Page 3 - Oil & Natural Gas Corpn Ltd News

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

'No blast, no supply hit': ONGC clarifies after Uran plant fire near Mumbai

A fire broke out at ONGC's Uran gas plant on Monday, sparking supply concerns, but the company said there was no blast and gas distribution to consumers remained unaffected

Maximize your returns: Here's 10 stocks with the highest dividend yields

Coal India tops the list of high dividend yield stocks, followed by PTC India, Gujarat Pipavav Port, ONGC, REC, GAIL, PFC, HCL Tech, TCS, and Petronet LNG

Dividend stocks: Oil India, NTPC, ONGC, 60 others to remain in focus today

Here is the complete list of stocks that will remain in focus today as they are set to trade ex-dividend tomorrow, Thursday, September 4, 2025

Centre to launch first bidding round under Deepwater Mission soon

National Deepwater Mission aims to boost hydrocarbon output, cut imports

ONGC plans to set up trading unit for crude, refined fuels for group firms

ONGC Videsh is the overseas investment arm of ONGC and annually produces about 10 million tonnes of oil through its assets

Stocks to Watch today, Aug 26: Tata Motors, Paytm, ONGC, Sai Life Sciences

Stocks to Watch today, Tuesday, August 26, 2025: Here is the complete list of stocks to watch during today's trading session