ONGC Has Started Again Oil And Gas Production

ONGC Has Started Again Oil And Gas ProductionONGC has started again oil and gas production it stopped earlier on Friday following a pipeline leak triggered a milelong leak off Mumbai’s coast, the firm mentioned in a statement.

The staterun explorer had close gas and oil wells along with other facilities connected to the Mumbai Uran Trunk (MUT) pipeline which sends crude from the Mumbai High area, Indias largest oil generating block, as a safety measure and change supplies to the ICPHeera Uran Trunk-pipeline.

The leakage triggered a loss of several 25,000 barrels that created an oil leak around 80 kms off the Mumbai coast, the firm mentioned.

Be Sociable, Share!
Tags:

Stock Market Basics For Beginners

Primary Markets?

Primary Markets? The market in which investors have the initial opportunity to buy a newly issued security ( IPO ). Companies and other groups obtain financing through ...…

Mean For Preferential Issue

Mean For Preferential Issue A Preferential issue is an issue of stocks or of convertible securities through listed firms to a select number of person's under Section 81 of ...…

Term Debt Instrument

Term Debt Instrument Debt instrument shows an agreement by which one party gives cash to another on pre-determined conditions with regards to rate as well as periodicity of ...…

What is Lock-in?

What is Lock-in? "Lock-in" implies a freeze on the shares sale for a several time period. SEBI rules have stipulated lock-in needs on stocks of promoters mainly to ...…

Share Market investment objective

Share Market investment objective your Investment objective? they invariably answer earn money with no risk. Even though all investments have an element of threat, including the possible loss of principal, ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV
web
analytics