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Articles 121 through 220 of 500:
- High Subsidy Payouts A Cause For Concern: Ongc Chief (Hindu, Sujay Mehdudia, Jul 06, 2007)
‘Will strive to work to reverse the trend of declining production’
Highest reserve accretion in 13 months
Co. made discoveries in Egypt and Iran
- Rs Sharma Takes Over As Ongc Chairman (Pioneer, Correspondent or Reporter, Jul 05, 2007)
RS Sharma has formally taken over charge as regular CMD, ONGC, pursuant to orders issued by Government of India on Wednersday.
- Sensex Closes At 14,880.24 (Times of India, Correspondent or Reporter, Jul 05, 2007)
The market closed mixed Wednesday. Though the Sensex posted modest gains, market breadth showed a negative bias. The Nifty ended flat.
- Ongc Plans To Spend Rs 100 Billion Over 5 Years (New Indian Express, Correspondent or Reporter, Jul 04, 2007)
Oil and Natural Gas Corporation has set up investment plans to spend Rs 100 billion ($2.5 billion) over next five years to help maintain output from its ageing fields, a top official revealed.
- R.S. Sharma Confirmed As Ongc Chief (Hindu, Sujay Mehdudia, Jul 04, 2007)
Almost 13 months after having taken over as the acting Chairman and Managing Director of the Oil and Natural Gas Corporation (ONGC), R.S. Sharma was on Tuesday formally appointed to lead the organisation. He will head the company till 2011.
- Assam Protests Over Us Firm (Asian Age, Manoj Anand, Jul 03, 2007)
Political parties in Assam are up in arms over the American multinational company Halliburton seeking entry into the oilfields of Assam, through the Oil and Natural Gas Commission, for oil and natural gas exploration.
- Align Domestic Crude Prices To Global Rates (The Economic Times, Editorial, Economic Times, Jul 03, 2007)
ONGC, India’s main oil producer, has reported steep drop in operating profit and gross realisations in its latest quarterly results. The reason, in the main, is the warped subsidy policy and rising price discounts by fiat on its crude oil output.
- Ongc To Invest Rs 11,000 Crore For Mumbai High Redevelopment (New Indian Express, Correspondent or Reporter, Jul 03, 2007)
In order to reverse the declining trend in production in the Mumbai High oilfields, India's largest oil field Oil and Natural Gas Corp (ONGC) is planning an Rs 11,000 crore investment for redevelopment of its prime but ageing oilfield.
- Energy Fears, And A War To Prove It (Deccan Herald, Editorial, The Deccan Herald, Jul 02, 2007)
A report by the US Department of Energy, concluded that without a crash programme of mitigation 20 years before the event, the economic and social impacts of the oil peak would be unprecedented....
- The Making Of A Banking Hub (Singapore Times, Anand Kumar, Jul 02, 2007)
India's buoyant banking sector, growing at nearly double the rate of the country’s gross domestic product (GDP), has worked up a huge appetite for funds.
- Rajasthan Committed To Setting Up Refinery: Raje (Hindu, Correspondent or Reporter, Jun 28, 2007)
Amid reports that the Centre has shelved plans to build a refinery in Rajasthan to process crude oil found in Barmer district, Chief Minister Vasundhara Raje has affirmed that the State commands a “fair position” to hoist the refinery and said the . . .
- Sensex Ends 70 Pts Down (Pioneer, Correspondent or Reporter, Jun 28, 2007)
Stock market on Wednesday closed lower on selective selling in shares from metal, bank and auto sectors, although IT blue-chips reversed their recent downslide after the US dollar showed some strength against the rupee.
- Move Fast On Oil Sector Rules (The Economic Times, Editorial, Economic Times, Jun 27, 2007)
Cairn, a small Scottish company, which has a knack of striking oil in India, has discovered that locating the stuff was the easy part. Selling it is turning out to be altogether more difficult.
- Oil Market Is Basically All About Psychology (Business Line, Editorial, Business Line, Jun 27, 2007)
The Government is planning to convene a bilateral meeting with Pakistan on June 27, followed by a trilateral meeting between India, Pakistan and Iran on June 29, on the issue of the Iran-Pakistan-India gas pipeline to transport natural gas.
- Iraq War’S Casus Belli — Peak Oil (Hindu, Editorial, The Hindu, Jun 27, 2007)
In a world of looming fuel shortage, Britain and the U.S. formalised their energy fears with a war.
