Oilfield Privatisation Plan Runs Into ONGC Wall

Oilfield Privatisation Plan Runs Into ONGC Wall

An association of officers of state-owned Oil and Natural Gas Corporation (ONGC) has sought the intervention of Prime Minister Narendra Modi to stave off the government’s plans to privatise 15 identified oil and gas fields.

Oilfields’ Privatisation Aimed At Raising Domestic Output: DGH

Oilfields’ Privatisation Aimed At Raising Domestic Output: DGH

The chief of the Directorate General of Hydrocarbons has said the government is following a transparent method to pick state firms’ oilfields for privatisation with a single aim of raising local output, rebutting ONGC executives’ charge that the government is not being fair in proposing to take away its fields.

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