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ONGC makes four oil discoveries in Ashokenagar, awaits mining lease from West Bengal govt

ONGC makes four oil discoveries in Ashokenagar, awaits mining lease from West Bengal govt

Thu, Nov 28, 2024

The discovery, he said was the outcome of continuous exploration efforts of ONGC in the Bengal sedimentary basin over five decades.

Corporate Infotech bags 7-year contract from ONGC for IT infra services

Corporate Infotech bags 7-year contract from ONGC for IT infra services

Tue, Nov 19, 2024

This project is aimed at augmenting ONGC's IT hardware infrastructure across its Corporate Infocom Data Centre (CIDC) in Delhi as well as the disaster recovery site in Vadodara, Gujarat, the Noida-based company said.

ONGC Dividend: Shares of largecap PSU trade ex-date today - Check record

ONGC Dividend: Shares of largecap PSU trade ex-date today - Check record

Tue, Nov 19, 2024

ONGC Dividend: Shares of Oil and Natural Gas Corporation Limited (ONGC) are trading ex-date today for an interim dividend. Here's every detail you need to know about this stock.

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Govt plans to sell stake in ONGC oilfields to private firms

Govt plans to sell stake in ONGC oilfields to private firms

Wed, Sep 27, 2017

Sources said initially ONGC got service companies involved in raising output by offering them incentive if production was raised by pre-set milestones over and above the current levels.

Sensex climbs over 110 points after Asian uptrend

Sensex climbs over 110 points after Asian uptrend

Thu, Aug 24, 2017

dian stocks today shrugged off weakness in US markets as the Sensex surged over 110 points, with domestic investors doing the job amid positive Asian cues.

GAIL, GSPL fight over who will transport ONGC gas

GAIL, GSPL fight over who will transport ONGC gas

Sun, Aug 06, 2017

GAIL says its pipeline would cost Rs 85.36 crore while GSPL India Transco Ltd's pipeline would cost Rs 250 crore.

ONGC-HPCL deal: Is the deal fair for HPCL shareholders?

ONGC-HPCL deal: Is the deal fair for HPCL shareholders?

Thu, Jul 20, 2017

Union Cabinet gave in-principle nod for sale of government's stake in HPCL to ONGC. Post ONGC buying government stake, HPCL will become subsidiary of India's largest oil producer but its board will continue to be in place.

Cabinet gives in-principle nod to 51% HPCL stake sale to ONGC

Cabinet gives in-principle nod to 51% HPCL stake sale to ONGC

Wed, Jul 19, 2017

Post ONGC buying government stake, HPCL will become subsidiary of India's largest oil producer but its board will continue to be in place.

HPCL to invest Rs 61,000 crore by 2021 on expansion projects

HPCL to invest Rs 61,000 crore by 2021 on expansion projects

Sun, Jul 16, 2017

HPCL is upgrading both its Mumbai and Visakh refineries to produce fuel meeting Euro-VI emission norms.

Mukesh Ambani-led Reliance Industries, BP withdraw gas price challenge against Govt

Mukesh Ambani-led Reliance Industries, BP withdraw gas price challenge against Govt

Fri, Jun 23, 2017

Mukesh Ambani-led Reliance Industries and its partner BP have withdrawn a legal challenge against the government over delay in gas price revision, which will now entitle the two companies to marketing and pricing freedom on the natural gas they produce from newer fields in the deepsea at an investment of Rs 40,000 crore by 2022.

Natural gas production no longer profitable business, says ONGC chairman & MD Dinesh K Sarraf

Natural gas production no longer profitable business, says ONGC chairman & MD Dinesh K Sarraf

Sat, May 27, 2017

ONGC's head Dinesh K Sarraf has said that producing natural gas is no longer a profitable business for the company as the government-mandated gas price is significantly below the cost of production.

Exclusive talk with D K Sarraf, Chairman, MD, ONGC

Exclusive talk with D K Sarraf, Chairman, MD, ONGC

Sat, May 27, 2017

Exclusive talk with D K Sarraf, Chairman, MD, ONGC. Watch this special segment and get to know more here.

SBI is most-valued PSU firm again, beats ONGC

SBI is most-valued PSU firm again, beats ONGC

Thu, Apr 20, 2017

Shares of SBI today rose by 0.25 per cent to close at Rs 284.90, while ONGC ended at Rs 179.45, down 0.22 per cent on BSE.

RIL instructed to give 30 crore to ONGC

RIL instructed to give 30 crore to ONGC

Wed, Apr 05, 2017

RIL instructed to give 30 crore to ONGC

Sensex, Nifty down 0.17%; Reliance shares gain 2%

Sensex, Nifty down 0.17%; Reliance shares gain 2%

Wed, Apr 05, 2017

Gaurav Dua, Head – Research of ShareKhan Limited said, “ The forthcoming RBI policy review and the result season would provide direction to markets going ahead.”

ONGC submits revised plan for Farzad gas field in Iran

ONGC submits revised plan for Farzad gas field in Iran

Tue, Apr 04, 2017

India is the second-largest buyer of Iranian crude, and was among the few countries to continue trade with Iran while the country faced Western sanctions over its nuclear programme.

Sensex crosses 29,000-mark, Tata Motors rise3%

Sensex crosses 29,000-mark, Tata Motors rise3%

Thu, Mar 02, 2017

Analysts at HDFC Securities said, "The markets are likely to open positive today, driven by positive domestic and global cues, following US President Donald Trump's Joint Congress address. Realty and Metal is expected to trade in positive zone, while Auto and Energy sectors are likely to trade in the negative zone."

ONGC may acquire HPCL in Rs 44,000 crore deal

ONGC may acquire HPCL in Rs 44,000 crore deal

Mon, Feb 27, 2017

India's biggest oil and gas producer ONGC may buy all of the government's 51.11% stake in Hindustan Petroleum Corporation Ltd (HPCL).

Oil & Gas sector overdone with demonetisation fears: Edelweiss

Oil & Gas sector overdone with demonetisation fears: Edelweiss

Wed, Feb 22, 2017

The report mentioned that in the current quarter (Q4FY17), 9% rally in oil will drive upstream earnings and result in some inventory gains for downstream players.

Natural gas price likely to be hiked by 8%

Natural gas price likely to be hiked by 8%

Sun, Feb 19, 2017

Price of natural gas, used for generating power and making fertiliser and petrochemicals as well as CNG for automobiles, is likely to rise to $2.7 per million British thermal unit for the period from April 1, 2017 to September 30, 2017 from current $2.5 per mmBtu, industry sources said.

ONGC's $2.4 billion Mozambique deal under Oil Min scanner

ONGC's $2.4 billion Mozambique deal under Oil Min scanner

Sun, Feb 12, 2017

ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), had in June 2013 bought 10% stake in the Offshore Area 1 from Videocon Group for $2.475 billion. This stake was later divided between OVL and Oil India Ltd in 60:40 ratio.

Is merging state-owned oil companies a good idea?

Is merging state-owned oil companies a good idea?

Tue, Feb 07, 2017

According to the Fitch report, there are 18 state-controlled oil companies in India, with at least six that can be considered key players.

Bluechip PSUs eye EPFO funds

Bluechip PSUs eye EPFO funds

Tue, Jan 10, 2017

"As of now, about seven PSUs came forward to take investments from us (EPFO). We received a communication from the Ministry of Finance to increase our investments in PSUs. The return may be higher than what we are getting now," said Labour Minister.

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