- Ongc Net Highest Ever Despite Fall In Q4 Profits (Indian Express, Correspondent or Reporter, Jun 26, 2007)
India’s highest profit generating company ONGC having a market cap of Rs 196,049 crore today declared a record turnover of Rs 56,904 crore in the financial year 2006-07. This is an increase by 18 per cent over its previous year performance.
- New High In Ongc Annual Profit (Hindu, Correspondent or Reporter, Jun 26, 2007)
The Oil and Natural Gas Corporation (ONGC) on Monday announced a 13 per cent decline in its net profit for the January-March quarter. However, its 2006-07 net profit rose to a new high of Rs. 15,643 crore.
- Ongc Plans Mega Capex Spending (Deccan Herald, Correspondent or Reporter, Jun 26, 2007)
State-owned oil exploration major Oil & Natural Gas Corporation Limited (ONGC) plans to make an investment of Rs 1,21,318 crore during Eleventh Plan (2007-2012).
- Ongc Net Profit Dips 13% In Q4 On Subsidy Burden (Business Line, Correspondent or Reporter, Jun 26, 2007)
On a slick path
Co had to shell out $22-a-barrel discount to refiners in 2006-07
Net profit for March fiscal up 8% despite highest-ever subsidy payment
Resource scarcity, gas pricing and high attrition are some of major concerns
- Vietnam To Seek Energy Cooperation (Hindustan Times, Correspondent or Reporter, Jun 26, 2007)
Vietnamese Prime Minister Nguyen Tan Dung will seek enhanced energy cooperation, including in the field of nuclear energy, when he visits New Delhi from July 4 to 6.
- Oil’S Not Well (Hindustan Times, Editorial, HindustanTimes, Jun 26, 2007)
So are we running out of our ‘black gold’ stocks? This is one of the most vexing questions before a nervous world where the view seems to be gaining ground that oil supplies may dry up in the not-too-distant future.
- Re-Regulation Of The Oil Sector (The Financial Express, Editorial, Financial Express, Jun 16, 2007)
Flashback to the period 1994 to 1998. The government sets up a committee to deliberate on the liberalisation of the petroleum sector.
- 2 Indians Kidnapped In Nigeria (Tribune, Correspondent or Reporter, Jun 16, 2007)
Gunmen seized two Indians and three other foreign hostages today in Nigeria’s restive southern oil heartland, grabbing the expatriate workers in two separate incidents, officials said.
- The Growing India-Brazil Axis (Asia Times, Correspondent or Reporter, Jun 16, 2007)
While their shared ambitions of getting permanent seats on the United Nations Security Council brought India and Brazil together, their common aspirations of becoming global powerhouses has contributed to the two countries joining hands to energize . . .
- Expect Oil To Run Out Sooner, Say Scientists (Tribune, Daniel Howden, Jun 15, 2007)
Scientists have criticised a major review of the world’s remaining oil reserves, warning that the end of oil is coming sooner than governments and oil companies are prepared to admit.
- Iran To Build 5 Refineries Across Asia (Singapore Times, Correspondent or Reporter, Jun 12, 2007)
Oil-rich Iran on Monday announced it will help build five new refineries across Asia including China with a total capacity of 1.1 million barrels per day in a bid to bolster ties in the region.
- Secretive Pm, Suspect Deals (Pioneer, G Parthasarathy, Jun 11, 2007)
India's foreign policy in the years following the Soviet Union's collapse was skilfully crafted by the PV Narasimha Rao Government.
- Ongc Mittal To Rope In Total (Times of India, Correspondent or Reporter, Jun 11, 2007)
The Nigerian government is vetting a proposal from ONGC Mittal Energy Ltd, an equal joint venture between state-owned Oil and Natural Gas Corporation and steel tycoon LN Mittal, to take Total of France as a minority partner in two offshore acreages . . .
- An Amendment Redefining `India' (Business Line, T. C. A. Ramanujam , Jun 09, 2007)
The amendment needs clarification in the light of provisions of international law.
- Ongc Strikes Oil, Gas (Hindu, Correspondent or Reporter, Jun 08, 2007)
Oil and Natural Gas Corporation (ONGC) on Thursday announced that it had made five new oil and gas discoveries in the Eastern offshore and Northeast with the most significant being a gas discovery in the Mahanadi basin block where 3-4 trillion . . .
- Sovereign Bonds Can Wait A While (The Economic Times, Editorial, Economic Times, Jun 07, 2007)
It is not unknown for government policies to work at cross-purposes with each other. Hence it is not entirely surprising that one arm of the government should be toying with the idea of raising a sovereign bond overseas even as another is . . .
