Shashi Shankar Appointed Chairman And Managing Director Of ONGC
Shashi Shanker was today appointed as the chairman and managing director (CMD) of India’s biggest oil and gas producer ONGC.
India’s eighth sedimentary basin to go live in 2 years
The state-owned Oil and Natural Gas Corporation (ONGC) will open up Indias eighth sedimentary basin — the first in over three decades
Centre pays Gujarat, Assam Rs 22,000 crore royalty to bail out ONGC, OIL
The government has bailed out state-owned oil producers Oil and Natural Gas Corp (ONGC) and Oil India from a potential liability of about Rs 22,000 crore in royalty dues to states like Gujarat and Assam.
Gas exploration to continue despite tough pricing scenario: ONGC
Dinesh K Sarraf, Chairman of the Oil and Natural Gas Corporation (ONGC), said on Thursday that while the state-run firm would continue to invest in gas exploration, it was getting increasingly difficult owing to the “tough” pricing scenario.
