Page 24 - Ongc

Oil India surges 5%, nears 52-week high in a weak market; ONGC up 2%

Oil prices rose more than $2 in early trade on Monday after Saudi Arabia raised prices sharply for is crude sales in July

ONGC's nominee director appointment on HPCL board stuck in paperwork

For over five months now, Oil and Natural Gas Corporation (ONGC) has had no representative on the board of Hindustan Petroleum Corporation Ltd

ONGC applies for mining license to discover oil fields in Samastipur, Buxar

Oil and Natural Gas Corporation (ONGC), citing possibility of crude oil fields in Buxar and Samastipur districts of Bihar, has applied for the petroleum exploration license before the state government

Vedanta, ONGC, Oil India submit bids for discovered small field auctions

26 companies submit 106 bids in DSF - III for which the last date of submission was May 31

Thematic returns score over pure equity funds in past year, shows data

Pure equity funds, such as large-cap equity funds, have given returns of just 6.77 per cent in the past year

Most Nifty 50 firms beat sales estimates, many fare worse on profitability

Many have done worse on profitability

Decoded: What is windfall tax on oil companies and where does India stand?

If a windfall tax is imposed in India, it will not only be aimed at private companies like Reliance, but also at state-owned behemoths

Ukraine war-led spike in prices buoy Q4 performance of ONGC, Oil India

Reversal in price trends, policy measures such as windfall tax by the government and fall in refining margins are among key downside risks

Do not see govt slapping windfall tax amid soaring energy prices: ONGC

ONGC reported bumper profits in Q4 (when international prices soared to a near 14-year high of $139 per barrel) and record earnings in 2021-22, triggering talks of the govt slapping a windfall tax

India's domestic crude oil production slips to 28-year low in FY22

Production declined every month for last 4-and-a-half years in core sector index; old fields among likely reasons

ONGC board has 'best persons' in upstream sector to head company: Chairman

ONGC is without a regular chairman since March-end 2021.

Stocks to watch: RIL, Adani Green, Tata Motors, M&M, Delhivery, LIC, ONGC

Stocks to watch: Crude oil-related stocks will hog the limelight today as Brent crude has surged past $120/barrel-mark

ONGC Q4 consolidated PAT rises 10%, firm declares dividend of Rs 3.25

ONGC's consolidated revenue from operations rose 37% to Rs 1.55 trillion in Q4FY22

ONGC tumbles 6% to hit four-month low; stock down 27% from 52-week-high

The stock of the state-owned oil and gas exploration also under pressure after UK imposes 25 per cent energy windfall tax on oil and gas producers.

Shell may sell Russian LNG plant stake to Indian consortium: Report

Shell seeks to sell 27.5% stake in Sakhalin-2 plant; Shell in talks with group of several Indian firms, say sources

ONGC to invest Rs 31,000 cr over next 3 years in finding oil, gas

ONGC said it also plans to leverage international collaborations with reputed global majors for this, for which talks are in an advanced stage.

ONGC to sell stake, seeks global oil firms' help to develop fields

The deadline for submitting expressions of interest is June 16, ONGC said in a tender document on its website

ONGC becomes 1st gas producer to trade on IGX; firm to expand volume slowly

State-owned Oil and Natural Gas Corporation (ONGC) on Monday said it has become the first gas producer to trade domestic gas on the Indian Gas Exchange, trading unspecified volumes from its eastern offshore KG-DWN-98/2 block. In a statement, ONGC said it will increase volumes slowly. "ONGC has become the first exploration and production (E&P) company in India to trade domestic gas on Indian Gas Exchange. The first online trade was made on May 23, 2022 by ONGC Director (Onshore) & In-charge Marketing Anurag Sharma on India's first automated national level Gas Exchange, IGX," it said. The gas traded is from ONGC Krishna Godavari 98/2 block, it said, but did not specify the volumes that were sold. After the deregulation in gas pricing ecosystem in 2000-21, ONGC has prepared itself to reap the benefits. "The quantity sold by ONGC through the Gas Exchange will be enhanced slowly," it said. Speaking on the occasion, Sharma said ONGC is ready to realise higher value for every ...

Pawan Hans disinvestment: ONGC to offer its 49% shares to new buyer

After the offer is made by ONGC, the new buyer will get seven days to decide if it wants to buy the remaining 49 per cent stake held by the public sector undertaking (PSU)

ONGC wins 18 out of 21 oil, gas blocks in OALP-VI bid round, OIL gets 2

Sun Petrochemicals bid for three blocks, where it is locked in competition with ONGC