ONGC may look at selling stake in other PSUs to fund HPCL acquisition“There are many funding options available. We can look at market borrowings, we have some stocks we can sell,” Chairman and Managing Direct...
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...
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...
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...
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...
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.
Lower crude prices, and lower subsidy burden helped Q1 numbers: Dinesh K Sarraf, CMD, ONGCA very significant portion of our crude oil and other petroleum products products are sold at market-determined price, says Sarraf.
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."
MRPL to start fuel retailing business in FY16The government deregulated diesel sales late last year, sparking interest from private players such as Reliance Industries and Essar Oil to...
ONGC chief Dinesh K Sarraf says it is ready to take a leading role in helping country achieve energy securityONGC Dinesh K Sarraf feels he has succeeded in inducing something fundamental into the company: Confidence.
Government reconfirms appointment of Dinesh K Sarraf as ONGC headSarraf, 57, was selected to head Oil and Natural Gas Corp (ONGC) by the previous UPA government in August 2013. He took charge of the post ...
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 $...
Oil and Natural Gas Corp directors in race for top job at OVLThe post of MD, OVL, became vacant in March when Dinesh K Sarraf moved as the chairman and managing director of Oil and Natural Gas Corp (O...
Veerappa Moily defends seeking extension for Sudhir Vasudeva as ONGC chairmanM Veerappa Moily defended seeking extension for Sudhir Vasudeva as Chairman of ONGC, saying he was not backing a tainted or corrupt person.
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...
- ONGC's D K Sarraf adjudged Best CFO in PSUs
Oil and Natural Gas Corp (ONGC) Finance Director D K Sarraf has been adjudged the Best CFO of a Public Sector Unit in the 2009-10 financial...
- D K Sarraf joins as Director (Finance) of ONGC
D K Sarraf has joined as the new Director (Finance) of ONGC.