- Common Concerns (Deccan Herald, Editorial, The Deccan Herald, Jun 07, 2007)
An array of agreements covering oil exploration, trade, space and education has been signed by India and Brazil during the three-day visit of Brazilian President Luiz Inacio Lula da Silva to India.
- Panel For Sharma As Ongc Chief (Hindu, Sujay Mehdudia, Jun 07, 2007)
The search committee of the Petroleum and Natural Gas Ministry has recommended the name of the acting chairman of Oil and Natural Gas Corporation (ONGC) R. S. Sharma as CMD.
- Ongc, Petrobras Sign Agreement (Hindu, Correspondent or Reporter, Jun 05, 2007)
Oil and Natural Gas Corporation (ONGC) and Brazilian oil company Petroleo Brasileiro SA (Petrobras) on Monday signed an agreement that will give the two companies stakes in each other's exploration blocks.
- India, Brazil Consolidate Strategic Ties (Hindu, Correspondent or Reporter, Jun 05, 2007)
Reiterate common stand on climate change, U.N. reform, WTO
- India, Brazil Sign Pacts On Oil, Space (Deccan Herald, Correspondent or Reporter, Jun 05, 2007)
As many as seven agreements and MoUs covering diverse fields, including oil, space and education were signed by both the countries.
- India And Brazil Float Ceos Forum (Deccan Herald, Correspondent or Reporter, Jun 05, 2007)
The Indo Brazilian CEO Forum, which was formally formed by Prime Minister Manmohan Singh and Brazilian President Lula da Silva, will include business communities of both the countries.
- India, Brazil Agree On Peaceful Use Of N-Energy (Indian Express, Correspondent or Reporter, Jun 05, 2007)
India and Brazil today emphasised the need for cooperation in the field of peaceful use of nuclear energy.
- R Is For Re-Regulation (Indian Express, Vikram S Mehta, Jun 05, 2007)
Flashback to the period 1994 to 1998. The government sets up a committee to deliberate on the liberalisation of the petroleum sector.
- Brazilian Prez In India To Boost Economic Ties (The Economic Times, Correspondent or Reporter, Jun 05, 2007)
India and Brazil signed several agreements Monday, including an oil exploration and development pact, to boost economic cooperation.
- Secretive Pm, Suspect Deals (Pioneer, G Parthasarathy, Jun 04, 2007)
India's foreign policy in the years following the Soviet Union's collapse was skilfully crafted by the PV Narasimha Rao Government.
- National Security And Foreign Policy — From Skillful To Amateurish (Business Line, G. Parthasarathy, May 31, 2007)
New Delhi has handled foreign policy and national security issues quite well. But lately, there has been some ham-handedness.
- Foreign Policy Blues (Tribune, G. Parthasarathy, May 31, 2007)
India’s foreign policy following the collapse of the Soviet Union was skilfully crafted by the Narasimha Rao government.
- Secretive Pm, Suspect Deals (Pioneer, G Parthasarathy, May 31, 2007)
India's foreign policy in the years following the Soviet Union's collapse was skilfully crafted by the PV Narasimha Rao Government.
- Blind Faith In Oil Growth (Dawn, George Monbiot, May 31, 2007)
MOTORISED transport is a form of time travel. We mine the compressed time of other eras - the infinitesimal rain of plankton on the ocean floor, the settlement of trees in anoxic swamps - and use it to accelerate through our own.
- Oil May Allow Sudan To Escape Pain Of U.S. Sanctions (Singapore Times, Correspondent or Reporter, May 31, 2007)
The Bush administration's new sanctions against Sudan aim to squeeze the country's economy by freezing Sudanese companies out of American financial institutions and curtailing their dollar transactions.
- Faith In Oil Growth Could Bring Economy Crashing (Hindu, George Monbiot, May 30, 2007)
Our future prosperity has been hardwired to rising use of transport fuels, without a thought for the supply drying up.
- Myanmar Prefers China As Gas Buyer; India Sees Red (The Financial Express, ANUPAMA AIRY, May 29, 2007)
The government has decided to re-visit its future investment plans in Myanmar’s energy sector after the country chose to sell gas from its A1 and A3 blocks to China, and not to India Petroleum ministry officials told FE that India’s interest in . . .
- India, Brazil Set To Ink Oil, Space Deals (Times of India, Correspondent or Reporter, May 28, 2007)
Through the last month or so, one of Brazil's key aviation gateways situated in this business and financial capital has seen a lot of passengers flying to and from India.
