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ONGC takes over disputed Cambay oil block from Vedanta

short by Jessica Rajan / on Sunday, 15 November 2026
State-run ONGC has taken over the disputed Cambay offshore oil and gas block from Vedanta following a Delhi High Court ruling. Vedanta has reported a loss of around ₹379 crore on assets and money linked to the block. ONGC took control on July 22, 2026, after the court rejected Vedanta's challenge to the government's decision not to extend its contract.
read more at Moneycontrol