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Latest Articles in ongc

ONGC, Oil India In Talks For 50% Stake In $3.4 Bn Kenya Oilfield

It said the new partnership will replace a reluctant Indian Oil (IOC) union with ONGC Videsh, but, it is likely to face tough competition from Chinese energy giant Sinopec

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ONGC To Raise Its Shareholding In Mangalore SEZ To 49%

To raise its shareholding in the MSEZ, ONGC will acquire 1,15,20,000 equity shares at Rs 35 per share

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ONGC To Invest $7 Bn To Boost Output

Domestic crude oil and natural gas production in India has been declining in recent years and ONGC is under government pressure to increase output and reverse the pattern

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ONGC Contributes Rs 100 Cr To PM CARES Fund

According to the statement, the fund will facilitate the government's ongoing efforts to strengthen the healthcare infrastructure, specifically concerning fighting Covid-19 and the H3N2 influenza virus

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ONGC Inks MoU With French Multinational TotalEnergies

MoU will explore deep-water blocks, especially in Mahanadi and Andaman.

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Bumper Performance

Maharatna ONGC, India’s largest crude oil and natural gas company contributing around 70 per cent to India’s domestic production, is ranked fourth in the BW Real 500 companies list for the fiscal year 2021-22

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ONGC Unit Starts Oil And Gas Production In Arabian Sea

The unit is expected to handle up to 20,000 barrels per day of crude oil, with a maximum export gas capacity of 2.36 million cubic meters per day

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Stock Market Shine Is Back, Reliance Naval, TVS Motor To Give Good Returns

This week, the stock market closed with a boom for the second consecutive day on Tuesday. This came as a relief for those investing in the stock market, because so far the market had been showing a downward trend. For Wednesday too experts say that there are indications that the market momentum will continue

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Govt Appoints Arun Kumar Singh As ONGC Chief

In his 38 years of experience in the oil and gas industry, Singh has headed business units and entities in BPCL, such as retail, LPG, pipelines, and supply chain optimisation

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BPCL's Ex-Chairman Arun Kumar Singh Likely To Be Next ONGC Head

This is the first time a top PSU board-level position going to be represented by a person aged over 60 after the oil ministry gave the age relaxation criteria

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ONGC Q2 Net Profit Slumps 30% As Windall Tax Weighs

Sequentially, the profit slipped 15.6 per cent as in the June quarter of this fiscal it had reported a profit of Rs 15,206 crore

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ONGC Plans Stake in Russian Entity Managing Sakhalin 1: Report

The oil and gas firm seeks to retain a 20 per cent share in the assent, the reported stated citing sources familiar with the development

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ONGC’s Chairman & MD Not Selected In 17 Months: Sources

The sources said that Oil and Natural Gas Corporation (ONGC) expects to have a third interim chairman as no full-time replacement has been found in the past 17 months

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ONGC Signs Deal With ExxonMobil For Deep-sea Exploration In India

With its import dependence rising to 85 per cent for meeting oil needs, India has been seeking technical and financial support from global oil majors to find newer resources and raise domestic production. ONGC, the nation's top oil and gas producer, has been in talks with ExxonMobil for several months now to explore a partnership

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ONGC Q1 Results: Standalone Net Profit Jumps 251% YoY To Rs 15,206 Cr

Its standalone revenue from operations came in at Rs 42,320.72 crore, up 84 per cent for the quarter under review as against Rs 23,021.64 crore in the year-ago quarter

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