Ajay Modi / New Delhi March 1, 2010, 0:12 IST

OMCs also worried at seeming setback to any early move to cut underrecoveries on retailed fuel.

Proposal will bring down the burden of oil companies

As Government mulls hiving off Oil and Natural Gas Corp

Byju Aryad

KOCHI: The Oil and Natural Gas Corporation (ONGC) has officially announced that the drilling off Kochi in the Kerala-Konkan basin, the oil well KK4C-A at a distance of 70 nautical miles from the coast, was abandoned and added that efforts to extend the exploration in the basin will continue.

Ajay Modi & Jyoti Mukul / New Delhi January 16, 2010, 0:32 IST

Oil and Natural Gas Corporation (ONGC) is in favour of full market price parity for retail sales of petrol and partial burden sharing by consumers of diesel, LPG and kerosene. The company has also suggested a formula for sharing the burden of an increase in crude oil prices beyond $60 a barrel.

As a commodity, natural gas is increasingly in demand in India. Natural gas presently constitutes about 10% of the country

AGARTALA, Dec 29: Public sector exploration major Oil and Natural Gas Corporation (ONGC) has found a huge gas deposit in Tripura, officials said here on Tuesday.

NEW DELHI: State-run Oil and Natural Gas Corporation (ONGC) has announced that it has made two gas discoveries. The company has found gas in the well GK-28-1 drilled in the Kutch offshore block-1 in western offshore, according to an ONGC statement here.

GUWAHATI, Dec 20: The Oil and Natural Gas Corporation (ONGC), the one of the major player of the country in energy sector which contributes 77 per cent of India


The powerful Alltudents Union has Assam Students Union has threatened to launch 96hour oil blockade to oppose the proposed selloff of Assam's oil field to private firms by Oil and Natural Gas Corporation (ONGC).