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The Latest Breaking News from ONGC

Reliance Industries shares fall 3%; ONGC, Vedanta too decline

NEW DELHI: Shares of Reliance Industries fell nearly 3 per cent on Thursday after the government raised the tax on export of diesel and jet fuel (ATF) and hiked the windfall profit levy on domestically-produced crude oil.

The Times of India

Morning Digest | Indian mission in Sri Lanka slams Chinese Ambassador’s remarks on vessel visit; CWC to meet today to discuss party poll schedule; and more

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The Hindu

‘ONGC lost ₹200 crore due to agitations, agri zone enactment’

: ONGC has lost ₹200 crore due to continuous agitations by “vested interest” groups and the enactment of the Tamil Nadu Protected Agricultural Zone Development Act, 2020, according to Anurag, Executive Director, Asset Manager, Cauvery Asset.

The Hindu

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Oil Ministry to divert gas from industries after CNG, piped gas prices jump 70% in a year

Use of domestic gas instead of imported fuel will bring down the cost of raw material and ease CNG and PNG rates, officials said.

The Hindu

Andhra Pradesh: National Green Tribunal orders ONGC to pay ₹22 cr. to APPCB

GAIL ordered to operate units in strict compliance with norms

The Hindu

‘No hydrocarbon projects shelved in delta districts of T.N., A.P.’

CHENNAI

The Hindu

ONGC ties up with Greenko for green hydrogen foray

NEW DELHI: State-run ONGC is planning a joint venture with Hyderabad-based renewables major Greenko group for foraying into the green hydrogen and green hydrogen derivatives market.

The Times of India

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Reliance Industries shares climb over 4%; ONGC jumps 7%

NEW DELHI: Shares of firms related to oil exploration and refineries were in heavy demand on Wednesday, with Reliance Industries and ONGC rallying after the government slashed windfall tax on petrol, diesel, jet fuel and crude oil.

The Times of India

IIT Madras develops life cycle management system for ONGC

The structural integrity management system developed by the Ocean Engineering department of the IIT Madras will help ONGC in extending the life of its equipment in offshore oil platforms

The Hindu

June 28 tragedy: ONGC staff battled rough seas for 2.5 hours before they were pulled out, say sources

MUMBAI: A delayed rescue operation in inclement weather may have cost four lives after a Pawan Hans helicopter made an emergency landing near an ONGC rig last month, reports Manju V. When the chopper landed off Mumbai High on a rough sea, the occupants managed to unfasten seat belts, open…

The Times of India

Govt slaps windfall tax on fuel exports, domestic crude

NEW DELHI: The government on Friday taxed petrol, diesel and jet fuel exports to discourage overseas sales by private refiners Reliance Industries and Nayara Energy without first meeting domestic commitments and levied additional duty on domestic crude to mop up part of the windfall gains from elevated prices caused by…

The Times of India

PSU refiners to lose monopoly over domestic crude from October 1

NEW DELHI: Domestic producers will be free to sell crude from their fields to government and private refineries from October 1, ending the historical monopoly of state-run refiners over domestic crude.

The Times of India

4 die as Pawan Hans helicopter headed for oil rig off Mumbai coast lands at sea, goes down

MUMBAI: Four of the nine occupants of a Pawan Hans helicopter died after the aircraft, carrying ONGC officials to an oil rig in Bombay High, made an emergency landing in the Arabian sea on Tuesday.

The Times of India

Four dead after Pawan Hans chopper makes emergency landing in Bombay High

MUMBAI: Four people were killed after a Pawan Hans helicopter with nine on board made an emergency landing on the Arabian sea on Tuesday.

The Times of India

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The Hindu

Four dead as ONGC chopper falls into sea off Mumbai

Helicopter crashed near the ONGC’s Sagar Kiran rig.

The Times of India

Govt to pursue $3.85 billion recovery from Reliance, partners

NEW DELHI: The government on Monday said it will pursue recovery of $3.85 billion from Reliance Industries and its partners in the Panna/Mukta and Tapti oil and gas fields case and is mulling an appeal against an English court order over cost recovery dispute in the same fields.

The Hindu

Data | India’s downturn in domestic crude oil production persists

India depends on imports to meet 85% of its crude oil needs, and its ageing oil wells are a major hiccup in the country’s ambition to reduce import reliance

The Times of India

ONGC seeks permission from Bihar govt to conduct oil exploration in Buxar, Samastipur

PATNA: Bihar may soon be recognised as a mineral rich state as several fresh explorations for assessing presence of minerals are set to commence over the next few months.

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The Hindu

VMC gets manhole cleaning robot

OGNC presented the machine worth Rs. 39.5 lakh to VMC

The Times of India

India's crude oil production falls 1% in April

NEW DELHI: India's crude oil production fell 1 per cent in April after lower output from fields operated by the private sector wiped away gains by state-owned firms such as ONGC, official data showed Tuesday.

Benzinga

India State-Owned Energy Firm Considers Raising Stakes In Russian Oil Fields Amid Ukraine Invasion

While countries worldwide have imposed sanctions and withdrawn trade deals with Russia after it invaded Ukraine, India seems to be taking advantage of the situation to ramp up its energy assets.

The Hindu

Morning Digest | Ministry asks health facilities to be ready for soaring temperatures; Moon not sighted, Eid-ul-Fitr to be celebrated on May 3, and more

A select list of stories to read before you start your day

The Hindu

Congress raises questions over Pawan Hans disinvestment, asks why merger with ONGC not explored

The Finance Ministry on Friday said Star9 Mobility Pvt Ltd will buy the government's 51% stake in helicopter services provider Pawan Hans Ltd

Dynamite News

Senior IRTS officer Ranjan Prakash Thakur assumes charge as Chief Vigilance Officer of ONGC

Ranjan Prakash Thakur, an Indian Railway Traffic Service (IRTS) officer of 1990 batch has taken charge as Chief Vigilance Officer (CVO) of the country's Maharatna company Oil and Natural Gas Corporation (ONGC). Full details on Dynamite News:

The Times of India

Star9 Mobility to buy 51% govt stake in Pawan Hans for Rs 211.14 crore

NEW DELHI: A government panel on Friday approved the privatisation of state-run helicopter services provider Pawan Hans Ltd (PHL) accepting the highest bid of Rs 211.14 crore from a consortium — Star9 Mobility Private Ltd — which has promised to turn the losing making entity into a on demand helicopter…

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