Fitch projects a 3 per cent-4 per cent increase in India's petroleum product demand for the fiscal year ending in March 2025 (FY25), buoyed by rising consumer, industrial, and infrastructure needs.
According to a press release, the memorandum of understanding (MoU) was signed on 17 June. The Hatta LNG plant is poised to transform the energy dynamics of the Vindhyan Basin, elevating it from a Category II to a Category I Basin, indicative of its enhanced resource potential and economic i
Oil and Natural Gas Corporation (ONGC) announced to engage a globally-proven Technical Service Provider to enhance production from Mumbai High, the company informed in a social media post on Friday.
The consolidated net profit of the company is also highest at Rs 57,101 crore in FY24. The crude oil production of the company has surged by 2.4 per cent quarterly to 5.359 MMT in Q4 FY24.
ONGC posted on X, "#ONGC achieves milestone in FY'24 with a record 541 wells drilled--the highest in over three decades! Our commitment to #India's energy security shines through technology and field services, which are crucial to this achievement. We are proud of our Drilling Services for l
According to S&P Global Commodity Insights (GCI), entities including BPCL, ONGC, HPCL, Reliance Industries, and Nayara Energy have committed substantial investments in petrochemical ventures, signaling a conscious effort to diversify their portfolios beyond traditional refining activitie
Union Minister of Petroleum and Natural Gas and Housing and Urban Affairs Hardeep Singh Puri also announced that the fourth edition of the global conclave in 2026 will be back in Goa at the IPSHEM-ONGC-Training Institute.
According to S&P Global Commodity Insights, Puri highlighted the challenge of ensuring a smooth transition to renewable energy without compromising access to traditional fuel sources.
According to a press release, with a digital exhibit that encapsulates ONGC's commitment to sustainable energy practices, the Energy Maharatna sets a clear vision for the future of energy in India.
On the occasion of India Energy Week 2024 currently underway in Goa, ONGC signed a cooperation agreement with TotalEnergies to carry out methane emissions detection and measurement campaigns using TotalEnergies' pioneer AUSEA (Airborne Ultralight Spectrometer for Environmental Applications)
According to a press release, this renewal marks a continuation of the longstanding partnership between the two entities and underscores India's commitment to secure a stable and reliable supply of liquefied natural gas (LNG) to meet its growing energy needs.