Category: Oil and Natural Gas Corporation

In a big push for India’s energy security, the state-owned Oil and Natural Gas Corporation (ONGC) has discovered two significant natural gas reserves in the Mahanadi basin block in the Bay of Bengal. With this, the company’s efforts to venture into high-risk deep-water exploration have started yielding results.

…
Read More…

Source: https://www.livemint.com/industry/energy/in-a-big-push-to-indias-energy-security-ongc-makes-two-significant-gas-discoveries-in-mahanadi-basin-block/amp-11705238333129.html

NEW DELHI: State-owned Oil and Natural Gas Corporation (ONGC) has made two significant back-to-back natural gas discoveries in a Mahanadi basin deepwater block in the Bay of Bengal as its calculated game plan of venturing into high-risk deep water exploration starts yielding results. The firm made the discoveries in the block MN-DWHP-2018/1, which it had won in the third round of auction under the open acreage licensing policy in 2019, two sources with direct knowledge of the development…
Read More…

Source: https://timesofindia.indiatimes.com/india/ongc-makes-back-to-back-gas-discoveries-in-mahanadi-basin-block/articleshow/106834549.cms?from=mdr

The benchmark equity indices ended Friday’s trading session higher after recording a fresh lifetime intraday high. The NSE Nifty 50 gained 247.35 points or 1.14% to settle at 21,894.55 points. While S&P BSE Sensex closed 847.27 points higher or 1.18% to settle at 72,568.45 points. Nifty Bank ended higher by 271.45 points or 0.57% to settle at 47,709.80 points.

The broader indices ended in positive territory, with Nifity 50 and Nifty 100 stocks leading the gains. On the sectoral front, IT…
Read More…

Source: https://www.financialexpress.com/market/markets-hit-record-high-nifty-closes-near-21900nbsp-top-gainers-on-january-12-include-infosys-ongcnbsp-while-media-healthcare-among-key-losers-3363098/lite/

AMALAPURAMTransport Minister Pinipe Viswaroop and Amalapuram MP Chinta Anuradha on Friday inaugurated a 60,000-litre capacity overhead storage tank at Godi and Tummalapalli village in Allavaram mandal of Dr. B.R. Ambedkar Konaseema district. Oil and Natural Gas Corporation (ONGC-Kakinada) has funded the project under Corporate Social Responsibility for supply of safe drinking water through the Water Grid Project.
This is a Premium article available exclusively to our subscribers. To…
Read More…

Source: https://www.thehindu.com/news/national/andhra-pradesh/ongc-funded-drinking-water-project-inaugurated/article67735018.ece/amp/

By Our Reporter
SHILLONG, Jan 10: The state’s Power Department has signed a memorandum of understanding (MoU) with ONGC’s Tripura Power Company Ltd (OTPC) for the development of a Pump Storage Hydro Power Project, both large and small hydroelectric power projects, and pioneering solutions such as floating solar projects.These initiatives align with global trends in renewable energy and aim to bolster the region’s power infrastructure.Power Minister AT Mondal, who attended the MoU…
Read More…

Source: https://theshillongtimes.com/2024/01/11/pact-with-ongc-aims-to-bolster-power-sector/