In major milestone for India’s offshore energy exploration, ONGC strikes gas in Mahanadi Basin, 43 km off Odisha coast; proximity could enable faster monetisation if commercially viable

The discovery was made on September 18 at the MN-DW18-1-H-D well in the Mahanadi Offshore Basin.…

ONGC gets US licence to expand Venezuela operations, boost oil output and investments

ONGC gets US nod to step up Venezuela operations State-run Oil and Natural Gas Corporation (ONGC)…

ONGC, Shell Energy India sign MoU to explore deepwater blocks, LNG sourcing opportunities

ONGC, Shell Energy India set to explore deepwater blocks, LNG sourcing opportunities Oil and Natural Gas…

India building strategic oil reserves: ONGC board approves plan for 1.75-million-tonne storage capacity

ONGC said the proposed facility, along with related infrastructure, will be developed as the Phase-I expansion…

Why ONGC is eyeing two oilfields in Venezuela; in talks with state-run oil company PDVSA, seeks US approval

Any acquisition would depend on ONGC obtaining a licence from US authorities permitting it to operate…