FinMin open to idea of disinvestment in SBI, ONGC: Report
The minister further said the government is not against the idea of holding a minority stake in key strategic public sector companies.
The minister further said the government is not against the idea of holding a minority stake in key strategic public sector companies.
Oil and Natural Gas Corporation (ONGC) will set up a new unit to house its gas business and clean energy projects such as green hydrogen, as it looks to fast-track foray into new areas.
ONGC has started producing from the Cluster-2 project in KG-DWN-98/2 block and will slowly ramp up output.
ONGC has started producing from the Cluster-2 project in KG-DWN-98/2 block and will slowly ramp up output.
India's state-controlled Oil and Natural Gas Corporation (ONGC) on Sunday kicked off oil production from its flagship deep-water project in the Krishna Godavari basin offshore the nation's eastern coast.
ONGC will address the challenges faced by the artisans and the art and handicraft forms, thereby improving the rural livelihoods associated with the handicrafts and handloom sectors.
The Indian Navy, along with the Coast Guard and the ONGC, are continuing with extensive search and rescue operations for the crew members who are still missing.
ONGC said its employees have been at the forefront of combating the pandemic since its onset in March 2020.
Oil Industry Development Cess at the rate of 20% ad valorem is applicable on crude oils produced from pre-NELP blocks and at present, there is no such proposal to amend the rate of cess.
The SPSHA was signed in the presence of Secretary, Ministry of Petroleum & Natural Gas Tarun Kapoor and ONGC CMD Shashi Shanker at Shastri Bhawan, New Delhi.