Adding another feather to its decorated cap, Oil and Natural Gas Corporation Limited (ONGC) bagged four major honors in the Dun & Bradstreet (DNB) PSU Awards 2019. On 22 August 2019 DNB awarded Energy Maharatna ONGC with four awards – two for exploration and one each in CSR and Swachh Bharat. Dun and Bradstreet is … Continue reading ONGC Sweeps Dun & Bradstreet PSU Awards, Bags 4 in Maharatna Category
Raw petroleum Deals Understanding (COSA) was recharged between vitality real Oil and Gaseous petrol Enterprise (ONGC) and Bangalore Treatment facility and Petrochemical Restricted (MRPL) on 3 August at Bangaluru. This reestablishment will further reinforce the connection of the parent organization and its auxiliary. The beginning of this COSA was before the first ever COSA that … Continue reading ONGC, MRPL consent to Crude Oil Sale Arrangement; take connection to more prominent statures
Mr Rajesh Kumar Srivastava took charge as the new Director (Exploration) of energy major Oil and Natural Gas Corporation (ONGC) Limited on 2 August 2019. He takes over the reins of exploration of India's flagship explorer upon superannuation of Mr A K Dwivedi on 31 July. A post graduate from Lucknow University, with a Masters … Continue reading R K Srivastava takes charge as ONGC Director (Exploration)
ONGC and its Chinese and Malaysian partners have decided to exit their oil blocks in Sudan, frustrated by the years of reluctance by the Sudanese government to pay for the oil it lifts from these blocks. ONGC has been engaged in an arbitration with Sudan for more than a year to recover its oil dues … Continue reading ONGC, Its Partners Likely To Exit Oil Blocks in Sudan – The Economic Times
Oil and Natural Gas Corporation Limited (ONGC) signed a MoU with Indian Oil Corporation Limited (IOCL) on 1 July 2019 for CO2 based Enhanced Oil Recovery (EOR) by injecting CO2 captured from IOCL’s Koyali refinery. The MOU eyes to reduce India’s carbon emission targets as set forth in COP21, while enhancing production from domestic fields. … Continue reading ONGC Join Hands with Indian Oil to Reduce Carbon Emission, Enhance Oil Recovery
Govt of India promoted Swachhta Mission inspired by vision of Mahatma Gandhi and transformed into a nationwide awakening by Prime Minister Shree Narendra Modi, has truly provided responsible corporate like ONGC a newer ground to showcase its commitment towards societal progress. Swachhta Pakhwada, a fortnight of demonstrative promotion of this noble cause of making every … Continue reading ONGC Breaks Newer Grounds in Promoting Cleanliness, Hygiene and Health
ONGC organized yoga camps in majority of its work centers today to mark the first International Yoga Day, envisioned by the Hon'ble Prime Minister Mr Narendra Modi and later passed through a resolution by the United Nation. Responding to the call of the Government, ONGC employees and their family members participated in huge numbers in … Continue reading ONGCians Respond to PM’s Clarion Call, Participate Enthusiastically in International Yoga Day
Highlights: Highest ever Gross Revenue of INR 1,09,655 crore in FY’19, up 29% YoY Final dividend of 15% taking total dividend in FY’19 to 140% 13 discoveries in FY’19 5.4% increase in Gas production from ONGC operated fields VAP Production up by 7.6% Highest ever Consolidated Net Profit (PAT) INR 33,887 Crore, up 30% YoY … Continue reading ONGC posts highest ever net profit of INR 26,716 crore for FY’19, up by 33.9% YoY
A section of press has raised concerns over ONGC’s ability to meet its working capital requirements as well as its capital and operating expenditure. ONGC reaffirms that it has a strong financials in place to finance its projects both ongoing as well as upcoming ones. The company’s operational plans and expenditure thereon has also been … Continue reading ONGC Reaffirms Its Strong Financial Position
In accordance with the ‘Pradhan Mantri Gramin Digital Saksharta Abhiyan’ (PMGDISHA) and as per the directive of CMD and Director (Finance) ONGC, it has been mandated that any payment which is made to the vendors should be through ECS. ECS is an electronic clearing system that facilitates paperless credit / debit transaction directly linked to … Continue reading ONGC Mehsana Facilitates ECS Payment for Farmers
ONGC 
You must be logged in to post a comment.