Page 31 - Ongc

Fitch downgrades ONGC, OVL and ONGC Videsh Vankorneft ratings to BBB-

This makes it harder for ONGC's two arms to raise money for financing their projects. OVL is currently said to be in the process of raising $500 mn for repaying existing debt

Dharmendra Pradhan puts ONGC, OIL on notice: Perform or get shipped out

Petroleum Minister Dharmendra Pradhan on Tuesday put state-owned ONGC and OIL on notice saying oil and gas reserves they hold need to be monetised through joint ventures with domain experts

Top headlines: India approves Moderna vaccine; Sebi announces reforms

Business Standard brings you the top news of the evening

ONGC's improved earnings outlook for 12-18 months to support deleveraging

The rating agency has revised Brent crude oil price expectations for the rest of 2021 to $65 per barrel from $60 per barrel earlier

OVL on an oil slick, struggles with geopolitical and domestic challenges

Covid-19 has added to these issues. It has not only impacted the demand for fuel but also made the acquisition process slower.

State-owned ONGC reports Q4 profit at Rs 6,734 crore on high realisation

State-owned Oil and Natural Gas Corporation (ONGC) has reported a profit after tax at Rs 6,734 crore for the January to March quarter as compared to a loss of Rs 3,214 crore in the year-ago period

Stocks to watch: ONGC, BHEL, LIC Housing, Ashok Leyland, PTC India, RailTel

State-owned Union Bank of India has raised Rs 850 crore by issuing Basel-III-compliant bonds on a private placement basis

Second wave of Covid-19 pandemic delays work under new OALP blocks

In most cases the pandemic and subsequent lockdowns have stalled the development of the fields awarded from 2018 onwards

Third round of discovered small field auctions begins

Production from DSF-1 Elao field in Cambay basin expected to being in a weeks

Oil in dangerous waters

Data for the financial year 2020-21 revealed that domestic oil production fell again by 5% to 30.5 mn tonnes. This is the lowest in this century

IAS officers Avinash Joshi, Niraj Verma among 10 in fray for ONGC top job

ONGC is India's largest oil and gas producer

Farzad-B gas field: India one of the losers in energy politics of West Asia

Last week, after chasing India to develop the field for 13 years, Iran announced that it will develop the offshore gas field, which runs along the country's maritime border with Saudi Arabia

Shiv Sena says ONGC's negligence led to the barge tragedy during cyclone

The Shiv Sena on Saturday held Oil and Natural Gas Corporation responsible for the death of several personnel of the barge that sank off the Mumbai coast when cyclone Tauktae brushed past the city

Kidnapped ONGC employee released by ULFA-I militants near Myanmar border

Kidnapped ONGC employee Ritul Saikia was released by ULFA(I) militants on Saturday morning in Myanmar near its border with India's Nagaland, police said

Tata Steel to re-enter Sensex after six months, replaces ONGC on June 21

Analysts say move will result in inflows of $119 million in Tata Steel and selling of $58 million from ONGC by passive funds benchmarked to index

ONGC announces cash relief for affected families, survivors of sunk barge

ONGC on Friday announced cash relief for families of the deceased and survivors of the private contractor-operated barge that sunk in the Arabian Sea after being battered by a severe cyclone

HC stays ONGC tender, e-auction of natural gas from KG-basin till June 4

The Delhi High Court has put on hold state-run ONGC's notice inviting tender and the consequent e-auction with regard to sale of natural gas from its block in KG basin in Kakinada, Andhra Pradesh

Best of BS Opinion: DHFL resolution, the collapse of Indian cinema & more

Here are the best of Business Standard's opinion pieces for Friday

All at sea

ONGC needs to take a hard look at all safety protocols

Aftermath of cyclone Tauktae: What caused the ONGC barge tragedy

Of these installations, 243 were fixed and 99 floating