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Business Line
Petroleum Minister meets US officials over OVL’s extraction ambitions in Venezuela
ONGC Videsh owns 49 per cent stake in Venezuela’s operational San Cristobal project and 11 per cent in Carabobo
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Thu, Sep 19, 2024
The Economic Times
Stock market update: Stocks that hit 52-week lows on NSE in today's trade
BPCL, Coal India Ltd, ONGC, Adani Ports SEZ and Shriram Finance were among the top losers on NSE in today's trade.
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Thu, Sep 19, 2024
The Economic Times
Stock market update: Stocks that hit 52-week lows on NSE
BPCL, ONGC, Hindalco, Coal India Ltd and Adani Ports SEZ were among the top losers on NSE.
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Thu, Sep 19, 2024
Mint
Ongc share are down by -1.72%, Nifty up by 0.51%
Ongc Share Price Today on 19-09-2024: On the last trading day, ONGC's stock opened at ₹287.05 and closed at ₹285.10. The stock reached a high of ₹289.15 and a low of ₹284.75 during the day.
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Thu, Sep 19, 2024
The Economic Times
Indian plans to keep buying cheap Russian oil, Hardeep Puri says
India will continue buying oil from Russian companies not under sanctions due to low prices, says Oil Minister Hardeep Singh Puri. With 88% of its oil needs imported, India seeks the cheapest suppliers. India also plans to expand its refining capacity and increase natural gas usage if prices stabilize.
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Wed, Sep 18, 2024
Mint
Ongc share are down by -1.63%, Nifty up by 0.23%
Ongc Share Price Today on 18-09-2024: On the last trading day, ONGC's stock opened at ₹298.25 and closed at ₹289.75. The stock reached a high of ₹298.25 and a low of ₹289.75 during the day.
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Wed, Sep 18, 2024
Business Standard
ONGC, OIL rise up to 2.5% as govt cuts windfall tax on crude oil to nil
Govt cuts windfall tax to nil: On Tuesday, Centre scrapped windfall tax on crude oil from Rs 1,850 per tonne amid ease in oil prices
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Wed, Sep 18, 2024
CNBC TV18
The Marketbuzz Podcast: All eyes on the Fed, Nifty Bank weekly expiry today
Marketbuzz Podcast: Indian markets may see a flat start according to the GIFT Nifty. Watch out for stocks like REC, SpiceJet, ONGC.
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Wed, Sep 18, 2024
The Economic Times
Natural gas output, consumption fall in August
In August, natural gas production and consumption in India both declined compared to the same month last year. Natural gas output dropped by 3.7% to 3,048 million metric standard cubic meters (MMSCM), with a 4.7% decrease in ONGC fields and a 3.5% decline in private sector fields.
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Tue, Sep 17, 2024
Mint
Prabhudas Lilladher sees oil price rebound to $75-80/bbl, upgrades ONGC and OIL ratings to 'buy'
Prabhudas Lilladher upgraded ONGC and OIL amid a projected recovery in oil prices to $75-80 per barrel. They expect improved gas realization and production growth, with ONGC's oil production CAGR at 3.4 per cent and OINL's at 8 per cent through FY26.
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Mon, Sep 16, 2024
Business Line
ONGC appoints Arunangshu Sarkar as Director to spearhead new energy, petrochem business
Before the elevation, Sarkar, a petroleum engineer from the Indian School of Mines, Dhanbad, was Group General Manager (Production) at ONGC
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Sun, Sep 15, 2024
Business Standard
ONGC gets director to spearhead new energy, petrochem business & strategy
Oil and Natural Gas Corporation (ONGC) has got a new director to spearhead its new energy, petrochemicals and corporate strategy as part of a board revamp aimed at breathing fresh life into the state-controlled behemoth. Arunangshu Sarkar has been appointed as Director for strategy and corporate affairs, ONGC said in a stock exchange filing. Before the elevation, Sarkar, a petroleum engineer from the Indian School of Mines, Dhanbad, was Group General Manager (Production) at ONGC. He had previously worked as General Manager (Strategy & Corporate Planning), ONGC Videsh Ltd - the overseas investment arm of ONGC. Two years back, the board of ONGC was reorganised. Besides creating the new post of Director (Strategy & Corporate Affairs), the post of Director (Production) was created after merging Director (Onshore), who is in charge of all oil and gas fields located on land, and Director (Offshore) who looks after all offshore assets, such as the prime Mumbai High fields. In ...
