Oil and Natural Gas Corp

ONGC books Rs 1,238 cr impairment loss, Q2 net profit down 55 pc

ONGC books Rs 1,238 cr impairment loss, Q2 net profit down 55 pc

Standalone net profit at Rs 2,878 crore in July-September quarter was 54.6 per cent lower than Rs 6,336 crore net profit a year ago, the ...Read More

Natural gas prices may hit decade-low

Natural gas prices may hit decade-low

A gas price revision is due from October 1 and going by the changes in the benchmark rate in gas exporting nations, the price is likely t...Read More

ONGC’s Rs 83,000 crore push for 25 projects

ONGC’s Rs 83,000 crore push for 25 projects

Energy major Oil and Natural Gas Corp (ONGC) is investing around Rs 83,000 crore in 25 major projects to boost oil and gas production, wh...Read More

RIL-BP, Vedanta, ONGC bid for oil, gas blocks

RIL-BP, Vedanta, ONGC bid for oil, gas blocks

New Delhi: The RIL-BP combine made its first bid for an oil and gas exploration block in more than a decade, vying for one of the 32 bloc...Read More

HPCL-MRPL merger: ONGC rules out share swap

HPCL-MRPL merger: ONGC rules out share swap

New Delhi: Hindustan Petroleum Corp Ltd’s plans to acquire Mangalore Refinery and Petrochemicals Ltd (MRPL) has hit a cash hurdle, with p...Read More

HPCL continues not to recognise ONGC as promoter; to face real test in selection of directors

HPCL continues not to recognise ONGC as promoter; to face real test in selection of directors

New Delhi: Hindustan Petroleum Corp Ltd (HPCL) has for the fifth consecutive quarter listed its majority shareholder ONGC as a public sha...Read More

Centre moots steps to unlock ONGC, OIL gas

Centre moots steps to unlock ONGC, OIL gas

Greater Noida: The government plan to offer state-owned companies special incentives for natural gas discoveries in difficult and unviabl...Read More

ONGC set to buy back shares for Rs 4,022 crore

ONGC set to buy back shares for Rs 4,022 crore

New Delhi: The board of state-owned Oil and Natural Gas Corp (ONGC) on Thursday approved buyback of 25.29 crore shares for Rs 4,022 crore...Read More

ONGC Q2 profit jumps 61 percent on higher crude price

ONGC Q2 profit jumps 61 percent on higher crude price

New Delhi: Oil and Natural Gas Corp’s (ONGC) net profit for the three months ended September rose 61.1 per cent on year to Rs 8,265 crore...Read More

HPCL refuses to recognise ONGC as its promoter

HPCL refuses to recognise ONGC as its promoter

New Delhi: Oil Minister Dharmendra Pradhan’s assertion notwithstanding, oil refiner Hindustan Petroleum Corp (HPCL) continues not to reco...Read More

Amid fuel price hike, PM Narendra Modi to brainstorm oil scenario with global CEOs

Amid fuel price hike, PM Narendra Modi to brainstorm oil scenario with global CEOs

New Delhi: Prime Minister Narendra Modi will Monday brainstorm with chief executives of top global and Indian oil and gas companies on em...Read More

US, Japan, Middle East firms keen on acquiring OPaL stake

US, Japan, Middle East firms keen on acquiring OPaL stake

New Delhi: Global giants from US, Japan and the Middle East have shown interest in picking up a stake in state-owned Oil and Natural Gas ...Read More

Centre to move High Court against international tribunal’s decision favouring Reliance in ‘siphoning gas’ case

Centre to move High Court against international tribunal’s decision favouring Reliance in ‘siphoning gas’ case

New Delhi: Oil Minister Dharmendra Pradhan today said the government will file an appeal in High Court against a ruling by an internation...Read More

ONGC board approves exiting Pawan Hans, to sell 49 percent stake  

ONGC board approves exiting Pawan Hans, to sell 49 percent stake  

New Delhi/Mumbai: The board of ONGC has approved exiting helicopter service provider Pawan Hans by selling its entire 49 per cent stake a...Read More

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ONGC pushes back KG gas output target

The revised dates were set when ONGC spudded the first of the 34 wells under the project on April 8 this year.

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ONGC gets nod to explore rejig options

 New Delhi : The board of state-owned Oil and Natural Gas Corp (ONGC) has given in-principle approval for exploring options for a restruc...Read More

ONGC reports 36 percent jump in profit in Q4 at Rs.5915 crore

ONGC reports 36 percent jump in profit in Q4 at Rs.5915 crore

New Delhi: The Oil and Natural Gas Corp has reported a 36 percent jump in profit in the fourth quarter because of higher crude prices and...Read More

Government to ask ONGC to bear fuel subsidy to help cut petrol, diesel price

Government to ask ONGC to bear fuel subsidy to help cut petrol, diesel price

New Delhi: The government may ask state-owned Oil and Natural Gas Corp (ONGC) to bear fuel subsidy to help cut petrol and diesel prices, ...Read More

ONGC, OIL face risk of subsidy sharing: Moody’s  

ONGC, OIL face risk of subsidy sharing: Moody’s  

New Delhi: As oil prices rise, Moody’s Investors Service said state-owned oil producers ONGC and Oil India Ltd face increasing risk of th...Read More

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ONGC arm drags Sudan to arbitration to recover dues

New Delhi : ONGC Videsh (OVL), India’s flagship overseas oil investment firm, has dragged Sudan to an international arbitration court to ...Read More

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