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ONGC bets on gas-led growth as premium pricing boosts profitabilityONGC anticipates natural gas will drive its future growth and profitability. New high-priced gas production is set to increase significantl...
Buy, Sell or Hold: Morgan Stanley maintains Equal-Weight on Pine Labs; retains buy on ONGCMorgan Stanley maintains a constructive outlook on select Indian largecap stocks in defence, energy, and fintech, citing strong growth pros...
After Mumbai High, ONGC brings in BP in other western offshore oil, gas fieldsIn a strategic alliance, ONGC has teamed up with BP to enhance the extraction of oil and gas from its aging offshore fields in the west. Th...
India to offer 21 oil, gas blocks in OALP-XI bid roundIndia is set to launch its 11th Open Acreage Licensing Policy (OALP) round, offering 21 oil and natural gas blocks spanning over 80,000 sq ...
ONGC plans oil trading biz with a target of $1 billion annual profitONGC is set to launch an oil trading business next fiscal year in partnership with an international firm, aiming for $1 billion annual prof...
ONGC plans to rope in BP experts for KG Basin fieldsONGC is planning to engage BP's experts to boost the development of its deepwater KG Basin fields, aiming to enhance recovery from mature f...
ONGC inks pact with BP for drilling stratigraphic wells in IndiaState-owned Oil and Natural Gas Corporation (ONGC) has signed a strategic Memorandum of Understanding with global energy major BP to drill ...
Exxon, BP & Shell explore tieup with ONGC in KG blockGlobal oil giants ExxonMobil, BP, and Shell are in discussions with Oil and Natural Gas Corp (ONGC). They are exploring a partnership for O...
Reliance-BP-ONGC trio strikes big on debut; ONGC corners most OALP-IX blocks, Vedanta grabs 7In a landmark collaboration, Reliance Industries, BP, and ONGC secured a Gujarat offshore oil block in the OALP-IX bid round. ONGC emerged ...
BP bets on NEC-25 for gas surge, credits PM Modi's reformsBP Plc is targeting increased natural gas production in India, spurred by recent government reforms. The company, in partnership with Relia...
India opens biggest oil, gas block bid round; 25 blocks on offerIndia has launched its largest oil and gas bid round, offering 25 blocks covering 1.91 lakh square kilometers, mainly offshore. This move a...
ONGC signs pact with BP for oil exploration, tradingOil and Natural Gas Corporation (ONGC) has signed a MoU with BP to explore collaboration in oil and gas projects in India and abroad. The p...
Jefferies foresees 50% upside potential in ONGC, stock up 3%Jefferies maintains a Buy on ONGC, setting a Rs 375 target (upside 50.5%), citing strong production growth and a BP partnership. Recent reg...
ONGC ropes in BP to increase Mumbai high field outputONGC has partnered with BP to increase production from the declining Mumbai High oil field by up to 60% over 10 years. This collaboration, ...
Ambani's Reliance won't lose old partner BP despite end of exclusivityBP will continue to pursue energy ventures with Reliance Industries in India despite the end of their exclusivity. Having invested over $12...
BP sees growing opportunities in India: CEO Murray AuchinclossBP's global CEO Murray Auchincloss highlighted growing business opportunities in India, citing their partnership with Reliance Industries i...
India's biggest oil, gas bid round gets 4 bidders; Reliance-bp-ONGC bid togetherIndia's largest oil and gas bid round got four bidders, including ONGC, OIL, Vedanta Ltd, and Reliance-bp plc. Most blocks received two bid...
ONGC to form an equal JV with EverEnviro to build 10 CBG plantsOil and Natural Gas Corp (ONGC) and EverEnviro Resource Management Pvt Ltd are joining forces to construct 10 compressed biogas (CBG) plant...
- ONGC is in talks with ConocoPhillips to forge Reliance-BP like alliance
There is a market speculation that ONGC has offered stakes in 18-19 oil and gas exploration blocks to ConocoPhillips.
No govt roadblocks seen in RIL-BP dealOfficials in the Directorate General of Hydrocarbons (DGH) say that RIL will also require approval of the management committees of 23 block...