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GUWAHATI, June 30: Assam chief minister Himanta Biswa Sarma took stock of the gas blowout site at Oil and Natural Gas Corporation's (ONGC's) Rudrasagar oil field on Sunday and asked the Sivasagar district administration to take necessary measures to compensate those affected by the incident. Over 330 families had to be evacuated and are being supported by the state government with basic relief and safety measures. Notably, ONGC had with the help of foreign well control experts capped the leaki ...Read More >
New Delhi: Mukesh Ambani's Reliance Industries is deliberating on closing a deal with the Russian oil giant PJSC Rosneft Oil Company, the talks for which are in an early stage. The talks are about sale of Rosneft's 49.13 per cent stake in Nayara Energy, which operates a 20-million tonnes-a-year oil refinery and 6,750 petrol pumps in India, sources said. Reliance has held preliminary talks for the acquisition of Nayara. If it happens then it will help it overtake state-owned Indian Oil Corporati ...Read More >
ONGC, collaborating with CUDD Pressure Control, achieved a significant breakthrough at Well RDS#147A, safely removing the rig substructure and preparing for the crucial snubbing operation. Hydraulic lines were successfully connected to the existing BOP, validating ONGC's technical assessment. Favorable weather and a receding Dikhow River further aided progress, with ONGC optimistic about capping the well by Friday.Oil and Natural Gas Corporation Limited (ONGC) in coordination with international ...Read More >
MUMBAI: Uddhav and Raj Thackeray will hold a joint protest march of their parties here on July 5 against what they allege is the imposition of Hindi in Maharashtra's schools from Class 1 through the new three-language policy. This will be the first time that the two will come together on a political platform after Raj's decision to quit Shiv Sena to form MNS nearly two decades ago.There has been speculation of a possible reunion of the estranged cousins for the coming civic polls; the protest ma ...Read More >
Dibrugarh: Working tirelessly for 15 days, the Oil and Natural Gas Corporation (ONGC) on Friday finally managed to cap the blowout at their Rudrasagar gas well (RDS-147 A) in Sivasagar, bringing much-awaited relief to the affected region.At dawn, ONGC's Crisis Management Team (CMT), alongside specialists from US-based Cudd Well Control, and local crew, began removal of the damaged Blowout Preventer (BOP) from the wellhead. Once the BOP was safely extracted, a pre-positioned capping stack was met ...Read More >
Guwahati, June 27 (SocialNews.XYZ) In a significant move to boost infrastructure and community development, the Assam State Cabinet, chaired by Chief Minister Himanta Biswa Sarma on Friday approved key decisions under Mission Basundhara 3.0 and amended governance rules for autonomous councils and panchayats. The Chief Minister said: "The Cabinet cleared the allotment of government land for 942 infrastructure projects across 11 districts, including Kamrup, Barpeta, and Dhemaji. Barpeta leads wit ...Read More >
New Delhi: Sajjan Jindal-led JSW Paints' Rs 12,915-crore deal to acquire Dutch paint maker Akzo Nobel's India unit is among the biggest transactions in the country so far this year. JSW Paints on Friday announced that it will buy a 74.76 per cent stake in Dulux paint-maker Akzo Nobel India for Rs 8,986 crore, followed by an open offer to buy another 25 per cent from open market for up to Rs 3,929.06 crore, totalling tad over Rs 12,915 crore. It is slightly behind Japan's Sumitomo Mitsui Bankin ...Read More >
New Delhi/Guwahati, June 27: The Oil and Natural Gas Corporation (ONGC) on Friday announced the successful capping of the gas blowout at its Well RDS-147A in Assam's Sivasagar district, terming the complex operation a milestone executed with "high precision and coordination." The confirmation came after Union Minister for Petroleum and Natural Gas Hardeep Singh Puri announced the development on X, praising ONGC's Crisis Management Team and its partners for resolving the situation safely and swi ...Read More >
GUWAHATI: The Oil and Natural Gas Corporation Limited (ONGC) has capped an oil well in its Rudrasagar field in Assam's Sivasagar district from where natural gas was leaking. "ONGC has successfully capped the blowout at 11:15 hours today. This blowout started on 12th June and has been capped successfully within the shortest possible time following all the best practices," Petroleum and Natural Gas Minister Hardeep Singh Puri posted on X. He said the Crisis Management Team (CMT) of ONGC, along w ...Read More >
Kolkata (West Bengal) [India], June 27 (ANI): A female student was allegedly gang-raped inside a law college in Kolkata's Kasba on Wednesday evening. The police have arrested all three accused within 24 hours. The three accused, named as Monojit Mishra (31), Zaib Ahmed (19), and Pramit Mukhopadhyay (20), were former students or staff members of the same law college. Also Read | Student Gang-Raped at South Kolkata Law College: Police Arrest 3 Youths for Sexually Assaulting Young Woman Inside La ...Read More >
Sivasagar, June 27: ONGC has successfully capped the gas leak from its well no 147 at Bhatiapar in Sivasagar district today at 11:15 am, ending a 16-day-long ordeal. The leak, which began on June 12, was brought under control through coordinated efforts by ONGC's crisis management team and international well-control experts, primarily from the United States. Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, confirmed the development through a post on microblogging site, praising ...Read More >
Also Read: Assam gas leak: Strategic progress in capping oil well, says ONGC The ONGC officials on Thursday said that they are hopeful to plug the gas blowout by Friday, and accordingly, have successfully done the capping of the well. The company sources earlier said that ONGC, in close coordination with international well control specialists from CUDD Pressure Control, achieved a key breakthrough on Thursday in its ongoing operations at Well RDS-147A. The team successfully cleared all remaini ...Read More >
