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Gujarat State Petroleum Corp News

Oil and Natural Gas Corp (ONGC)

28 Jul 2017

ONGC wins Government's nod for Rs 7,738 crore GSPC stake buy

As per the requirement of the field development plan (FDP), 12 more development wells are yet to be completed, which will further bump up the project cost.

26 May 2017

ONGC Q4 net profit falls 6% at Rs 4,340 crore

State-run explorer Oil and Natural Gas Corp. (ONGC) on Friday reported a 6.1 percent fall in net profit for the fourth quarter ended March at Rs 4,340 crore, as compared to the PAT of Rs 4,624.30 crore for the same period of 2016.

28 Aug 2016

ONGC hires consultant to assess reserves in GSPC KG gas block

State-owned ONGC has hired US-based consultant Ryder Scott to assess natural gas reserves in Gujarat State Petroleum Corp's (GSPC) Deendayal block before deciding to buy a stake in it.

24 Jul 2016

IOC in talks to buy GSPC's stake in Mundra LNG terminal

Indian Oil Corporation (IOC) is in talks to buy debt-laden Gujarat State Petroleum Corp's (GPSC) stake in the under-construction Rs 4,500 crore Mundra LNG import terminal in Gujarat.

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