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Sun, Sep 15, 2024
The Economic Times
ONGC gets director to spearhead new energy, petrochem business
ONGC has appointed Arunangshu Sarkar as Director for strategy and corporate affairs in a board revamp aimed at revitalizing the company. Sarkar, previously Group General Manager (Production), will oversee joint ventures, downstream petrochemicals, new energy, corporate strategy, marketing, and legal. The restructuring follows McKinsey's Organisation Transformation Project recommendations.
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Sun, Sep 15, 2024
Business Standard
OIL to invest Rs 25,000 cr in clean energy for net zero emissions by 2040
State-owned Oil India Ltd plans to invest Rs 25,000 crore in clean energy projects to help achieve the net zero carbon emission goal by 2040, its chairman Ranjit Rath said on Saturday. OIL's net zero plan includes a combination of cutting down the flaring of gas and commercialisation of stranded gas as well as setting up renewable electricity generation capacity, building green hydrogen plants and constructing biogas and ethanol plants. The net zero plans will go alongside its target to raise crude oil and natural gas production to 9 million tonnes of oil and oil equivalent gas by 2025-26 from 6.5 million tonnes produced in the fiscal year ended March 31, 2024, he told reporters here. The company also plans to lay an 80-kilometer pipeline to bring natural gas from fields in Arunachal Pradesh to Assam to help replace polluting liquid fuels in transport as well as industries. "Achieving a net zero target involves a bouquet of activities," he said. It already has firmed up plans for
The Economic Times
Govt appoints Arunangshu Sarkar as ONGC's first Director (Strategy)
The government has appointed Arunangshu Sarkar as the first director (strategy and corporate affairs) on the ONGC board. This move is part of a broader restructuring effort to revitalize the organization. Sarkar will oversee strategy, business development, joint ventures, new energy, petrochemicals, marketing, and IT functions at ONGC.
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Sat, Sep 14, 2024
Business Standard
ONGC Green to acquire 100% stake in PTC Energy
PEL has an aggregate operational wind generation capacity of 288.80 MW located in Andhra Pradesh (AP), Madhya Pradesh (MP) and Karnataka. It operates a total of 157 Wind Turbine Generators (WTGs) across all its wind farms.
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Fri, Sep 13, 2024
Mint
Oil & Natural Gas Corporation share are up by 0.39%, Nifty down by -0.08%
Ongc Share Price Today : On the last trading day, ONGC opened at ₹296.05 and closed at ₹295.15. The stock reached a high of ₹297.20 and a low of ₹292.80 during the day.
Business Standard
Indian Oil to provide scholarships, medical insurance to para athletes
Public Sector Undertaking (PSU), Indian Oil Corporation on Thursday promised to provide monthly scholarships and medical insurance to the country's para athletes after their stupendous show at the just-concluded Paris Paralympics. The Indian contingent made history by securing 29 medals, including seven gold, nine silver and 13 bronze, marking the nation's best-ever performance at the Paralympics in Paris. Pankaj Jain, secretary, Ministry of Petroleum and Natural Gas, expressed his admiration for the para athletes and announced that Indian Oil will be further enhancing its support by introducing monthly scholarships, medical insurance, and sports kits for para athletes. "This historic performance is a testament to the resilience and determination of our para athletes," V Satish Kumar, Chairman and Director (Marketing), IndianOil, said during a felicitation function here on Thursday. "IndianOil is proud to have supported them on this incredible journey, and we remain committed to ..
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Thu, Sep 12, 2024
Mint
Oil & Natural Gas Corporation share are up by 1.07%, Nifty up by 0.32%
Ongc Share Price Today : On the last trading day, ONGC opened at ₹287.7 and closed at ₹288.3. The stock reached a high of ₹290.55 and a low of ₹286.6 during the day.
