Page 50 - Ongc

ONGC hits fresh 52-week high on board nod for bonus issue; interim dividend

The stock up 2% at Rs 297 after the board recommended bonus issue in the ratio of 1:2 and interim dividend of 90%.

ONGC hits fresh 52-week high on bonus issue plan

The stock up 3.6% to Rs 290 after the company said the board will meet on October 27, to consider bonus issue proposal.

Ministry not keen on ONGC and OIL India bidding for discovered small fields

Dharmendra Pradhan said that these are too small fields for them and they are looking at bigger investments

ONGC signs pact to buy stake in GSPC's KG basin block

To have dispute resolution mechanism over valuation or natural gas reserves

ONGC, OIL making losses on natural gas production

For Oil India Ltd, the cost of production, without taking into account the return on capital, comes to about $3.06

Near-term risks to ONGC's rally

While rising oil prices bode well, the gas price cut, likely stake acquisition in GSPL's block are key concerns

ONGC board vertically split over compensation

Compensation claims are regarding natural gas spewing from its KG basin block into adjoining fields of Reliance Industries

ONGC Board approves pact to take stake in GSPC gas block

It has already differed with GSPC on the gas reserves the block holds and has appointed US-based consultant Ryder Scott to do an independent assessment

ONGC hits 11-month high

In past two-weeks, post Q1FY17 earnings, the stock up 8.4%, as compared to 1.4% fall in the S&P BSE Sensex.

ONGC Videsh to acquire 11% additional interest in East Siberia's Vankor Field

Vankor is Rosneft's (and Russia's) second largest field by production and accounts for 4% of Russian production

At Raniganj, CBM will be mined below an airstrip

New breakthrough comes after speculations that ONGC and Coal India might relinquish the block as it falls under the air strip of Bengal Aerotropolis at Durgapur

ONGC in talks for Gujarat State Petroleum Corp asset

To take another 11% stake in Russia's Vankor

Shah panel report vindicates our stand, says ONGC

Government-owned ONGC also stated it was not aware about the migration in advance

ONGC rises 3% after Q1 results

The stock hit a high of Rs 254.70 and a low of Rs 247.85 so far during the day

ONGC profit falls 21%

Company's gross revenue also dipped 21.4% to Rs 17,784 cr against Rs 22,628 cr during the period of the previous year

ONGC failed to tell investors about gas migration: Advisory firms

The PSU kept its small shareholders in the dark, violating listing norms, corporate lawyers & minority shareholders groups

Petroleum Minister Dharmendra Pradhan urges state-run units to launch Start-up Funds

As part of the initiative called 'ONGC Start-up', company will provide the entire support chain for start-ups including seed capital, hand-holding, mentoring market linkage

ONGC hires consultant to assess reserves in GSPC KG gas block

The Gujarat government firm has been seeking to sell a majority stake in its KG-OSN-2001/3 block to ONGC to avoid defaulting on loans

ONGC launches Rs 100-cr start-up fund

It would provide the entire support chain for start-ups

ONGC to invest Rs 823 cr for CBM gas development

Project envisages drilling of 141 wells with multilayer hydro-fracturing and installation of three production facilities