Guwahati, June 27 (UNI) The Oil and Natural Gas Corporation (ONGC) has successfully capped a high-risk gas well blowout at its RDS 147A site in Sivasagar district, Assam, bringing an end to a 15-day-long emergency operation that triggered mass evacuation and widespread public anxiety. The gas well blowout, which began on June 12, involved an uncontrolled release of natural gas from one of ONGC's drilling sites -- a situation often considered one of the most hazardous in the oil and gas industry ...Read More >
Guwahati: Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, on Friday announced that the Oil and Natural Gas Corporation (ONGC) has successfully capped the gas blowout at its crude oil well in Assam's Sivasagar district after 16 days of continuous leakage. The incident occurred at Well No. RDS 147A of Rig No. SKP 135 at the Rudrasagar oil field in Barichuk, Bhatiapar on June 12. The well was being operated by SK Petro Services, a private firm contracted by the state-run ONGC. R ...Read More >
New Delhi/Guwahati, June 27 (SocialNews.XYZ) State-owned Oil and Natural Gas Corporation Limited (ONGC) on Friday successfully capped the blowout in one of its wells in Assam's Sivasagar district, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri has announced. Announcing the plugging of the blowout, Puri said in a post on X on Friday, "ONGC has successfully capped the blow out of well RDS#147A at 1115 hours hrs today. This blow out started on 12th June and has been capped success ...Read More >
Guwahati, June 26 (SocialNews.XYZ) State-owned Oil and Natural Gas Corporation Limited (ONGC) is hopeful of plugging the gas blowout in one of its wells in Assam's Sivasagar district by Friday, sources said on Thursday. ONGC sources said that with steady progress and a focused operational roadmap, ONGC is optimistic about completing the snubbing operation before sundown on Friday. The corporation remains committed to executing every stage of the operation with utmost precision, safety, and envi ...Read More >
Sivasagar, Jun 26 (PTI) Leakage of gas continued for the 15th day from a crude oil well of ONGC in Assam's Sivasagar district although the energy major on Thursday claimed that it is nearing to control the blowout. In its daily bulletin on the blowout, ONGC said it has achieved a key breakthrough in its ongoing operations in close coordination with international well control specialists from CUDD Pressure Control. "The team successfully cleared all remaining rig materials, including staircases ...Read More >
The Gas IndeX of India (GIXI) for May was recorded at Rs 1,016, equivalent to USD 11.9 per million British thermal units. This marks a 19% increase compared to the previous year, aligning with higher European and Asian spot gas benchmarks. However, on a month-to-month basis, GIXI saw a 5% decline due to reduced demand and increased supply, according to a statement from the Indian Gas Exchange Limited (IGX). Trade volumes on IGX also experienced a 5% year-on-year decrease, amounting to 4.7 milli ...Read More >
India's Oil and Natural Gas Corp (ONGC) reported a 17% drop in third-quarter profit, falling to 82.40 billion rupees ($952 million) for the October-December period. India's Oil and Natural Gas Corp (ONGC) reported a third-quarter profit miss on Friday, as buoyant fuel demand failed to cushion the explorer from lower crude realisations.The state-owned firm's standalone profit fell 17% to 82.40 billion rupees ($952 million) in the October-December period, and came far below analysts' average expe ...Read More >
Guwahati, Jan 10 (PTI) The 'sardar' of workers of the coal mine in Assam's Dima Hasao district, where eight miners remained trapped, was arrested, even as a dewatering exercise continued in the quarry to facilitate the resumption of rescue operations, police said on Friday. The fate of the trapped miners appeared to be grim with personnel involved in the rescue operations racing against time to bring them out of the ill-fated quarry, while the body of one labourer, hailing from Nepal, has been ...Read More >
New Delhi: ONGC's production trend is beginning to turn after eight straight years of fall as a key new field in KG Basin ramps up and the old Mumbai High asset arrests decline. ONGC's crude production rose 3% year-on-year in November to 53,804 tonnes per day (tpd) and the output growth so far in December has accelerated to 4.2% to 54,535 tpd, according to people with knowledge of the matter. The output was marginally higher in three of the first seven months this fiscal year but there is a cl ...Read More >
Shares of Mukesh AMbani led Reliance Industries (RIL) and state-owned ONGC saw a recovery of about 2% from their day's lows on Monday following the government's decision to scrap the windfall tax on crude oil, aviation turbine fuel (ATF), petrol, and diesel exports. On 3rd December at 12.35 PM, RIL shares were trading positively at ₹1,321.35 per share, marking a 0.93% increase from yesterday. ONGC shares went up by 2.04% at 12.35 PM on 3rd December as compared to 2nd December's closure. The win ...Read More >
The Nifty 50 index opened at 24,367.50 points, gaining 91.45 points or 0.38 per cent, while the BSE Sensex opened at 80,529.20 points, up by 281.12 points or 0.35 per cent. Experts noted that Indian stock markets have ignored the GDP numbers and, being in an oversold territory, may rise further and witness a rally leading up to the budget in February. Ajay Bagga Banking and Market Expert stated that "The Indian markets shrugged off the GDP number and moved up on Monday. The government has remo ...Read More >
The Ministry of Finance has abolished the windfall tax on crude oil, aviation turbine fuel (ATF), and exports of diesel and petrol products with immediate effect. The government has also scrapped the Road and Infrastructure Cess (RIC) on petrol and diesel exports. The decision was announced through the notifications numbered 29/2024 and 30/2024 released by the Centre on Monday which were laid in the Parliament as well. This move follows an evaluation by the government with reports suggesting th ...Read More >
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