Subir Raha, arguably the most influential former chairman of government-run Oil and Natural Gas Corp, died of cancer today. He was 62. Raha, who was last year diagnosed with lung cancer, was taken critically ill about a week back and was undergoing treatment at a private hospital here, family and friends said. He died at around 3.22 pm. A workaholic, Raha is credited with taking ONGC where it is today - the nation's largest oil and gas producer.
Oil exploration in the deep seas is a very unpredictable business.
http://www.ibnlive.com/news/forbes-india-rigging-the-wild-west/101507-7.html
ONGC Academy is a human resource development institute for the PSU.
http://ibnlive.in.com/videos/94193/focus-ongc-academy-celebrates-25-years.html
On the BSE, ONGC scrip plunged over 1.90 per cent to settle at Rs 651.85.
http://www.ibnlive.com/news/ongc-loses-rs-2700-cr-in-market-cap-in-one-day/86927-7.html
The govt is constituting a committee to review the strikers grievances.
http://www.ibnlive.com/news/oil-strike-over-petrol-pumps-to-resume-after-36-hrs/82392-3.html
Nationwide strike by oil PSU officers continues for the third day on Friday.
http://www.ibnlive.com/news/oil-psu-strike-continues-consumers-bear-the-brunt/82308-3.html
IOC say consumers may face petrol, diesel and LPG shortage if strike continues.
http://www.ibnlive.com/news/ioc-warns-of-petrol-lpg-shortage-as-strike-continues/82245-3.html
The strike has been called for demanding higher wages.
http://www.ibnlive.com/news/oil-sector-employees-begin-indefinite-strike/82117-7.html
ONGC may by out Russia-focussed oil explorer Imperial Energy.
http://www.ibnlive.com/news/decks-clear-for-ongc-imperial-okay-with-13-bn-takeover/81662-7.html
The Petroleum Minister says there is no scope for price cuts.
http://www.ibnlive.com/news/petrol-diesel-prices-will-not-be-cut-for-now-deora/72619-7.html
Imperial explores for oil mainly in Siberia and has large reserves of oil.
http://www.ibnlive.com/news/india-beats-china-to-imperial-energy-co-bid/72294-3.html
Dr Banwari Lal, a scientist at TERI, has initiated the creation of oil-eating bugs.
http://www.ibnlive.com/news/teri-creates-oil-zappers-to-cleanup-toxic-sludge/71646-11.html
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