ONGC to invest Rs 41,678 crore on new fields
The company, which produced 25.94 million tonnes of crude oil and 23.52 billion cubic meters of gas in 2014-15, is boosting investment to reverse the declining trend in output at bulk of its old and ageing fields.
Jun 07, 2015, 13:34 PM ISTGovt to auction oil fields of ONGC to private companies
Government plans to auction 69 small and marginal oil fields of state-owned ONGC and Oil India Ltd to private firms on a new revenue sharing model.
Apr 14, 2015, 15:46 PM IST