Page 6 - Ongc

ONGC, Tata Power Renewable sign pact on battery storage solutions

State-owned Oil and Natural Gas Corporation (ONGC) on Wednesday signed an initial pact with Tata Power Renewable Energy Ltd to explore collaborative opportunities in the Battery Energy Storage System (BESS) value chain. ONGC has been stringing around deals in clean energy as part of its target to scale renewable energy capacity to 10 gigawatts by 2030 a part of its target to achieve net zero carbon emission by 2038. Besides solar and wind energy projects, ONGC is looking at round-the-clock renewable power capacity to meet this target. "ONGC has signed a non-binding Memorandum of Understanding (MoU) with Tata Power Renewable Energy Ltd (TPREL), a subsidiary of The Tata Power Company Ltd, to explore collaborative opportunities in the BESS value chain at India Energy Week 2025," the firm said in a statement. The pact will explore a range of applications across the BESS value chain, including utility-scale energy storage systems, grid stabilisation and ancillary services, renewable ener

Stocks to Watch, Feb 11: Nykaa, Berger Paints, Vi, Eicher Motors, GAIL

Stocks to Watch on February 11, 2025: From Nykaa to Berger Paints, here is a list of stocks that will be in focus today

Dividend stocks: GAIL, ONGC, CAMS, 24 others to remain in focus today

Here is the complete list of stocks that will remain in the spotlight during trading sessions following their dividend announcements to shareholders as they turn ex-date on Friday, February 7, 2025

Higher production likely to help revive investor sentiment in ONGC

Brent crude oil price per barrel averaged $75 in Q3 (vs $80.7 in Q2), with weak demand and comfortable supply

ONGC share price falls 3% after weak Q3 results; Profit drops 19% YoY

The drop in ONGC share price came after the company reported a weak set of results in the December quarter of financial year 2025 (Q3FY25)

ONGC Q3 FY25 results: Net profit plunges 19.4% to Rs 8,621 crore

However, the Q2 profits were recorded even as the company saw gross revenue decline marginally by 0.7 per cent to Rs 1.66 trillion, down from Rs 1.67 trillion registered in Q3 FY24

Q3 results, Jan 31: Pfizer, Sun Pharma, ONGC, Nestle to post earnings today

Q3 FY25 company results, January 31: Vedanta, Nuvama, Punjab National Bank, IndusInd Bank, and Bandhan Bank will be among 135 companies to release their reports for the Oct-Dec quarter

ONGC adds 65 new ambulances for effective internal operations in Assam

In a step towards enhancing safety and emergency response, energy major Oil and Natural Gas Corporation (ONGC) has ramped up its fleet of ambulances in Assam by adding 65 new vehicles, an official said on Friday. The new ambulances, which were leased from the Assam State Transport Corporation (ASTC) for a period of five years, were added to ONGC's fleet in Sivasagar, he said. Out of the total ambulances, 63 are equipped with essential features, like foldable seats, swiveling fans, autoloader stretchers and provisions for 2.2 L oxygen cylinders. "These ambulances will be strategically deployed across ONGC Assam Asset's operational sites, including drill locations, workover rigs and production installations," the official said. Besides, two advanced life support (ALS) ambulances fitted with critical life-saving equipment such as ventilators, defibrillators, suction pumps and oxygen delivery systems have also been hired, he said. The company has decided to deploy these two ALS ambula

Stocks to Watch, Jan 9, 2025: TCS, TaMo, M&M, Manappuram Finance, LIC, MOIL

Stocks to Watch, Jan 9, 2025: From Tata Motors to Manappuram Finance, here are few stocks that will be on investors' radar today

Chambal Fertilizers, ONGC: Religare Broking's Ajit Mishra's 2 stocks to buy

Nifty today: Ajit Mishra of Religare Broking recommends maintaining a "sell on rise" strategy for the Nifty index while prioritising prudent stock selection

London-based BP wins ONGC contract to boost Mumbai High production

As Technical services provider, BP has promised to raise output by 60% at India's largest oilfield

Production ramp-up, higher realisations expected to drive gains for ONGC

Upstream player ONGC has seen strong buying although 3QFY25 is expected to be flat

ONGC joins hands with BP to boost oil and gas production in largest field

The field reached a peak production level of 471,000 barrels per day of oil in March 1985, and its output had declined to about 134,000 bpd in April 2024, according to the tender document floated

Stocks to Watch, Jan 6, 2025: Nykaa, HDFC Bank, Bajaj Finance, HUL, RIL

Stocks to Watch, Jan 6, 2025: From Nykaa to HDFC Bank, here is a list of stocks that will be on investors' radar today

Gas for LPG set to be diverted to city gas distribution companies

The latest order instructs ONGC and GAIL to divert 0.637 MMSCMD of gas, currently utilised for LPG production, towards CGD. Currently, 2.55 MMSCMD of gas is used for LPG production

ONGC, Oil India shares surge 4% as crude oil prices hits over 2-month high

ONGC share price: Brent crude futures were trading above $76 per barrel-mark, while WTI Crude was around $73.4 per barrel. Both of them were higher by up to 0.36 per cent today

Pawan Hans secures Rs 2,000 cr contract for ONGC offshore helicopter ops

Pawan Hans will deploy made-in-India Dhruv NG helicopters, manufactured by Hindustan Aeronautics Ltd (HAL), to the Oil and Natural Gas Corporation

Farmers' protest, Cyclone Fengal, windfall tax, Joe Biden pardons Hunter & more

Today, both houses of the Parliament agreed to hold discussions on the Indian Constitution. The debate will be held on December 13 and 14 in the Lok Sabha, and 16 and 17 in the Rajya Sabha.

Stocks to Watch, Nov 29: SBI, PC Jeweller, Nazara Tech, Adani Group shares

Stocks to Watch, Nov 29: Here are few stocks that will remain in focus for today's session

ONGC awaits mining lease for new oil field discoveries in WB's Ashokenagar

State-owned Oil and Natural Gas Corporation (ONGC) has made four more discoveries since it first made an oil field near Asokenagar in West Bengal six years back but is still awaiting the state government's nod for a petroleum mining lease to develop them, Oil Minister Hardeep Singh Puri said on Thursday. ONGC notified the first Asokenagar discovery in Block WB-ONN-2005/4 on September 24, 2018, Puri said in a written reply to a question in Lok Sabha. The discovery, he said was the outcome of continuous exploration efforts of ONGC in the Bengal sedimentary basin over five decades. As per initial laboratory studies, crude oil, which is refined into fuels like petrol and diesel, discovered in the Ashokenagar discovery is a light variety with American Petroleum Institute (API) gravity of 40-41 degrees and is almost similar to Bombay High and Brent Crude. "ONGC, accordingly, applied on September 10, 2020, to the Government of West Bengal for a grant of Petroleum Mining Lease (PML) for an