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ONGC PRODUCTION PLANS
Stocks in news: LIC, IRFC, Cummins India, Tata Motors PV, ONGCIndian markets surged on Wednesday, recovering previous day's losses, with banking stocks leading the charge from a strong support zone, si...
Stocks in news: Sun Pharma, Tech Mahindra, Tata Motors, Voltas, ONGCIndian markets saw a dip on Friday, with IT stocks leading the decline. Analysts suggest profit-taking occurred near the 24,150 mark. Despi...
RIL shares jump 6% in 3 days, market cap soars by Rs 1 lakh cr ahead of AGM. Why Morgan Stanley still sees 38% upsideReliance Industries has added over Rs 1 lakh crore in market value in just three trading sessions ahead of its closely watched AGM. Despite...
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 ...
Seven Naga groups oppose Centre-Assam-Nagaland energy deal before settlement of issuesNaga groups are opposing a new energy exploration deal between the Centre, Assam, and Nagaland. They argue that natural resource ownership ...
Nagaland seeks restart of petroleum exploration as Rio discusses plans with Hardeep PuriNagaland Chief Minister Neiphiu Rio met Union Petroleum Minister Hardeep S Puri to discuss restarting petroleum exploration and production ...
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...
Bangladesh launches fresh offshore oil, gas tender with sweeter terms for foreign firmsBangladesh is seeking foreign investment for offshore oil and gas exploration. The country aims to increase its domestic gas supply and les...
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...
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...
ONGC rig pricing veto may tighten fuel tapIndia's offshore drilling sector is facing a significant challenge. Oil and Natural Gas Corporation (ONGC) has cancelled multiple tenders f...
ONGC shares rise 2% despite 18% drop in Q2 profit. Check target price by Nomura, Goldman SachsONGC shares rose up to 2.5% to Rs 255 on Wednesday despite an 18% YoY drop in Q2 profit to Rs 9,848 crore, weighed down by lower oil prices...
Ministry calls for PLI scheme to boost petroleum outputThe report didn't have more details on the idea of production-linked incentives in oilfields. Current government policies provide incentive...
ONGC plans production enhancement in its mature fieldsState-run ONGC plans to hike output from its onshore mature fields through production enhancement contracts (PEC) with oil and gas companie...
ONGC: Falling output, subsidy squeeze on capex weigh down stockIn spite of being the largest profitmaking listed company in India and always in the top three by market capitalization, ONGC hardly partic...
- ONGC is spending Rs 26,000 cr on 10 oil clusters
ONGC is spending Rs 26,000 crore to develop 10 oil and gas clusters to increase crude production by up to 4 million tonnes per annum by 201...
- ONGC to invest Rs 1,64,000 crore on exploration in 12th Five-Year Plan
State-owned Oil and Natural Gas Corp said it will invest Rs 164,000 crore on oil and gas exploration in the 12th Five-Year Plan (2012-17)
- ONGC plans to commence oil and gas production from Krishna Godavri basin in a month
State-run ONGC plans to commence oil and gas production from the Krishna Godavri basin in a month and start pumping hydrocarbons from anoth...