Former ONGC chairman Shashi Shanker joins Adani Total Gas Ltd board

NEW DELHI: Shashi Shanker, former chairman and managing director of Oil and Natural Gas Corporation, has been appointed as an independent director on the board of Adani Total Gas Ltd (ATGL), the company said in a regulatory filing. Shanker, who superannuated as the head of India’s largest oil and gas producer on March 31, 2021, […]

L&T emerges as lowest bidder in multiple projects

NEW DELHI: Larsen and Toubro (L&T) has emerged as the lowest bidder in multiple infrastructure projects, including ONGC, Nuclear Power Corporation and Chennai Metro Rail. On the ONGC NLRNC project, sources said L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Larsen & Toubro Limited has emerged as the lowest bidder for ONGC’s New Living […]

Decks clear for ONGC to merge refining subsidiary MRPL with HPCL

NEW DELHI: State-run oil and gas explorers ONGC plans to complete merger of its refining subsidiary Mangalore Refinery and Petrochemicals Ltd (MRPL)with recently acquired Hindustan Petroleum Corp Ltd (HPCL) in next financial year to align its upstream and downstream operations into two verticals being more focus into respective businesses. Sources said that the process of […]

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