ONGC wins most blocks in hydrocarbon auctionOctober 12th, 2009 NEW DELHI - State-run Oil and Natural Gas Corp (ONGC) has bagged 13 blocks in the latest round of auction of hydrocarbon assets, which saw only about half of the oil blocks receiving bids. If ONGC is getting those blocks, then they should find resources to meet their commitments, said Petroleum Secretary R.S.
ONGC gets nod for investment in Vietnamese oil blockOctober 1st, 2009 NEW DELHI - The overseas investment arm of state-run Oil and Natural Gas Corp (ONGC) has secured the government's nod for an additional investment of $149.46 million in a gas block in Vietnam, as part of India's quest for energy security. The permission was given by the Cabinet Committee on Economic Affairs during a meeting here Thursday presided over by Prime Minister Manmohan Singh, officials said.
Gov't report says BLM often violated misunderstood law in approving oil, gas drillingSeptember 16th, 2009 Gov't says drilling policy caused BLM confusionCHEYENNE, Wyo. — The U.S.
GAO report says BLM often misunderstood, violated law in approving oil, gas drillingSeptember 16th, 2009 GAO says drilling policy caused BLM confusionCHEYENNE, Wyo. — The Government Accountability Office says the U.S.
Oil India to start drilling in Libya from OctoberSeptember 2nd, 2009 KOLKATA - State-run energy explorer Oil India Ltd (OIL) will start drilling oil blocks in Libya from October for exploring an estimated two trillion cubic metres of reserves, a top company official said Wednesday. "We will drill four wells in Libya by 2010-11.
ONGC to start major oil drilling off Kochi coastAugust 2nd, 2009 KOCHI - The Oil and Natural Gas Corporation (ONGC) is all set to start a major oil drilling off Kochi coast from today. Most of the preliminary exploratory drilling confirmed the presence of hydro-carbon, carbohydrate and other chemicals.
ONGC starts oil exploration off Kochi coast in KeralaAugust 2nd, 2009 KOCHI - Oil and Natural Gas Corporation Limited (ONGC) on Sunday started a major oil exploration drill off Kochi coast, which could give a major boost to Kerala's industrial prospects. The top officials visited the site with the help of helicopters, where ONGC Chairman and Managing Director, R S Sharma, formally launched the drill with a traditional coconut-cracking ceremony.
ONGC to start drilling for oil off Kochi coastAugust 2nd, 2009 KOCHI - It will take at least 100 days to confirm whether there is hydrocarbon presence off Kochi coast, Oil and Natural Gas Corp (ONGC) chairman R.S. Sharma has Sunday.
Court clarifies offshore drilling ruling, says it doesn't apply to Gulf Coast leasesJuly 29th, 2009 Offshore drilling ruling doesn't apply to GulfWASHINGTON — A federal appeals court ruling won't stand in the way of new oil and gas drilling in the Gulf of Mexico. The U.S. Court of Appeals in Washington clarified late Tuesday that its decision earlier this year to block some Bush-era drilling plans was meant to apply only to activity in Alaska, not the Gulf.
Oil giant Exxon Mobil says it has started drilling operations at Point Thomson in AlaskaMay 10th, 2009 Exxon begins drilling at Point Thomson in AlaskaANCHORAGE, Alaska — Exxon Mobil says it has begun drilling at Alaska's Point Thomson oil and gas field. Patrick McGinn, a company spokesman, says drilling operations were launched Friday.
Oil giant says it has started drilling operations at Point ThomsonMay 10th, 2009 Exxon begins drilling at Point ThomsonANCHORAGE, Alaska — Exxon Mobil says it has begun drilling at Alaska's Point Thomson oil and gas field. Patrick McGinn, a company spokesman, says drilling operations were launched Friday.
ONGC discovers new oil wells in GujaratFebruary 6th, 2009 AHMEDABAD - The state-run oil producer Oil and Natural Gas Corp (ONGC) has discovered two new oil wells in Patan district in Gujarat, which have estimated oil reserves of over one million tonnes, an official said here Saturday. The oil find was made at a crucial time as the upstream major's Mehsana production unit in the state was witnessing fall in output, said the official, who did not want to be identified.
ONGC to invest $600 million in Imperial EnergyJanuary 11th, 2009 NEW DELHI - Oil and Natural Gas Corp (ONGC) is set to invest over $600 million for the development of assets of Imperial Energy, in addition to its acquisition price of $2.1 billion, said a company official Monday. ONGC acquired Imperial Energy after more than 97 percent of its shareholders had approved the deal last December.
ONGC may get 40 percent stake in Kazakh blockJanuary 11th, 2009 NEW DELHI - India's ONGC Videsh may buy a stake of up to 40 percent in an oil block in Kazakhstan, an oil ministry official said Monday. ONGC Videsh, the overseas arm of state-run explorer Oil and Natural Gas Corp., may get a share of 30-40 percent in the Satpayev block in the oil and mineral resources rich Central Asian country, the official official said.
ONGC launches Rs.44-bn project in TripuraJanuary 5th, 2009 AGARTALA - India's premier hydrocarbons exploration company, Oil and Natural Gas Corp (ONGC), has undertaken a Rs.43.76-billion project in Tripura to boost gas output, the company said here Tuesday. 'The investment proposal has been approved to produce and supply six million cubic metres gas per day from the state's gasfields,' ONGC executive director Biplab Guha told reporters.