The Economic Times
ONGC, OIL, KABIL ink pact with UAE firm for critical minerals
ONGC Videsh, Oil India, and KABIL have signed a preliminary agreement with International Resources Holding RSC of the UAE to jointly acquire and develop critical mineral projects globally. This collaboration aims to leverage their combined expertise and resources to secure a stable supply of critical energy minerals, essential for the growing renewables and battery sectors.
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Wed, Sep 11, 2024
The Economic Times
Stock market update: Stocks that hit 52-week lows on NSE in today's trade
Tata Motors, ONGC, Wipro, SBI and Hindalco were among the top losers on NSE in today's trade.
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Wed, Sep 11, 2024
Business Line
ONGC Videsh, Oil India, Khanij Bidesh India ink MoU with UAE firm for critical mineral projects
MoU partners to tap mutual expertise for securing critical mineral supply
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Wed, Sep 11, 2024
Business Line
Market inches up as Auto, Finance stocks lead gains
The oil and gas sector faced significant pressure, with OIL down 4.67 per cent, ONGC declining 2.93 per cent, IOC falling 1.93 per cent, and Mahanagar Gas slipping 1.82 per cent
The Economic Times
ONGC, Oil India shares slip up to 6% on falling crude prices. Here is what analysts say
Oil India Share Price: Shares of ONGC and Oil India fell sharply on BSE due to a significant drop in crude oil prices, influenced by OPEC's revised demand forecasts. The decline in oil prices impacts the profit margins of these companies. However, sectors like paints, airlines, and FMCG may benefit from lower crude prices.
Mint
Oil & Natural Gas Corporation share are down by -2.66%, Nifty up by 0.12%
Ongc Share Price Today : On the last trading day, ONGC opened at ₹292.7 and closed at ₹287.8. The stock reached a high of ₹292.7 and a low of ₹287.3 during the day.
The Economic Times
ONGC, Hindalco among 5 stocks with short buildup
A short buildup happens with rising open interest and volumes, while prices drop, signaling expectations of a decline. On Wednesday, five stocks saw new short positions.
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Wed, Sep 11, 2024
CNBC TV18
ONGC shares fall as crude corrects, Nuvama says 'disappointment' in store
Nuvama wrote in a note that ONGC's earnings are poised for a significant decline, as crude prices have fallen below the $75 per barrel threshold, with the $67.5 per barrel level for gas also within reach.
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Wed, Sep 11, 2024
Business Standard
ONGC Videsh's focus on stakes in oil, gas assets amid energy transition
ONGC Videsh, the overseas investment arm of the country's top exploration company Oil and Natural Gas Corp has stake in 32 oil and gas projects in 15 countries
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Tue, Sep 10, 2024
The Economic Times
APPEC-India ONGC Videsh focuses on buying stakes in oil, gas producing assets amid energy transition
India's ONGC Videsh is prioritising the acquisition of stakes in overseas oil and gas producing assets due to anticipated declines in demand for conventional fuels. The company is shifting focus away from long-term exploration projects, except for those already in progress, according to its finance head Anupam Agarwal at the APPEC conference.
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Tue, Sep 10, 2024
The Economic Times
Stock market update: Stocks that hit 52-week lows on NSE in today's trade
ONGC, Tech Mahindra, Hindalco, NTPC and BPCL were among the top losers on NSE in today's trade.
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Mon, Sep 9, 2024
The Economic Times
ADNOC to supply Indian Oil with LNG for 15 years
The Abu Dhabi National Oil Company has signed a 15-year agreement to supply Indian Oil with 1 million metric tons of liquefied natural gas annually. The LNG will primarily come from ADNOC's Ruwais project, which is set to start production in late 2028 and will significantly increase the company's LNG capacity.
The Economic Times
ONGC, Birlasoft among 5 stocks with short buildup
This suggests that more traders anticipate a price drop and are building short positions.
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Mon, Sep 9, 2024
Business Line
Mid-day updates: Indian stock markets show modest gains despite mixed sentiment
Among the top gainers were Shriram Finance, SBI Life, Hindustan Unilever, ICICI Bank, and Britannia, while ONGC led the list of top losers.
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Mon, Sep 9, 2024