Oil & Natural Gas Corpn Ltd News

Oil & Gas index surges nearly 3%; HPCL, Oil India, BPCL, IOC rally up to 6%

OMC's are well positioned to benefit from fall in crude prices, improvement in refining margins, fuel consumption growth and petchem demand growth in India.

TMPV, Adani Power, ONGC, 5 other largecaps with 'Bearish Engulfing Pattern'

In general, a bearish engulfing candlestick pattern is considered as a bearish sign, as the latest candle completely overshadows the preceding day's price action on the charts.

HUL, ONGC, Trent among 7 BSE 100 stocks technically oversold on charts

The Relative Strength Index (RSI) is a technical momentum indicator which helps in determining overbought and oversold stocks; in general, a reading below 30 is considered as oversold.

Boost your portfolio with these 15 govt-backed high dividend yield stocks

Coal India leads the list with a dividend yield of 7 per cent, making it the most attractive dividend play among government-backed companies

Axis Capital starts coverage on ONGC with 'Sell'; sees 14% downside

Axis Capital has initiated coverage on ONGC with a 'Sell' rating, citing concerns over production, oil prices, and subsidiary debt

Arun Kumar Singh gets rare one-year extension as ONGC chairman till 2026

Arun Kumar Singh has been granted a rare one-year extension as chairman of ONGC, in signs that the government may have wanted continuity to consolidate the gains India's top oil and gas producer has made under his leadership. Singh, 63, will continue as the chairman of Oil and Natural Gas Corporation (ONGC) till December 6, 2026, according to an official order that cited a decision made by the Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi. In 2022, he became the first near-60 executive ever to be appointed chairman of a blue-chip PSU. Now, in another unprecedented move, his tenure will run until age 64. Industry sources said Singh brought the much needed stability in management at ONGC, helping reverse the decade-long decline in production of crude oil, which is feedstock for making petrol and diesel, and natural gas, which is used to produce power, make fertilizer, turned into CNG to run automobiles and fire household kitchens. Under him, ONGC stitch

ONGC's KG basin crude output dips to 28K bpd; peak gas expected by mid-2026

ONGC now expects peak gas production of 10 mmscmd from KG-98/2 by mid-2026, even as crude output declines to 28,000 bpd, prompting well interventions and BP-led technical support

Dividend stocks: ONGC, NALCO, 28 others go ex-date on Nov 14; do own any?

Dividend stocks today: Here is the complete list of stocks to remain in focus during today's trading following their announcement of dividends

ONGC's lower realisations, slow production ramp-up keep brokerages cautious

Though ONGC's Q2FY26 results met expectations, analysts remain cautious amid weaker crude realisations, delayed production ramp-up, and trimmed output guidance for FY26 and FY27

ONGC Q2 show misses estimates on higher costs; brokerages remain cautious

At 12:35 PM, ONGC shares were trading 1.66 per cent higher at ₹253.60 per share. By comparison, BSE Sensex was trading 0.82 per cent higher at 84,559.73 levels.

ONGC Q2FY26 results: Net profit down 18% at ₹9,848 cr on lower oil prices

State-owned Oil and Natural Gas Corporation (ONGC) has reported an 18 per cent fall in its second-quarter net profit due to lower oil prices. The company's net profit stood at Rs 9,848 crore in July-September -- the second quarter of 2025-26 financial year -- compared to Rs 11,984 crore earnings in the same period a year back, ONGC said in a statement. The fall in profit of India's biggest oil explorer was primarily a decline in crude oil prices -- from USD 78.33 per barrel in Q2 of FY25 to USD 67.34 in the current fiscal. The crude oil that ONGC pumps from the ground and from beneath the seabed is sold to refineries, which process it into fuels like petrol and diesel. Price of natural gas, which is used to generate electricity, produce fertilizer, power automobiles as CNG and used in household kitchens as cooking fuel, rose 3.8 per cent to USD 6.75 per million British thermal unit for legacy wells. The rate for gas from new wells -- which receives a premium to offset additional c

Q2 results today: ONGC, Vodafone Idea, Reliance Power, and more on Nov 10

Q2FY26 company results: Firms including Bajaj Finance, Ather Energy, WeWork India, Jindal Stainless, and DOMS Industries are also to release their July-September earnings reports today

Pocket dividends! ONGC, Power Grid, 31 other stocks go ex-date next week

Here's the complete list of stocks that will remain in focus next week, following their dividend announcements, along with key details

BSE PSU index hits 52-week high; BHEL, CPCL, MRPL rally up to 17% in 1 week

In the past one week, PSU index has outperformed the market by gaining 1.5 per cent, as against 0.4 per cent decline in the BSE Sensex.

Indian Oil Corporation soars 5%; ONGC hits 4-month high; here's why

Oil & Gas stocks rally on D-Street: At 12:38 PM; BSE Oil & Gas was up 2.5 per cent, as compared to 0.42 rise in the BSE Sensex.

Buy or Sell? How to trade Reliance, ONGC, OMC shares amid Russian oil ban

Crude Oil prices have soared 7% in the last two weeks following fresh US sanctions on Russian oil imports. Back home, shares of oil exploration and marketing companies look favourably placed on charts

OPaL plans to raise up to Rs 1,000 crore via 5-year bonds on Tuesday

The issuance is backed by an unconditional and irrevocable corporate guarantee from ONGC

ONGC plans 15% cost reduction to prepare for $60 per barrel crude price

Of the Rs 9,000 crore savings forecast, ONGC expects savings of Rs 4,300 crore by March 2026 as it implements 20 initiatives to boost cost efficiency

ONGC to invest ₹8,110 cr to develop 172 onshore wells in Andhra Pradesh

Oil and Natural Gas Corporation Limited (ONGC) is set to invest Rs 8,110 crore for onshore development and production of oil and gas from 172 wells in eight PML (petroleum mining lease) blocks in Andhra Pradesh. A committee under the Ministry of Environment, Forest and Climate Change has recommended Environmental Clearance for the project in a meeting held last month. The estimated project cost is Rs 8110 crore. Capital cost of EMP (Environment Management Plan) would be Rs. 172 crore and recurring cost for EMP would be Rs. 91.16 Crores per annum. Industry proposes to allocate Rs. 11 crores for commitments made in Public Hearing, Expert Appraisal Committee said in the minutes of the meeting. While recommending the EC, the committee directed the ONGC to comply with all the environmental protection measures and safeguards proposed in the documents submitted to the Ministry. All the recommendations made in the EIA/EMP in respect of environmental management, and risk mitigation measures

Attractive valuations largely limit downside risks for upstream players

Despite weak crude prices and policy risks, ONGC and Oil India trade at steep discounts to global peers, with growth projects and NWG premiumisation offering upside potential