production from its Krishna-Godavari …

Govt to set up two firms to push renewables projects

The Government has decided to set up two special purpose vehicles (SPVs), headed by ONGC and Indian Oil Corporation (IOC), to set up renewable projects. Currently, companies are doing it individually. Now, they can come together and set up large projects. A large population in rural areas that now uses …

Oil companies to set up new ventures for renewable power projects in India, abroad

In a bid to boost renewable energy generation, oil giants like ONGC and Indian Oil Corp will form new companies to set up large sized solar and wind energy projects in India and abroad. Oil and Natural Gas Corp (ONGC) along with Oil India Ltd (OIL), GAIL, Engineers India Ltd …

Not enough for food, fertiliser, fuel

The expenditure on subsidies for food, fertiliser and fuel for 2014-15 is budgeted at Rs 2,46,397 crore, as against Rs 2,45,452 crore in the revised estimates The biggest mystery on the day of the interim Budget had to do with the rollovers for the next financial year on the subsidy …

Distortions in pricing of petroleum products - Question raised in Rajya Sabha, 18/02/2014

Statement of the Minister of State in the Ministry of Petroleum and Natural Gas Smt. Panabaaka Lakshmi in response to Rajya Sabha unstarred Question No. 2618 for 18th February, 2014, asked by Shri Ajay Sancheti regarding distortions in pricing of petroleum products. The minister stated in Rajya Sabha that "in …

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