Shashi Shanker takes charge as Chairman and Managing Director of ONGC on October 1, 2017.
PSEs adopt Bloomberg's FXGO platform
Bloomberg announcedthat a growing number of India's public sector corporations are adopting Bloomberg's Foreign Exchange electronic trading platform (FXGO) for foreign exchange dealing. The corporations include GAIL, REC and ONGC Videsh Ltd - whose corporate treasury desks are using Bloomberg FXGO to analyse trade ideas, request quotes, execute, and perform post trade analysis, all on a single electronic platform.
ONGC keen to buy stake in refiner HPCL
PSU behemoth ONGC is keen to acquire the government's stake in oil refiner Hindustan Petroleum Corp (HPCL), Union Oil Minister Dharmendra Pradhan said, stating that the company has ‘shown interest’.
Iran-India O&G talks on
India and Iran carried forward talks on the contentious Farzad B Gas field row with a high-profile delegation from India, headed by Foreign Secretary S Jaishankar met with Iranian Minister of Petroleum Bijan Zangeneh in Tehran to further discussions on O&G cooperation.
GSPC looks at financial restructuring
After selling its stake in KG gas block to ONGC for $1.2 billion, Gujarat State Petroleum Corp (GSPC) is mulling a big financial restructuring including trimming stake in some business like LNG and portfolio readjustment, its Managing Director JN Singh said.
Siemens wins order worth Rs.366 cr from ONGC
Siemens Ltd announced that it has won an order worth approximately Rs.366 crore from Oil and Natural Gas Corporation Limited (ONGC). The order includes supply of material for overhauling of 18 power turbines through zero hour overhaul and time continued overhaul.
Siemens wins order worth Rs 366 cr from ONGC
Siemens Ltd announced that it has won an order worth approximately Rs 366 crore from Oil and Natural Gas Corporation Limited (ONGC). The order includes supply of material for overhauling of 18 power turbines through zero hour overhaul and time continued overhaul.
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