New Delhi, April 22 (IANS) State-run Oil and Natural Gas Corporation (ONGC) on Wednesday clarified that its decision to cancel a recent tender for hiring jack-up rigs was based on concerns over pricing anomalies and potential collusive bidding.The clarification comes in response to a media report suggesting the cancellation of the tender.The PSU firm said that it follows established public procurement principles, with a strong focus on transparency, fairness and promoting healthy competition.It …
Latest Oil and Natural Gas Corporation News & Updates
Mumbai, April 16 (IANS) Benchmark equity indices Nifty and Sensex ended off their intra-day highs on Thursday as selling pressure in banking and auto stocks capped gains.However, investors also remained cautious ahead of further clarity on upcoming negotiations between the US and Iran.At the closing bell, the Sensex was at 77,988.68, down by 122.56 points or 0.16 per cent. Nifty followed suit and closed at 24,196.75, down by 34.55 or 0.14 per cent.Commenting on Nifty technical outlook, experts s…
Agartala, April 11 (IANS) As part of the Central forces, the elite Tripura State Rifles (TSR), which has previously undertaken election-related duties in more than a dozen states, is set to be deployed in poll-bound West Bengal, officials said here on Saturday. A senior police official stated that, following a request from the Ministry of Home Affairs (MHA), ten TSR companies comprising 778 personnel had been deployed in Assam, where elections to the 126-member State Assembly were held on April …
Agartala, March 21 (IANS) The elite Tripura State Rifles (TSR), which has previously carried out election-related duties in more than 12 states, will be deployed in the upcoming Assembly elections in West Bengal and Assam, officials said here on Saturday.A senior Tripura Police official said that, following a request from the Ministry of Home Affairs (MHA), ten TSR companies, comprising 778 personnel, will be sent to poll-bound West Bengal and Assam to provide security before and during the Asse…
Pune, March 7 (IANS) Defending champs Bharat Petroleum Corporation Limited (BPCL) and runner-up Indian Oil Corporation Limited (IOCL) bagged full three points each on the second day of the 41st PSPB Inter-Unit Hockey Tournament at the Major Dhyanchand Hockey Stadium in Pune on Friday.With this win, Bharat Petroleum Corporation Limited (BPCL) jumped into the sole lead in the standings with six points (2 Wins), while Indian Oil Corporation Limited (IOCL) trails in second position, along with Oil a…
Pune, March 5 (IANS) Pune is all set to welcome an array of national and international stars in the 41st edition of the prestigious PSPB Inter-Unit Hockey Tournament to be played at the Major Dhyanchand Hockey Stadium, Nehrunagar-Pimpri.The tournament is being organised under the aegis of Petroleum Sports Promotion Board (PSPB), and brings together leading Public Sector Undertakings (PSUs) from across India to compete in the true spirit of sportsmanship and excellence.This year the tournament in…
Amaravati, Jan 9 (IANS) Andhra Pradesh Chief Minister N. Chandrababu Naidu on Friday conducted aerial survey of the ONGC well at Irusumanda village in Dr. B.R. Ambedkar Konaseema district where the blowout continued to rage for the fifth day.The Chief Minister later held a review meeting on the blowout with the officials of Oil and Natural Gas Corporation (ONGC), Konaseema District Collector Mahesh Kumar, MP Harish Balayogi, and MLA Varaprasad at Rayavaram in Mandapeta constituency.The Chief Min…
Amaravati, Jan 6 (IANS) Blowout of natural gas in a well owned by Oil and Natural Gas Corporation (ONGC) in Andhra Pradesh’s Dr B. R. Ambedkar Konaseema district continued for the second day on Tuesday.Crisis management teams of ONGC and firefighting personnel continued their efforts to control the blowout on the outskirts of Irusumanda village in Malikipuram Mandal.According to officials, the intensity of the fire appears to have come down. They expect further improvement in the situation later…
Amaravati, Jan 5 (IANS) Huge flames following a gas leak from a well of Oil and Natural Gas Corporation (ONGC) in Andhra Pradesh’s Ambedkar Konaseema district on Monday sent people in a state of panic, forcing authorities to evacuate residents of nearby villages.Panic gripped Irusumanda and surrounding villages in Malikipuram Mandal following a massive gas leak from a well of the ONGC.The crude-mixed gas suddenly erupted while repair works were underway using a workover rig after the well had …