Oil & Natural Gas Corpn Ltd News

Stocks to watch: ONGC, Pine Labs, GRSE, Waaree, Lloyds Metals, Aarti Inds

ONGC struck gas at its first Mahanadi Basin well, MN-DW18-1-H-D, at a depth of 1,441-1,452 metres, around 43 km off Konark.

Principal employer not liable for gratuity of contractual workers: SC

The SC set aside a Bombay HC order holding ONGC liable for gratuity to workers engaged through a contractor, saying the Controlling Authority could only compute gratuity payable to an employee

Upstream stocks: Oil India, ONGC surge 3% as Brent holds above $100-mark

ICICI Securities sees the momentum of Oil India's share price sustaining as the delivery of expansion plans in both upstream and downstream segments comes to fruition over FY27-29E.

Brent Crude hits $100/bbl after 3 months; Nifty Oil & Gas stocks then & now

Brent Crude oil last traded above the $100 mark on May 25, 2026, before Wednesday; since then select stocks from the Nifty Oil & Gas index soared up to 82%, while two declined over 10%, shows data.

₹1 trillion market-cap stock club swells 27% to 119 in FY27

Among the new additions, Laurus Labs saw its market-cap rise 92 per cent to ₹1.03 trillion from ₹53,546 crore as of March 30, 2026

ONGC, Oil India gain 2% in weak market as crude oil prices spike

WTI Crude Oil prices surged more than 3 per cent after the US forces struck Iranian rocket launchers near the Strait of Hormuz.

Oil India may offer higher upside than ONGC as crude prices stay elevated

Elevated crude prices amid West Asia tensions could boost ONGC and Oil India earnings, with the latter offering greater upside on stronger production growth

ONGC gets US licence to resume Venezuela operations, eyes operatorship

State-owned Oil and Natural Gas Corp (ONGC) has secured a licence from the US Treasury's Office of Foreign Assets Control (OFAC), allowing it to resume full operations in Venezuela after years of limiting activity because of sanctions-related risks, a senior company official said. The US approval removes a key hurdle for ONGC's Venezuelan investments and could pave the way for the state-run explorer to expand production, sign new agreements and take over operatorship of some projects from Venezuela's state oil company PDVSA, Anupam Agarwal, director-finance at ONGC, said at an investor call post first quarter earnings announcement. "Now we have full freedom to work on the Venezuela project because earlier we were restricting our operations there because of the sanction-related risks. Those risks are behind us," Agarwal said. ONGC Videsh Ltd, the company's overseas investment arm, holds a 40 per cent interest in the San Cristobal oil project, while the remaining is with Venezuela's .

Oil-and-gas PSUs see first Q1 capex decline in at least five years

Combined capital expenditure by 12 oil and gas PSUs fell 3.8 per cent to Rs 27,161 crore in Q1FY27, led by sharp declines at ONGC and Indian Oil, though experts see the dip as temporary

ONGC, Shell Energy sign MoU to explore deepwater oil, gas and LNG in India

ONGC said its collaboration with Shell will focus on two key areas: upstream oil and gas, and LNG

Oil India chairman Ranjit Rath among applicants for top job at ONGC

Oil India Ltd chairman and managing director Ranjit Rath is among more than half a dozen candidates who have applied for the top job at state-run Oil and Natural Gas Corp (ONGC), people familiar with the matter said. Rath, 54, is seeking the ONGC chairman and managing director's post for a second consecutive year after the government relaxed eligibility criteria, including the maximum age for the position. The Oil India chief was among the candidates shortlisted for the ONGC post last year, but the government chose to extend the tenure of incumbent Arun Kumar Singh by a year. Rath has headed Oil India, India's second-largest state-run oil and gas explorer, since August 2022. Others who have applied include ONGC Videsh Ltd managing director Rajarshi Gupta, who became eligible after the government raised the maximum entry age to 59 years. Gupta, 59, who is due to superannuate in July 2027, is the senior-most among all the internal candidates applying for the position. ONGC's direct

Higher oil prices lift ONGC Q1, output growth remains crucial for rerating

Higher crude realisations lifted ONGC's Q1 earnings above estimates, but sustained oil and gas production growth remains the key catalyst for any meaningful stock rerating

Stocks to watch today: Manipal Health, Airtel, ONGC, Nykaa, BSE, LIC & more

Stocks to watch today: Power Grid, Aurobindo Pharma, PB Fintech, Biocon and Cummins among top companies slated to post Q1 results today.

ONGC Q1 results: Net profit jumps 112% to ₹17,034 cr, revenue up 45.2%

State-owned Oil and Natural Gas Corporation (ONGC) on Tuesday reported more than doubling of profit in the June quarter, helped by higher crude oil prices and increased realisations. Net profit of Rs 17,033.81 crore in April-June -- the first quarter of the 2026-27 fiscal year -- compared with Rs 8,024.23 crore earning in the same period a year back, according to a stock exchange filing of the company. The net profit compared with Rs 6,649.97 crore in the preceding January-March quarter. Total income rose to Rs 48,321.65 crore in Q1 from Rs 33,213.39 crore a year back. Profit before tax rose to a record quarterly high of Rs 22,848 crore. Higher crude oil prices boosted ONGC's earnings, with net crude oil realisation from nominated fields rising to USD 99.45 a barrel from USD 66.13 a year earlier. New well gas also contributed to earnings, accounting for about 38 per cent of revenue from the company's nomination gas portfolio. Revenue from new well gas stood at Rs 3,998 crore dur

Q1 results: Bharti Airtel, ONGC, Pidilite, Marico, and 131 more on Aug 4

Q1FY27 company results: Firms including Deepak Nitrite, Godrej Properties, NHPC, Kalyan Jewellers, Zydus Wellness, and Metro Brands are also to release their April-June earnings today

Stocks to Watch today: L&T, Asian Paints, Tata Capital, TMPV, ONGC, Netweb

Stocks to watch today: L&T, Asian Paints, Tata Capital, TMPV, ONGC, Netweb Technologies, Adani Enterprises, Adani Ports, Radico Khaitan, Pine Labs, among others, will be in focus today.

Stocks to Watch today: BEL, IDFC First Bank, BoB, Coal India, AU SFB, SAIL

Stocks to watch today: BEL, IDFC First Bank, BoB, Coal India, AU Small Finance Bank, SAIL, Maruti Suzuki, Tata Power, Allied Blenders, Jindal Steel, NTPC, ONGC and more will be focus today.

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.