ONGC
Moody's expected that ONGC will not be asked to share fuel subsidies, as long as oil prices stay below USD 70 per barrel.
Moody's assigns Baa1 rating to ONGC's proposed senior unsecured notes
20 Nov 2019 1:27 PM

The rating reflects ONGC's position as the largest integrated oil and gas company in India with significant reserves.

Witnessed the exchange of a MoU between ONGC and ExxonMobil to identify areas for exploration in deep water in east and west coast of India, Oil Minister Dharmendra Pradhan said in a tweet. (Photo: File | PTI)
Exxon Mobil, ONGC sign expertise-sharing deal
15 Oct 2019 12:20 PM

A growing demand in India amid a global slowdown and government policies have made investments and returns attractive.

Since acquiring the stake, ONGC has only been able to appoint one director to that firm's board.
ONGC free to sell stake in HPCL: Pradhan
14 Oct 2019 2:45 PM

ONGC has only got one member on the board and virtually no say in the management.

However, the oil producers gained, led by ONGC (1.40 per cent) and Oil India (0.26 per cent).
Oil-sensitive stocks dip
17 Sep 2019 1:41 AM

The country buys over two-thirds of its oil, mostly from the Middle East, making it most vulnerable to any rise in oil price.

ONGC has signed an MoU with the Assam government for enhancing its exploration and production activities in the state.
ONGC to invest Rs 13,000cr in Assam to drill over 220 wells
11 Sep 2019 1:39 PM

This investment is being made for drilling more than 220 oil and gas wells across the state, the company said.

The cumulative oil and gas gain from these projects is expected to be over 180 million tonne of oil and oil equivalent gas in their life cycle, said ONGC chairman and managing director Shashi Shanker.
ONGC investing Rs 83,000 cr in 25 projects; cumulative oil, gas gain over 180 MT
15 Aug 2019 5:07 PM

The firm produced 24.23 million tonne of crude oil in the 2018-19 fiscal year and 25.81 billion cubic metres of natural gas.

In the revised shareholding, under the 'statement showing the shareholding pattern of the Promoter and Promoter Group', it listed ONGC as a promoter with 77.88 crore shares or 51.11 per cent stake just below President of India with 'zero' shares.
HPCL files revised shareholding; lists ONGC as promoter
14 Aug 2019 3:33 PM

Securities and Exchange Board of India had asked HPCL to re-file shareholding pattern to stock exchanges by August 13, 2019.

In a regulatory filing HPCL made to stock exchanges on July 21, in the shareholding for the quarter ending June 30, 2019, HPCL again listed ONGC as "public shareholder" and not as its promoter.
HPCL refuses to recognise ONGC as its promoter
23 Jul 2019 12:34 PM

Oil and Natural Gas Corp in January last year bought the government's entire 51.11 pc stake in HPCL for Rs 36,915 crore.

The retail investors put in bids worth over Rs 5,000 crore Friday, taking the total bid value to about Rs 25,000 crore, sources said. (Photo: Representational)
CPSE ETF fund oversubscribed, investors put in bids worth Rs 25,000 cr so far
19 Jul 2019 8:03 PM

Government is looking to raise up to Rs 10,000 crore through the follow-on fund offer of CPSE Exchange Traded Fund.

International oil companies have stayed away from the three auction rounds held during the last three years that awarded exploration areas to companies that offered the biggest share of the revenue from oil and gas produced. (Photo: Representational)
India's overhauled oil policy unlikely to be a game-changer: Wood Mackenzie
17 Jul 2019 2:56 PM

Union Cabinet in February had approved a policy for awarding acreage, based primarily on exploration work commitment.


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