Market price reflects the true value of HPCL shares: DK Sarraf, Chairman & MD, ONGC"ONGC is a very low geared company. Our debt to equity share is just about 30% and we have got a lot of borrowing capabilities," said Sarra...
20 Jul, 2017, 12.15 PM IST
Natural gas production will grow quite significantly: DK Sarraf, ONGC"The crude realisations this quarter have been one of the highest in the recent past of about one and a half year, two years and it has bee...
29 May, 2017, 11.09 AM IST
ONGC buys GSPC's KG stake for $995 million: DK Sarraf, CMDWe would not be raising any debt for this particular transaction. It is not going to be strain at all because this is already a developed a...
20 Mar, 2017, 12.54 PM IST
Volatility in oil prices can be handled well by integrated oil company: DK Sarraf, Chairman, ONGCIn an exclusive chat with ET Now, DK Sarraf, Chairman, ONGC, says that size really matters in oil business when asked about Finance Ministe...
02 Feb, 2017, 02.30 PM IST
ONGC considers buying stake in Gujarat State Petroleum Corp, appoint Ryder Scott for assesmentOil minister Dharmendra Pradhan had told reporters in June that the government would have no objection if ONGC reaches a deal with GSPC.
09 Sep, 2016, 01.55 AM IST
Gas price for ONGC may be slashed by 20%: CMD DK SarrafThis will be the fourth reduction in the last 18 months following the formula approved by the government in October 2014.
08 Sep, 2016, 09.18 PM IST
Hike in gas price is a dream decision from the government: DK Sarraf, ONGC CMDWith government easing the gas pricing norms, ONGC is planning to invest $4-5 billion in deepwater KG-basin block.
14 Mar, 2016, 02.58 PM IST
Government's policy will boost investment climate in oil & gas sector: ONGC Chairman DK SarrafA slew of policy measures announced by the government on Thursday will help accelerate investment in the oil and gas sector in the country,...
11 Mar, 2016, 04.00 AM IST
ONGC profit falls 64% in October-December on low crude pricesOil and Natural Gas Corp (ONGC) today reported 64 per cent drop in its December quarter net profit mainly because of one-time write off on ...
11 Feb, 2016, 09.00 PM IST
ONGC eyes higher pricing for KG basin gas to make project viableState-run ONGC hopes the government will make gas prices "attractive" for it to develop asset in the Krishna-Godaveri basin.
24 Nov, 2015, 07.36 PM IST
No clarity yet on subsidy-sharing burden, oil prices may stay near current levels in medium term: DK Sarraf, ONGC"However, in the long term, prices would definitely increase. But it's difficult to tell when that phase starts."
29 May, 2015, 11.33 AM IST
Need to be ready for lower gas prices: ONGCThe Centre's move to reduce natural gas price will change the math for key producers such as ONGC. According to ONGC CMD DK Sarraf, every $...
27 Mar, 2015, 02.15 PM IST
ONGC ramps up Mumbai offshore production by 8% as it faces scrutiny from oil ministryONGC has faced criticism for long delay in developing its deep-sea fields but its chairman DK Sarraf said the company was trying hard to qu...
27 Oct, 2014, 05.42 AM IST
Gas reserves at Mozambique field scaled up; ONGC, BPCL cheerONGC's giant gas field in Mozambique holds 45 to 70 trillion cubic feet (tcf) of recoverable reserves, 28 per cent more than the minimum es...
12 Mar, 2014, 12.16 AM IST
ONGC was 'under pressure' to act on RIL, admits director for exploration NK VermaONGC sought appointment of an independent consultant because Reliance was refusing to hold discussions, but the latter has sought a meeting...
05 Mar, 2014, 04.08 AM IST
Rovuma reserve likely to be revised upwards: DK Sarraf, OVLONGC Videsh managing director DK Sarraf is proud of acquiring another 10% stake in Mozambique’s gas-rich Rovuma basin from USbased Anadarko...
27 Aug, 2013, 10.19 AM IST
Russian government will grant tax sops to OVL's Imperial now: DK SarrafThe Indian government has finally made headway in convincing the Kremlin to delink the issue of granting tax sops to ONGC Videsh's (OVL) $2...
10 Aug, 2013, 03.43 PM IST