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Tag Archives: ONGC

Oil and Natural Gas Corporation Limited (ONGC) celebrated the 72nd Independence Day at all its work locations across India with patriotic zeal. Addressing the employees from Corporate Headquarters at Dehradun, ONGC CMD Mr Shashi Shanker urged...

By Staff Reporter on Aug 15th, 2018

Oil and Natural gas Corp (ONGC) reported its highest quarterly net profit in over four-and-a-half-years on a sharp rise in prices for oil and gas that it produced. Its net profit of Rs 6,143.88 crore in the first quarter of the 2018-19 fiscal...

By Staff Reporter on Aug 3rd, 2018

Oil and Natural Gas Corporation Ltd, India’s largest oil and gas producer, has been ranked 197 in the coveted Fortune Global 500 list. This ranking has come on the back of robust fiscal and physical performance in FY’18, in-spite of volatile...

By Staff Reporter on Jul 31st, 2018

ONGC has been conferred with INFRA Icon Award in the ‘Global Energy’ category at the mid-day INFRA ICONs Awards 2018. The award,on behalf of Chairman & Managing Director, ONGC was received on July 27, 2018 at Mumbai by Executive Director...

By Staff Reporter on Jul 29th, 2018

Oil and Natural Gas Corporation Ltd. (ONGC) has swept the Dun & Bradstreet PSU Awards 2018. The Energy major has been adjudged winner in four categories viz. ‘Mining & Exploration: Crude Oil’, ‘Mining & Exploration’, ‘CSR’...

By Staff Reporter on Jul 27th, 2018

Oil and Natural Gas Corporation has reported a 12 per cent rise in net profit to Rs 4,416 crore for the quarter ended March 31, 2016 helped by a one-off gain compared to Rs 3,935 crore in the corresponding quarter last year. Highlights: Gross Revenue of Rs. 85,004 crore in FY’18, up 9.1% YoY Final dividend of 27% taking total dividend payout in FY’18...

Consolidated Production of Crude Oil and Oil Equivalent Gas during FY’18 was higher by 11% as compared to previous year. The incremental production was mainly from Vankorneft & Sakhalin-1 projects, Russia; BC-10 project, Brazil; an Exploratory Block CPO-5, Colombia and due to the acquisition of 4% stake in the Lower Zakum Concession project in...

A team of ONGC has successfully summited the third highest and most challenging peak, Mt Kanchenjunga. The first group comprising five ONGC employees completed the mission on 20th May, while the second group of four ONGC employees and one Indian...

By Staff Reporter on May 23rd, 2018

New Delhi: The Appointments Committee of the Cabinet (ACC) has approved the appointment of Utpal Bora, ED, ONGC to the post of Chairman and Managing Director,Oil India Limited for a period not exceeding five years with effect from the date of his assumption of charge of the post, or upto the date of his superannuation,or until further orders,whichever...