Tag Archives: ONGC

India’s ONGC FY10 output may be lower than target

India’s ONGC FY10 output may be lower than target
NEW DELHI, March 15 (Reuters) – Indian explorer Oil and Natuarl Gas Corp’s domestic oil output is seen at 24.9 million tonnes in the current financial year ending March 31, lower than the 25.76 million tonnes target, an official said.

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No plans to sell stake in ONGC, IOC: Govt

No plans to sell stake in ONGC, IOC: Govt
The government is not considering selling equity in Indian Oil Corp (IOC) and Oil and Natural Gas Corp (ONGC), Petroleum Secretary S Sundareshan said on Wednesday.

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India’s ONGC to invest $5.8 bln in FY11-jr oil min

India’s ONGC to invest $5.8 bln in FY11-jr oil min
NEW DELHI, March 9 (Reuters) – India’s state-run Oil and Natural Gas Corp (ONGC) plans to invest 265.23 billion rupees ($5.8 billion) in the 2010/11 financial year in exploration activities, a rise of 7.3 per cent from the current year, junior oil minister said on Tuesday.

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India’s ONGC May Borrow $10 Billion to Buy Assets, Sharma Says

India’s ONGC May Borrow $10 Billion to Buy Assets, Sharma Says
March 8 (Bloomberg) — Oil & Natural Gas Corp. , India’s biggest energy explorer, may borrow $10 billion over the next decade as it competes with rivals from China and South Korea to buy oil assets overseas to meet domestic fuel demand.

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India’s ONGC May Borrow $10 Billion to Buy Assets (Update2)

India’s ONGC May Borrow $10 Billion to Buy Assets (Update2)
March 8 (Bloomberg) — Oil & Natural Gas Corp. , India’s biggest energy explorer, may borrow $10 billion over the next decade as it competes with rivals from China and South Korea to buy oil assets overseas to meet domestic fuel demand.

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India’s ONGC May Borrow $10 Billion to Buy Assets (Update1)

India’s ONGC May Borrow $10 Billion to Buy Assets (Update1)
March 8 (Bloomberg) — Oil & Natural Gas Corp. , India’s biggest energy explorer, may borrow $10 billion over the next decade as it competes with rivals from China and South Korea to buy oil assets overseas to meet domestic fuel demand.

Read more on Bloomberg

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