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The discoveries named "Amrit" and "Moonga", were made in the blocks that the company won in the recent open acreage licensing rounds

ONGC discovers crude oil and natural gas in 2 blocks in Mumbai offshore

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ONGC strikes gold with two oil and gas discoveries in the Arabian Sea State-owned Oil and Natural Gas Corporation (ONGC) said in a statement that...
The decision came after the fifth fortnightly review of windfall taxes conducted by the Centre

Government reduces tax on domestically-produced crude oil

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Oil slips to six-month low The government on Friday cut the windfall tax levied on locally- produced crude oil from Rs.13,300 per tonne to Rs.10,500...
In Part 2 of our series on Shoddy Defence Deals, we describe the various shell companies used by the blacklisted firm Vectra Group

Blacklisted Vectra Group, promoted by Ravi Rishi & Sanjay Bhandari operates through Shell firms...

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The Pandora’s Box of shoddy defence deals in India by the London-based blacklisted Vectra Group promoted by Ravi Rishi and fugitive Sanjay Bhandari has...
Several global energy giants like Exxon, BP, and Total among others are gradually focusing on green energy businesses

ONGC to invest up to Rs.1 lakh cr to scale up renewable energy capacity...

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ONGC's ambitious plan aligns with the Centre's goal of net zero carbon dioxide emissions by 2070 State-owned Oil and Natural Gas Corporation Ltd (ONGC) plans...
Poor Monsoon could slow down Disinvestment

Poor monsoon could derail disinvestment plan

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Navin Upadhyay Summary: A Poor monsoon could lead to a downward correction in the stock market US Fed rate increase could lead to a flight of capital...
ITG researchers develop system based on the application of artificial intelligence/ machine learning to reduce non-productive time during exploration and drilling projects in the oil and gas industry

IIT Guwahati, IDT ONGC sign technology licensing agreement with Softdrill Solutions

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IIT Guwahati succeed in exploring a new method for drilling of oil & gas well A novel decision support system has been developed by the...
EP 222 | Daily Global Insights | Aug 11, 2021 | Global News | US News | India News | Markets

EP 222 | Daily Global Insights | Aug 11, 2021 | Global News |...

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Sridhar Chityala: Good morning. Today is Aug 11th, welcome to Daily Global Insights with Sri and Sree. Welcome to episode number 222. As is...

China or India: Difficult choice for new Myanmar government

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Even as the Aung San Suu Kyi-led National League for Democracy (NLD) is expected to form a new government in Myanmar, China has lost...

India will supply 100 MW electricity to Bangladesh from Dec 16

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In yet another sign of warming ties and growing cooperation, India will start supplying 100 MW of electricity to power-starved Bangladesh from December 16,...

Mangalore Refinery reduces net loss in Q2

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PerformanceGurus Staff Mangaluru, Oct 29 State-run Mangalore Refinery and Petrochemicals Ltd (MRPL) posted net loss of $138.851 million for second quarter of 2015-16, reducing it...

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