Petroleum major Oil and Natural Gas Corporation Limited (ONGC) has given an additional grant of Rs. 50 lakh to run the ONGC-sponsored Centre for Petroleum Biotechnology. A MoU was inked between ONGC and Tezpur University on 30th April 2010 in the University premises, to accord permanence to this rare industry-academia linkage aiming to take India closer to advanced and cost-effective technologies in Microbiology.

ONGC Board in its 203rd Meeting held on 26th April 2010 noted the FY’10 Physical E&P performance results and adopted hydrocarbon reserves which are as follows:

i.Gold Trophy for SCOPE Meritorious Award for Corporate Social Responsibility & Responsiveness for the year 2007-08 and

i.Excellent Overall Performance in the category of Heavy Weights

ONGC bagged the prestigious 5th BML Munjal Award for ‘Excellence in Learning & Development’ today at the National Capital.

ONGC Videsh Ltd. and its partner IPR Mediterranean Exploration Ltd. have made significant new oilfield discoveries in Block-XXIV located in northeastern part of Syria. The discoveries of Rashid and Abu Khashab fields have been back to back in 2009.

Oil And Natural Gas Corporation Limited (ONGC) has been conferred with the FICCI Annual Award 2008-2009 for “Outstanding Corporate Vision-Business Performance, Social and Environmental Action and Globalisation”. Shri Pranab Mukherjee, Hon’ble Finance Minister handed over the award to Shri R. S. Sharma, CMD ONGC at the inaugural session of the FICCI Annual General Meeting at New Delhi today.

Posts Profit after Tax at Rs. 260 crore (Loss of Rs.285 Crore in Q3 08-09)

Hemophilia Federation (India) and ONGC set to benefit 1000 Children with Hemophilia

ONGC received an amount of Rs. 2.45 crore from Pawan Hans Helicopters Ltd. (PHHL) towards dividend payment for FY 2008-09 on Jan 18,2010 in New Delhi. Pawan Hans has an Equity Capital of Rs. 113.76 crores with ONGC equity aggregating to Rs. 24.50 crores (21.5%) and GOI equity of Rs. 89.26 crores (78.5%).

Committed towards its corporate social policy with focus on Education - especially girl child and Health, ONGC has extended a helping hand to "Asahaya Baal Ashram" under Child Old Blind Home Welfare Society, an orphanage situated at Nagloi district, in the outskirts of Delhi.

The New Year for ONGC executives at Delhi began on a pleasant as well as a serious note with a informal and informative interaction with Mr R S Sharma, CMD ONGC, other members of the Board and senior executives.

- An ONGC CSR initiative -

ONGC Board of Directors has approved an interim dividend payout of 180% for the FY 2009-10. This amounts to Rs 18 per equity share, aggregating to Rs 3,850 crore, on a paid up equity capital of Rs. 2,138.87 crore comprising of 213.89 crore shares of Rs. 10 each.

ONGC has taken a noble initiative for educating jail inmates of Dehradun district jail. ONGC has donated an amount of Rs.1,82,850/- to the Dehradun District jail for education of jail inmates. The Jail authorities will utilize the donated amount for upgradation of educational qualification of the jail inmates through courses run by National Institute of Open School (NIOS) and Indira Gandhi National Open University (IGNOU). As many as 113 jail inmates will be benefited by this noble gesture of ONGC.

ONGC has taken a noble initiative for educating jail inmates of Dehradun district jail. ONGC has donated an amount of Rs.1,82,850/- to the Dehradun District jail for education of jail inmates. The Jail authorities will utilize the donated amount for upgradation of educational qualification of the jail inmates through courses run by National Institute of Open School (NIOS) and Indira Gandhi National Open University (IGNOU). As many as 113 jail inmates will be benefited by this noble gesture of ONGC.