Bs Reporter / New Delhi September 26, 2008, 0:20 IST

Oil and Natural Gas Corporation (ONGC), India

NEW DELHI: Petroleum Secretary R. S. Pandey on Thursday ruled out raising the price of gas produced from the fields operated by the state-run firms like Oil and Natural Gas Corporation and Oil India.

Pune, September 23 In what could prove to be a path-breaking discovery for the oil exploration and production business, scientists at Agharkar Research Institute (ARI), Pune have identified environment friendly bacteria that allows extraction of oil at temperatures more than 90 degrees Celsius.

To invest $5 b in developing gas finds in the Eastern offshore KG basin blocks

SETTING SIGHTS HIGH: R. S. Sharma (right), Chairman and Managing Director, ONGC, with A. K. Balyan, Director (Human Resource), addressing the media in New Delhi on Friday.

Maulik Pathak / Ahmedabad September 17, 2008, 0:54 IST

After unveiling its plans to harness wind energy, ONGC, the country's leading crude and gas producer, now plans to foray into solar and geothermal energy.

The company is in talks with four companies, including a US-based firm, for setting up a photovoltaic (PV) cells unit.

The oil and gas major is also exploring geothermal energy for which it is in talks with Iceland government. All these projects will be carried out under its ONGC Energy Centre housed at Rajiv Gandhi Urja Bhavan, New Delhi.

Samudra Gupta Kashyap

Guwahati, August 28: Six days after a strike called by a student body over alleged damage to a protected monument brought drilling operations in Upper Assam to a grinding halt, the Oil and Natural Gas Corporation (ONGC) has offered to take up protection and conservation of all historical sites in Sivasagar district to resolve the crisis.

After 6 yrs of talks, India seals free trade pact with Asean, effective New Year CPM tells Buddha in case he forgot: strike a basic rightTawang monastery seeks World Heritage tag Govt doctors fight hard to undo eye surgery damage

Rakteem Katakey / New Delhi August 27, 2008, 0:33 IST

Cairn India, a subsidiary of the UK-based Cairn Energy, may produce up to 71 per cent more oil from the Rajasthan field, according to a top company executive.

The Rajasthan field is the largest oil find in the country after Oil and Natural Gas Corporation's (ONGC) Bombay High discovery in 1974. ONGC holds 30 per cent in the block.

ON A HIGH

# ONGC holds 30% in the block
# ONGC and Cairn India have written to the government to benchmark the price to a variety of oil produced in Indonesia

Sinopec has made an approach to Imperial Energy, the London-listed oil and gas explorer, which could derail takeover talks between the UK group and India's ONGC.

The Chinese state-owned oil group, also known as China Petroleum & Chemical Corporation, made an approach to Imperial last week and is in the process of conducting due diligence on a formal offer.

Abhineet Kumar / Mumbai July 29, 2008, 0:02 IST

Reliance Industries and Oil & Natural Gas Corp (ONGC), two of India's biggest oil explorers, failed to benefit from record crude oil prices in the first six months of this year as the availability of rigs declined during the period. This, consequently, forced the companies to drill less.

Rakteem Katakey / New Delhi July 25, 2008, 0:20 IST

Oil and Natural Gas Corporation (ONGC), the country's largest oil and gas producer, plans to enter uranium mining in alliance with public-sector Uranium Corporation of India, aiming to tap the business opportunity from nuclear fuel shortage in Asia's third largest economy.

ONGC is aligning with Uranium Corporation as the latter is the only entity allowed to undertake uranium mining in India, and has the power to allot mining leases to others like ONGC, said two analysts tracking the nuclear industry.