- What The Sensex, Nifty Movements Signify (Hindu, Correspondent or Reporter, May 28, 2007)
Their varied messages have their own relevance for the public
Leaving aside for now the question of which benchmark index comes out on top, it is the fact that each is a proxy for the respective exchange that is of great interest.
- Iraqi Trade Delegation In Town, Indian Businesses Line Up (Indian Express, VIKAS DHOOT, May 28, 2007)
Even as visiting Iraqi oil minister Hussein al-Shahristani talked about a new law that would require all deals under the Saddam regime to be scrutinised closely, a flying visit by industrialist Mukesh Ambani to Delhi to spend just 10 minutes with . . .
- Iraq Seeks Help For Reconstruction (Hindu, Correspondent or Reporter, May 26, 2007)
New law to review all previous gas, oil contracts; companies have to bid afresh
- Has Saudi Oil Production Peaked? (Business Line, Shanmuganathan N, May 26, 2007)
Why, in spite of the record high oil prices and quadrupled rig counts, has Saudi Arabia not increased its oil production or its reserves? Does it indeed have the spare capacity it claims to, or is it past its peak oil production? RAM VENKATACHALAM . . .
- Pawan Hans Pays Dividend To Ongc (Pioneer, Correspondent or Reporter, May 25, 2007)
Pawan Hans Helicopters Ltd (PHHL) on Thursday paid a total dividend of Rs 4.9 crore to ONGC, which holds 21 per cent equity in the company, for the fiscal 2005-06.
- India Will Urge Iraq To Enhance Crude Supply (Hindu, Sujay Mehdudia, May 25, 2007)
Oil Minister coming on 4-day visit
Acquisition of oil, gas assets likely to come up before Joint Working Group OVL keen on exploring block awarded during Saddam regime
- Allow Pses To Invest Reserves In Mfs? (The Economic Times, Editorial, Economic Times, May 25, 2007)
The proposal to allow public sector enterprises (PSEs) having cash reserves and surplus to temporarily park them in mutual fund instruments is prima facie a welcome step and, if properly managed, can give PSEs opportunity to take advantage of . . . .
- Oil Expansions Hit Terror Bump (The Economic Times, Correspondent or Reporter, May 24, 2007)
Militants armed with dynamite and machine guns kidnapped three Indian petrochemical workers from their homes in Nigeria’s oil capital Port Harcourt on Saturday.
- Forex As A Monetary Tool (Business Line, M. Y. Khan, May 23, 2007)
To save itself the problem of stabilising the foreign exchange market at a cost, the Reserve Bank of India can use the Capital Outflow Mechanism.
- Govt Plans Revival And Share Sale For Bharat Pumps (Indian Express, Correspondent or Reporter, May 22, 2007)
The government has approved the disinvestment and an initial public offer (IPO) of Bharat Pumps and Compressors, a public sector company that supplies process pumps, gas compressors and gas cylinders to Oil and Natural Gas Corporation (ONGC), Indian . .
- Nigerian Diplomat Caught With $2.3m (Times of India, Correspondent or Reporter, May 22, 2007)
A senior Nigerian diplomat was caught on Monday seeking to spirit away $2.27 million (Rs 10 crore) in cash. It triggered suspicions of a nexus between officials from the African country and its thriving drug syndicates, as well as the possibility . . . .
- Nigeria Abductors May Free Indian Engineers (Times of India, Correspondent or Reporter, May 21, 2007)
The two Indian engineers abducted in Nigeria are safe and may be released soon, the wife of one of the engineers said on Sunday.
- Encounters With Uncontacted Amazon Tribes (Hindu, Editorial, The Hindu, May 19, 2007)
Peru's uncontacted Indians are increasingly in danger as oil companies, encouraged by the government, move in.
- Ongc Head: Cpi (M) Not For Choice From Private Sector (Hindu, Correspondent or Reporter, May 19, 2007)
Even as the Search Committee headed by the Public Enterprise Selection Board chairman, N.K. Sinha, decided to hold interviews for the post of Chairman-cum-Managing Director, Oil and Natural Gas Corporation (ONGC), on June 5 and 6, the Communist . . .
- Give Psus Full Autonomy (The Economic Times, Editorial, Economic Times, May 19, 2007)
Given the Left parties’ suspicion of markets in general and of stock markets in particular, it is unlikely the proposal to allow public sector undertakings (PSUs) to invest in mutual funds (MFs) will be translated into action even if the cabinet . ..
