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India State-Owned Energy Firm Considers Raising Stakes In Russian Oil Fields Amid Ukraine Invasion

While countries worldwide have imposed sanctions and withdrawn trade deals with Russia after it invaded Ukraine, India seems to be taking advantage of the situation to ramp up its energy assets.

Morning Digest | Ministry asks health facilities to be ready for soaring temperatures; Moon not sighted, Eid-ul-Fitr to be celebrated on May 3, and more

Morning Digest | Ministry asks health facilities to be ready for soaring temperatures; Moon not sighted, Eid-ul-Fitr to be celebrated on May 3, and more

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Congress raises questions over Pawan Hans disinvestment, asks why merger with ONGC not explored

Congress raises questions over Pawan Hans disinvestment, asks why merger with ONGC not explored

The Finance Ministry on Friday said Star9 Mobility Pvt Ltd will buy the government's 51% stake in helicopter services provider Pawan Hans Ltd

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Senior IRTS officer Ranjan Prakash Thakur assumes charge as Chief Vigilance Officer of ONGC

Ranjan Prakash Thakur, an Indian Railway Traffic Service (IRTS) officer of 1990 batch has taken charge as Chief Vigilance Officer (CVO) of the country's Maharatna company Oil and Natural Gas Corporation (ONGC). Full details on Dynamite News:

Star9 Mobility to buy 51% govt stake in Pawan Hans for Rs 211.14 crore

NEW DELHI: A government panel on Friday approved the privatisation of state-run helicopter services provider Pawan Hans Ltd (PHL) accepting the highest bid of Rs 211.14 crore from a consortium — Star9 Mobility Private Ltd — which has promised to turn the losing making entity into a on demand helicopter…

The Times of India

Star9 Mobility Private Ltd to buy govt's 51% stake in Pawan Hans

NEW DELHI: The government has approved selling its 51 per cent stake in helicopter services provider Pawan Hans Ltd (PHL) along with transfer of management control for Rs 211.14 crore to Star9 Mobility Private Ltd, the finance ministry said on Friday.

The Times of India

Andhra Pradesh: ONGC to give ₹161 crore as compensation to people affected by pipeline project in KG basin

23,450 people in Kakinada and Konaseema districts likely to lose livelihood

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Govt doubles gas price to record levels; CNG rates may go up

Govt doubles gas price to record levels; CNG rates may go up

The new price, which is likely to result in a hike in CNG and piped cooking gas rates, will be for six months beginning April 1

Domestic gas price up 110% to $6/unit on conflict impact

Domestic gas price up 110% to $6/unit on conflict impact

NEW DELHI: The price of natural gas produced from government-regulated domestic fields will rise to $6.1 per unit (million per British thermal unit), their highest-ever, from April 1 due to the impact of higher global benchmark prices on the latest six-monthly revision.

The Times of India

Govt to sell up to 1.5% in ONGC to raise Rs 3,000 crore

Govt to sell up to 1.5% in ONGC to raise Rs 3,000 crore

NEW DELHI: The government will this week sell up to 1.5 per cent of its stake in the country's top oil and gas producer ONGC to raise about Rs 3,000 crore.

The Times of India

MEIL gives 10 land drilling rigs to ONGC for exploration in KG basin

MEIL gives 10 land drilling rigs to ONGC for exploration in KG basin

The rigs can be used for drilling up to a depth of 6,000 metre

India gets 10 bids for 8 oil, gas blocks in latest bid round

India gets 10 bids for 8 oil, gas blocks in latest bid round

NEW DELHI: As many as four companies, including three state-owned, put in 10 bids for the eight oil and gas blocks on offer in India's latest round of bidding for exploration acreage, according to the Directorate General of Hydrocarbons (DGH).

The Times of India

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