Oil & Natural Gas Corpn Ltd News

ONGC, Tech Mahindra: Top stock picks by Kotak Securities; here's why

Shrikant Chouhan, head of equity research at Kotak Securities, explains why the brokerage has assigned Buy ratings to ONGC and Tech Mahindra

BPCL, HPCL, IOCL slip up to 4%; ONGC gains 2% as crude oil prices rise

Thus far in the calendar year 2026, the stock price of HPCL, BPCL and IOC plunged between 17 per cent and 22 per cent, as against a 8.9 per cent decline in BSE Sensex.

Q1FY27 earnings preview: Oil & gas, aviation brace for crude impact

Q1 earnings preview: ICICI Securities said that OMCs could report significant losses, driven by higher retail fuel losses, inventory losses and a sharp rise in LPG under-recovery.

Govt raises ONGC chairman entry age to 59, offers up to five-year tenure

The government has relaxed the eligibility conditions for appointing the next chairman of state-owned ONGC by raising the maximum entry age to 59 years and offering the successful candidate a fixed three-year term extendable by up to two years, widening the pool of eligible contenders to head India's largest oil and gas producer. The Public Enterprises Selection Board (PESB), the government's headhunter for appointments to state-run firms, has invited applications for the post, which will fall vacant on December 7 when incumbent Arun Kumar Singh completes his extended tenure. Under the Oil and Natural Gas Corporation (ONGC) advertisement, candidates should not have attained the age of 59 years on the date of occurrence of the vacancy -- December 7, 2026. The selected candidate will initially be appointed for three years, with the tenure extendable by another two years after a performance review. "Any employment or extension of tenure beyond the age of 60 shall be on a contract basis

Upstream oil PSUs may see greater focus on exploration in evaluations

The oil ministry is considering increasing the weightage of exploration activities in the performance assessment of upstream oil PSUs to boost domestic hydrocarbon discoveries

Why govt wants ONGC to build India's next ₹15,000 crore strategic reserve

The facility would expand India's existing strategic storage capacity of 5.33 MMT by roughly one-third amid geopolitical conflicts and oil supply disruptions

OMCs gain up to 5%; upstream stocks fall 2% as Brent dips below $90/bbl

Oil market companies (OMCs) gain, while upstream oil companies fall after brent crude oil prices fell

Oil India tanks 11% on heavy volumes; stock hits 4-month low

The average trading volumes at the Oil India counter jumped over five-fold, with a combined 13.46 million equity shares changing hands on the NSE and BSE in Wednesday's intra-day trade.

ONGC yet to take control of Cambay Block as Vedanta challenges govt move

State-owned Oil and Natural Gas Corporation (ONGC) has yet to take operational control of the Cambay basin block CB-OS-02 in Gujarat after Vedanta challenged the government's decision not to extend the block's contract term. The Ministry of Petroleum and Natural Gas, through a September 19, 2025, directive, rejected an extension of the contract for the block, in which ONGC holds a 50 per cent participating interest, Vedanta holds 40 per cent, and Invenire Petrodyne Limited holds 10 per cent. Following the government's decision, ONGC said it was instructed to immediately take over operations of the block and deployed an operational team to Suvali in Gujarat from September 20, 2025. However, the company said Vedanta has not yet handed over operations. "Pursuant to the Government of India directive, ONGC requested Vedanta for the immediate handover and deployed its operational team at Suvali, Gujarat, from September 20, 2025. However, Vedanta has not yet handed over the operations," ON

ONGC says gas to drive revenue growth; ₹33,000 crore projects underway

New well gas constituted 17 per cent of production and 21 per cent of revenue in FY26 from ONGC nomination gas portfolio

ONGC drops 4% as Q4 results miss estimates; production weakness weighs

ONGC share price fell 4 per cent on weak Q4FY26 results as lower oil and gas production hurt earnings. Analysts see royalty changes supporting FY27 outlook

Stocks to Watch today: Coal India, PhysicsWallah, ONGC, Siemens, IRCTC

Stocks to Watch today, May 27, 2026: MobiKwik, Sun Pharma, J&K Tyre, and Elgi Equipments are among some of the top stocks to remain in focus during today's trading session

ONGC Q4 results: Net profit rises 3% to ₹6,650 cr, revenue up marginally

State-owned Oil and Natural Gas Corporation (ONGC) on Tuesday reported a 3 per cent rise in March quarter profit to Rs 6,649.97 crore as higher oil and gas prices helped negate a drop in output. Net profit of Rs 6,649.97 crore in January-March -- the fourth quarter of 2025-26 fiscal year -- compared with Rs 6,448.28 crore earnings in the corresponding period of the previous year and Rs 8,371.85 crore in the preceding three months, according to a stock exchange filing by the company. Revenue from operations rose marginally to Rs 35,928.18 crore during the quarter from Rs 34,982.23 crore in Q4 of FY25. For the full fiscal year, ONGC reported a net profit of Rs 32,894.02 crore, down 7.6 per cent from Rs 35,610.32 crore of 2024-25 fiscal year. ONGC wrote off Rs 4,876.75 crore in exploration well cost during the quarter under review after the wells drilled did not yield any commercial hydrocarbon discoveries. This compared with Rs 4,173.04-crore write-off in the corresponding quarter of

Q4 results: IRCTC, ONGC, Siemens, AstraZeneca, JK Tyre, 273 more on May 26

Q4FY26 company results: Firms including Bayer CropScience, AIA Engineering, Aequs, Astra Microwave Products, and Balaji Telefilms are also to release their January-March earnings today

ONGC selects BP arm to boost output from Western Offshore fields

ONGC has appointed BP Exploration Services India as technical service provider to enhance oil and gas production from Western Offshore fields through technology and operational improvements

Oil India rallies 5%, hits 52-week high post Q4 results; ONGC gains 2%

Oil India reported a 62 per cent YoY growth in Q4 consolidated net profit, backed by 4.4 per cent increase in revenue from operations. The stock has rallied 15 per cent in the last five days.

ONGC, Oil India rally up to 7%; what's driving state-owned upstream stocks?

With oil at $80/bbl, analysts at CLSA project an over 50 per cent total return on ONGC as it is pricing in $65/bbl Brent; sets target price for the oil explorer at ₹405 per share.

OMCs under pressure as crude tops $126; Nifty Oil & Gas index slips 1.6%

Market analysts attributed the sharp spike in crude oil prices to supply disruptions amid concerns that output from key West Asia producing regions may remain constrained for longer

Nifty Apr F&O rollovers hint at cautious stance; ONGC among stocks in focus

The Nifty rollovers to May were below average, suggesting a likely cautious stance among participants and slight hesitation to carry forward aggressive bets, says Axis Securities.

ONGC hits 52-wk high, Oil India up 4%; what's driving upstream oil stocks?

ONGC and Oil India are key beneficiaries if Brent price remains elevated above USD 70/bbl as their CMP is discounting ~USD 65/bbl net crude realisation amidst low risk of windfall tax, said analysts.