Oil & Natural Gas Corporation Ltd.
BSE: 500312 | NSE: ONGC
Large Cap | Oil Exploration
238.50
2.10 (0.89%) ONGC wins 8 oil & gas exploration blocks
Date: 03-07-2019Oil and Natural Gas Corporation (ONGC) has won 8 oil & gas exploration blocks offered in latest auction. According to the Directorate General of Hydrocarbons (DGH), the company has won 1 block on offer in Open Acreage Licensing Policy (OALP)-II, while in OALP-III, the company got 7 blocks.
ONGC is India’s largest government-run corporation and produces about 70% of India’s crude oil and natural gas. The corporation is the biggest public sector commercial organization in India.