- Energy Deficient (The Financial Express, Editorial, Financial Express, May 18, 2007)
The KPMG report on India’s energy outlook is timely, given that the sector has failed to attain traction despite repeated efforts to kickstart reforms and boost growth.
- India Eyes North-East Oil And Gas (British Broadcasting Corporation, Correspondent or Reporter, May 16, 2007)
India's state-owned Oil and Natural Gas Corporation (ONGC) is to invest nearly 90bn rupees ($2bn) in oil and gas projects in the country's north-east.
- Ongc Top Job: Non-Applicants Won’T Be Called For Interview (Indian Express, Correspondent or Reporter, May 15, 2007)
A Head-hunting committee, constituted to select the chairman of Oil and Natural Gas Corporation (ONGC), today decided against sending interview calls to executives from private firms like Shell and Blackstone, who had not formally applied for the job.
- Reliance May Tie Up With Ongc Videsh (Business Line, Richa Mishra, May 14, 2007)
For overseas oil and gas project ventures
While OVL talks with Iraq for a deal are yet to begin, indications are that talks with Reliance have resumed for the partnership.
- Ongc Exceeds Reserve Accretion Targets (Hindu, Correspondent or Reporter, May 12, 2007)
Brings down outgo on insurance premium
Completes offshore engineering projects on schedule
23 p.c. rise in asset valuation of offshore installations
- I-T Raids On Amar Singh's Friends (Times of India, Correspondent or Reporter, May 11, 2007)
Just a day before results for the UP elections were to be announced, income-tax officials swooped on industrialist friends of Samajwadi Party general secretary Amar Singh in a development which raised eyebrows in political circles and could nudge . . .
- Ongc Videsh Strikes Gas In Iran's Farsi Block (Business Line, Correspondent or Reporter, May 10, 2007)
ONGC Videsh Ltd (OVL) continues with its success in Iran's Farsi offshore block. The overseas investment arm of ONGC struck gas in the fourth well on the block recently.
- Gail To Invest Rs 25,000 Crore (The Financial Express, Correspondent or Reporter, May 10, 2007)
State-run GAIL (India) Ltd plans to invest about Rs 25,000 crore in laying new pipelines and expanding petrochemical business during the next five years, a part of which may be raised through sale of its stake in ONGC.
- Global Cues Lift Indian Stocks; Sensex Up Over 1% (The Economic Times, Correspondent or Reporter, May 10, 2007)
Key equity indices Thursday opened firm tracking positive global cues and extending Wednesday's late recovery. Asian markets recovering from earlier lows, and the US Federal Reserve keeping interest rates unchanged saw bulls make a comeback.
- Ongc Videsh Finds Gas In Iran Offshore (Indian Express, Amitav Ranjan, May 09, 2007)
After striking crude oil in three wells, ONGC Videsh Ltd (OVL) has found natural gas estimated at around 10 trillion cubic feet in Iran’s Farsi Offshore block, 90 km off Bushehr port.
- India May Get 1% In Rosneft (The Financial Express, SANJAY JOG, May 08, 2007)
Close on the heels of the ongoing bonhomie between India and the US, Russia has offered 1% equity worth $1 billion to India in the state-controlled Rosneft. India may ask a consortium led by ONGC Videsh Ltd, the overseas arm of ONGC, to pick up the stake.
- Ongc & Ioc To Face Tech Test (The Economic Times, Correspondent or Reporter, May 08, 2007)
Public sector oil companies, Oil & Natural Gas Corp (ONGC) and Indian Oil Corp (IOC) are in for an acid test.
- Theocons And Theocrats (Pioneer, MV Kamath, May 07, 2007)
According to Phillips, the United States faces three major perils in the 21st century: Reckless dependence on shrinking oil supplies, reliance on borrowed money and religion getting increasingly radicalised. Americans are slowly moving . . . .
- Outside The Covers (Hindu, Mukund Padmanabhan, May 07, 2007)
THE e-mailed invitation to visit the Abu Dhabi book fair leaves me somewhat puzzled. The Cairo book fair is a well-known event, news of which makes its way routinely into the English language press. But Abu Dhabi?
- New Energy To Japan's Diplomacy (Singapore Times, Correspondent or Reporter, May 04, 2007)
The past week has seen an unprecedented flurry of top-level Japanese diplomacy aimed at ensuring the resource-poor nation's energy security through stable supplies of oil and other resources.
- The Continuing Scramble For Africa (Hindu, Editorial, The Hindu, May 03, 2007)
Towards the end of last year, at Cape Town's swanky Victoria and Alfred Waterfront, businessmen and African politicians networked and closed deals.
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