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ONGC OUTPUT
ONGC in talks to acquire PDVSA stakes in two Venezuela oilfieldsIndia's ONGC is in talks with Venezuela's PDVSA to acquire stakes in two oilfields, San Cristobal and Carabobo. This move hinges on ONGC se...- ONGC rebrands itself as ‘gas and oil’ firm as natural gas output overtakes crudeState-run ONGC is shifting its focus, now prioritizing natural gas over crude oil. Chairman Arun Kumar Singh announced that gas production ...
- ONGC's overseas arm set to revive Venezuela operationsONGC Videsh Ltd (OVL) had acquired assets overseas as part of increasing the state-run oil producer's crude output. The move to revive OVL ...
- Companies seek lifting of curbs on gas pipeline integrationIndian energy firms want the Petroleum and Natural Gas Regulatory Board to allow pipeline connections. This could free up nearly 10% of dom...
- Government revises windfall tax on fuel exports from June 1New windfall tax rates on fuel exports take effect from June 1, 2026. Taxes are back on diesel and aviation turbine fuel after a period of ...
- ONGC yet to take control of Cambay Block as Vedanta challenges govt moveONGC has not yet taken control of the Cambay basin block CB-OS-02. Vedanta is challenging the government's decision to reject the contract ...
- 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...
- Stocks in news: Premier Energies, Suzlon Energy, Paytm, Hindalco, ONGCIndian markets saw a strong rebound on Monday. The Nifty index surpassed 24,000 and is expected to move higher. Premier Energies saw a larg...
- ONGC picks BP as tech partner for Western Offshore fieldsBP already has a similar arrangement for ONGC's flagship Mumbai High fields, but the latest move significantly expands its role, making it ...
- 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...
- Aditya Birla group, KKR left in race for Sprng EnergyAditya Birla Group and KKR are vying to buy Shell's renewable energy firm Sprng Energy. Binding financial bids are in, and Shell will negot...
- ONGC shares rally 6% after govt cuts crude oil royalty; CLSA explains why it’s a big boostONGC shares surged 6% after CLSA termed the government’s decision to cut crude oil and natural gas royalty rates a major positive for upstr...
- Govt awarded 172 oil & gas blocks in 10 years, but negligible output brings policy and execution into focusIndia's ambitious oil and gas policy has failed to boost domestic production. Despite billions invested and extensive exploration, only one...
- ONGC shares jump over 4%, extend gains for second session. What’s triggering this rally?Shares of ONGC jumped over 4% on Tuesday as rising crude oil prices, driven by escalating US-Iran tensions and supply disruptions in the St...
- India crude oil production falls for 11th year, gas declines againIndia's crude oil and natural gas production continued to decline in 2025-26 due to ageing fields and a lack of new discoveries, increasing...
- Reliance, Essar top bidders for coal-based methane gas exploration blocksThe bidding frenzy for coal-bed methane blocks heats up as Reliance Industries and the Essar Group step into the ring. The Directorate Gene...
- India-China energy cooperation doesn't require warm relations, or lofty civilisational rhetoricIndia and China face a new opportunity in energy markets. Past cooperation in Africa, despite challenges, shows potential. Both nations see...
- Government may cap ONGC new well gas amid distributor concernsThe government is considering a price cap on ONGC's 'new well gas' following a 58% surge to $12.91 per mmbtu, driven by city gas distributo...
- Protest affects ONGC's production in Assam"Since today morning, our production has been hampered. Currently, we are not producing from any of the wells," an ONGC spokesperson said.
- List ONGC Videsh to unlock shareholder valueOVL, a 100% subsidiary of ONGC, is very much a ‘miniratna’ in its own right. Note that its annual output of crude oil is over eight million...
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