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Andhra villagers wary of flames from oil rig, want closure of ONGC plant

Fearful of the flames that have been rising from the oil rig, anxious villagers say they are afraid that it might catch fire and pose a threat to their lives

BPCL, HPCL slip up to 5% as Cabinet relaxes fuel retailing norms

With this, new players in the fuel-marketing space like Total, Adani, and Saudi Aramco -- and even super markets -- can open outlets for selling automobile fuel.

ONGC, Oil India bank on private players to boost production by end of FY20

At least 23 companies had shown interests in a pre-bid meeting held on September 17

ONGC, ExxonMobil tie up for oil exploration in India; plan to bid for OALP

On Monday, ExxonMobil had signed a pact with Indian Oil Corporation to expand its liquefied natural gas business initiatives in India

Modi to cancel meeting with global oil CEOs over scheduling issues: Report

The meeting, coordinated by the Niti Aayog, focuses on challenges posed by volatile oil prices, impacted by changing geopolitical situation.

12.5% cut in natural gas price is credit negative for ONGC: Moody's

The decline in natural gas revenue and earnings will have a limited effect on ONGC's metrics for fiscal 2020

Top stock picks by Religare Broking: Buy Muthoot Finance, Havells India

Stock recommendation by Religare Broking

Corporate tax cut can improve India Inc dividend by 40%: ICICI Securities

ONGC, BPCL, Coal India, Hero Motocorp, NMDC, Power Grid and Infosys are the top picks for the brokerage in the high-dividend space

Govt cuts gas price by over 12%, first such rate reduction since April 2017

The government cut the price of gas produced from difficult fields to $8.43 from $9.32, the PPAC notification said

From ONGC to Coal India, PSUs set to pay higher dividend with tax savings

The PSU stocks, though, could see risk due to greater disinvestment for fiscal 2020, global financial firmBank of America Merrill Lynch said

ONGC signs MoU with Assam to invest Rs 13,000 cr for exploration

Oil and Natural Gas Corporation (ONGC) on Wednesday said it will invest over Rs 13,000 crore for exploration work across Assam in the next five years. The company said it has signed an agreement with the Assam government in this regard. "ONGC has signed an MoU with the Government of Assam for investing more than Rs 13,000 during next five years in Assam for enhancing its exploration and production (E&P) activities," ONGC said in a release. This investment is being made for drilling more than 220 oil and gas wells -- a mix of development and exploration ones -- across the state, it said. "ONGC is giving impetus to its activities in alignment with the Prime Minister's call for reducing import by 10 per cent by 2022, and the North East Hydrocarbon Vision 2030," the release said. The company recently received green nod to drill six development wells in five mining lease blocks in Jorhat and Golaghat districts of Assam at an estimated cost of Rs 240 crore, it said. ONGC .

ONGC to invest Rs 13,000 crore in Assam to drill over 220 wells

The company said in a statement that it has signed an MoU with the Assam government for enhancing its exploration and production activities in the state

Street gives thumbs up to ONGC even as stake sale remains a challenge

With Brent now trading lower, ONGC's realisations are expected to decline in the September quarter

From Coal India to ONGC, shares of PSUs log biggest gain in four months

Among its constituents Coal India rose 7.3 per cent, ONGC 5.3 per cent, BPCL 4.5 per cent, and Nalco and Indian Oil by above 3 per cent each

ONGC jumps 9% after clarification on fire incident in Navi Mumbai plant

The company further said the offshore crude supply remains unaffected and the impact of fire in local vicinity is nil

ONGC yet to get complete legal ownership of GSPC's KG Basin gas block

The right to operate a well, field, or other oil source continues to be with GSPC, according to the website of the Directorate General of Hydrocarbons

Four killed in major fire at ONGC's gas-processing facility in Mumbai

Blaze doused; CNG and PNG supply to the city disrupted, but now restored

After disruption, ONGC tries to ensure gas supply to households on priority

The Uran plant processes nearly half of the crude oil that ONGC sells to refineries and 12% of its natural gas sales

4 killed in fire at ONGC plant in Navi Mumbai; rescue operation underway

The blaze erupted around 7 am in the gas processing plant of the ONGC located in Uran area of neighbouring Navi Mumbai

ONGC overseas arm seeks 2-year extension to explore Vietnamese oil block

Officials said OVL has applied for a sixth extension to explore Block-128, the licence for which was valid till June 15, 2019