Tag: Oil and Natural Gas Corporation

ONGC puts mature oil, gas fields on block

New Delhi: State-owned ONGC has invited bids from global oil and gas companies for undertaking work to boost production from its ageing fields as it...

Why ONGC stock may remain a laggard despite stable production guidance

ET Intelligence Group: At a time when companies are refraining from issuing guidance, ONGC, India’s largest oil exploration company, has emerged as an exception. Despite...

Petronet CEO gets 27% salary raise in FY20; search launched for new chief on modified terms

NEW DELHI: India’s biggest gas importer Petronet LNG Ltd gave its outgoing chief executive Prabhat Singh a record 27 per cent rise in remuneration in...

No divestment yet against target of Rs 2.1 lakh crore for 2020-21; officials blame Covid

New Delhi: Almost five months into the financial year, the department of investment and public asset management (Dipam) is yet to open its account, although...

Centre plans ‘Heavy’ penalty on OIL for environmental damage

NEW DELHI: The Centre is likely to impose ‘heavy’ costs on Oil India Limited (OIL) as compensation for the extensive environmental damage caused by an...

Why is Sensex falling: Sensex tumbles 800 points: Here’s what’s driving market lower

NEW DELHI: Domestic benchmark indices tumbled in the opening trade on Friday, following US and Asian peers that fell on the worries over resurgence in...