- Tag results for ONGC
The Tariff Authority for Major Ports (TAMP) passed an order for wharfage compensation payable by ONGC on October 3, 2018.
In November last year, the state-run firm had produced about 64 million standard cubic metres per day (mmscmd) of gas, after accounting for internal consumption.
ONGC has about 35 billion cubic meters of recoverable reserves in discoveries in the shallow sea off Andhra Pradesh on the east and off Gujarat and Mumbai on the west coast blocks.
Nabadwip Jamatiya, the additional superintendent of police of Gomati district, said the woman had filed a complaint earlier this month, following which the company was apprised of the matter.
The nation's largest oil and natural gas producer is keen that its recent diversification into refining business as also petrochemicals is leveraged to full by integrating them with its core business.
ONGC bought the GSPC for USD 1.2 billion (about Rs 8,000 crore) when the replacement value of brand new assets built by the company is at least USD 1.5 billion and the asking price was Rs 20,000 crore
The government has announced a 10 per cent higher price for natural gas at USD 3.36 per million British thermal unit for six month period beginning October 1.
The existing offshore platforms in Mumbai have been operational for more than three decades.
Reliance on November 11, 2016, slapped an arbitration notice disputing the claim.
ONGC had borrowed Rs 24,881 crores on a short-term loan to fund buying the government's 51.11 per cent stake in HPCL.
Till now ONGC and OIL had to pay 100 per cent royalty and cess tax on 11 pre-New Exploration Licensing Policy (NELP) fields that were given to private firms prior to 1999.
Oil and Natural Gas Corp (ONGC) had in January this year bought the government's entire 51.11 per cent stake in HPCL for Rs 36,915 crore.
India will appeal against a ruling by an international tribunal in favour of Reliance Industries Ltd and its international partners in a dispute over gas migration.
Analysts on average had expected ONGC to post a standalone profit of 66.43 billion rupees, according to Thomson Reuters.
A three-member international arbitration tribunal by a majority vote held that Reliance could contractually produce and sell any gas that might have migrated from adjoining fields.