British major BG Group Plc and
Indian major Oil and Natural
Gas Corporation (ONGC)
announced plans to invest USD
1 billion in the Krishna
Godavari basin oil and gas
block.<More>
ONGC Gets 24 of 52 NELP
VI Blocks
(February 09, 2007)
India approved 52 oil
and gas blocks and and
the Oil and Natural Gas
Corporation (ONGC)
bagged 24 of them.<More>
ONGC-ALPS MoU for LNG JV
(November 09, 2006)
The Oil and Natural Gas Corporation
(ONGC) and Ashok Leyland Projects
Services Ltd. (ALPS) have signed a
Memorandum of Understanding (MoU) to
create a joint venture (JV) to
cooperate on liquefied natural gas
(LNG) exploration and sourcing.<More>
ONGC’s Mangalore SEZ
(September 22, 2006)
The Oil and Natural Gas Corporation
(ONGC) will invest Rs. 35,000 crore
(USD 7.6 billion) in the Special
Economic Zone at Mangalore to house
a Liquefied Natural Gas (LNG) plant,
a 15 million ton (mt) refinery,
petrochemical plant, and power
plant.<More>
ONGC Proposes to Buyout
Sakhalin-I
(August 28, 2006)
With the Iran-Pakistan-India
and Myanmar-Bangladesh-India
pipelines not making
progress, the
Oil & Natural Gas Corporation (ONGC)
is proposing to buy the
entire gas supply from the
Russian Sakhalin-I field and
import the gas as in
liquefied form.<More>
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