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ONGC STAKE BUY
LIC’s $2 billion contrarian bet: 10 stocks the DII giant bought while the market bledLife Insurance Corporation of India invested nearly $2 billion in 10 stocks during the March quarter's market fall. LIC bought shares in co...- ONGC weighs raising stakes in Russian oil despite Shell snubONGC, Bharat Petroleum, Indian Oil, and Oil India have also held preliminary discussions among themselves to evaluate buying BP's 20% stake...
- ONGC not in a hurry to offload stake in IOC, GAILONGC holds 13.77 per cent stake in oil refiner IOC and 4.86 per cent in GAIL India.
- Buyer of govt's 51% stake in Pawan Hans can decline ONGC's 49% holding
- ONGC repays a third of loan taken to buy HPCLONGC had borrowed Rs 24,881 crores on a short-term loan to fund buying the government's 51.11% stake in HPCL. The remaining came from its c...
- India sees scope for more integration among state energy companiesIndia wants to build bigger oil companies to better compete with global energy giants and withstand oil price volatility through integratio...
- ONGC seeks access to data room to fix HPCL acquisition priceONGC has so far been given an information memorandum by govt's transaction advisor which ONGC feels is not sufficient to arrive at a valuat...
- HPCL acquisition would be negative for ONGC: CLSAONGC shares ended up 0.4% at Rs 169 and HPCL shares closed down 0.1% at Rs 541.
- ONGC keen to buy HPCL, may cost about Rs 42,254 croreONGC is in favour of acquiring HPCL, which has a market cap of Rs 54,797 crore and buying government's entire 51.11 per cent stake would en...
- ONGC may acquire HPCL in $6.6 billion dealHPCL will add 23.8 million tonnes of annual oil refining capacity to ONGC's portfolio, making it the third-largest refiner in the country a...
- Government's plan to create an integrated oil company may see ONGC taking over HPCL or BPCLThe govt, however, does not intend to tinker with any of the other upstream cos such as Oil India Ltd, or downstream ones like Indian Oil C...
- ONGC, OIL want to buy IOC shares at 6-month average priceThe Board of ONGC a few days back deliberated on the offer to buy half of the 10 per cent stake that the government wants to disinvest in I...
- India loses $5 bn bid for Kashagan oil field to ChinaONGC has lost the Kashagan oilfield to the Chinese after Kazakhstan blocked its $5 bn deal to buy ConocoPhillips' stake in Caspian Sea oilf...
- ONGC shares gain nearly 4% on BSEONGC's shares ended 3.80 per cent higher at Rs 310.20 on the BSE. During the intra-day, the stock surged 5 per cent to Rs 313.80.
- ONGC announces $2.5 bn deal, withdraws hours laterOIL too felt such an announcement was at least a couple of days away and should have been done only when the requisite agreements had been ...
- ONGC to buyout BG stake in 3 oil and gas exploration blocksONGC will buyout British energy major BG Group's stake in three of its eastern offshore oil and gas exploration blocks.
- Cairn-Vedanta deal not sale of oilfield interest, ONGC toldCairn Energy said the transaction was a change of shares at corporate level and does not trigger pre-emption rights by partners such as ONG...
- ONGC sends reminder to UK's Cairn Energy regarding share saleThe company sent the reminder on September 10, ONGC said in a filing to the Bombay Stock Exchange.
- ONGC keen to grab a share in Ghana's Jubilee oilfieldState-run Oil and Natural Gas Corp (ONGC) is interested in acquiring a stake in Ghana's giant Jubilee oilfield, but the African nation has ...
- ONGC to revise bid for Panna-MuktaOIL and Natural Gas Corporation is likely to improve its offer of about $300 million for acquiring Enron's 30 per cent stake in Panna-Mukta...
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