Page 50 - Ongc

ONGC trades weak ahead of bonus issue

The stock dipped 2.6% to Rs 304 on the BSE ahead of the stock go for ex-bonus in the ratio of 1:2 on Thursday.

ONGC awaits DGH nod for $5 bn KG-D5 gas development plan

Cluster-3 is the UD-1 gas discovery in SDA in ultra deepsea that poses technological challenges

ONGC fixes record date for 1:2 bonus; stock hits fresh 52-week high

The stock was up 1.7% to Rs 300 in intra-day after the company fixed December 16 as record date for 1:2 bonus issue.

Oil production from Ratna, R-series to begin in 2019: ONGC

ONGC won back Ratna, R-series after the government cancelled award to Essar Oil

ONGC crosses daily production target; revises annual goal

Daily production of the company has already touched 16,300 tonnes compared to 15,300 tonnes in August 2015

ONGC plans to invest $10-15 billion in East Coast

At present, ONGC accounts for 50% of the country's total gas requirements

RIL-ONGC gas row: Arbitration next port of call

RIL contests any claim of compensation on the premise that it drilled all wells within its own block boundaries and only after explicit permission from govt

ONGC records 6.3% rise in Q2 net profits

ONGC board of directors recommended a bonus issue in the ratio of 1:2, subject to approval of shareholders

ONGC says Venezuela's PDVSA to supply oil

ONGC Videsh Ltd invested $190 million in 2009-10 in the San Cristobal project in Venezuela

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