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 Oil and Natural Gas Corporation

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updated Wed. March 21, 2018

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New Delhi: Shares of Oil and Natural Gas Corp (ONGC) on Monday rose by move than 4 per cent, after the company reported a 3.1 per cent rise in second quarter net profit. The stock gained 4.14 per cent to Rs. 191.15 on the Bombay Stock Exchange (BSE). At the National Stock Exchange (NSE), ...
New Delhi: State-owned Oil and Natural Gas Corp (ONGC) today reported a 3.1 per cent rise in its second quarter net profit as impressive gain from rising ... ONGC got $51.22 for every barrel of crude oil it produced in the quarter, up 6.9 per cent over $47.92 per barrel realisation in September quarter of ...

When announced in July, ONGC, one of the richest PSUs with a mount of cash, had pegged the cost of acquiring the 51.11 per cent government stake for around Rs. 32,000 crore, but since then HPCL stock has rallied and there are fears that the oil and gas explorer will have to shell out much more than ... Petroleum
The chopper, owned by private operator Heligo Charters Pvt Ltd and carrying two officials of the Oil and Natural Gas Corporation (ONGC), eventually made a safe landing. On March 10, the Dauphin helicopter carrying two pilots of Heligo and two ONGC officials began operations from the offshore oil ...
ONGC produced about 64 million cubic meters a day of natural gas in the first 10 months of the financial year that began in April, comprising about 72 percent of India's total ... ONGC spokesman Pallab Bhattacharya and oil ministry spokesman Prashant Pathrabe didn't respond to emails seeking comment.
The oil & gas space underperformed the market as IOC slipped more than 2 percent followed by ONGC, RIL, Gail and BPCL. Rakesh Patil. The market turned volatile in the afternoon trade as the indices trim the morning gains. The oil & gas space underperformed the market as IOC slipped more than ...

"Nifty is likely to remain range bound in the price band of 10,290 to 10,140 with the 200 daily EMA placed around 10,110," says Jaydeb Dey, Technical Analyst at at Stewart & Mackertich Wealth Management Ltd. Moneycontrol News @moneycontrolcom. By Jaydeb Dey. Stewart & Mackertich ...
Pawan Hans operates seven Dauphin N3 Helicopters for ONGC's offshore operations. These helicopters, based at Juhu airport, Mumbai and Rajahmundry, undertake passenger crew change service and production trips on a regular basis to meet the offshore requirements of the state-owned oil and ...
It will pre-pay the one-year tenure loan fro sale of one or more of its assets, he said. 0Comments. Are you a Business Owner? Get Your Free Business Listing on Economic Times. Register Now. Connect with us. Read more on. oil prices · ONGC · HPCL · oil · OPaL · Oil and Natural Gas ...
The Oil and Natural Gas Commission (ONGC) has clarified that allegations regarding its lack of proper environmental licences are based on “inferences drawn from partial data and incomplete information”. In a release on Tuesday, the organisation said that as on March 1, 2018, it has drilled a total of 712 ...
Pawan Hans operates seven Dauphin N3 Helicopters for ONGC's offshore operations. These helicopters, based at Juhu airport, Mumbai and Rajahmundry, undertake passenger crew change service and production trips on a regular basis to meet the offshore requirements of the state-owned oil and gas ...
NEW DELHI: Oil & gas stocks Oil India (down 2.77 per cent), Oil and Natural Gas Corporation (ONGC) (down 2.56 per cent) and Hindustan Petroleum Corporation (HPCL) (down 2.26 per cent) ... State Bank of India, ICICI Bank, ONGC, Adani Ports and Bharti Airtel were the top drags on the Sensex index.
Manas Jaiswal of manasjaiswal.com has a sell call on Oil and Natural Gas Corporation with a target price of Rs 174. ... Oil and Natural Gas Corporation, incorporated in the year 1993, is a Large Cap company (having a market cap of Rs 2,37,735.68 Crore) operating in Petroleum sector. Read this article in : ...
ONGC Videsh, the overseas arm of government-owned ONGC, has signed a cooperation agreement with Iran's IDRO Oil to jointly bid for a $900 million development plan of Susangerd oilfield in southwest Iran, Islamic Republic News Agency (IRNA) reported on Tuesday. ONGC did not comment on the ...
NEW DELHI: The government will now consult Oil and Natural Gas Corp (ONGC) and Oil India Limited (OIL) before taking away their discovered small fields for next round of auction to private players, in a bid to avoid row between state firms' executives and the oil ministry officials as has happened in the ...
India's ONGC Videsh is keeping options open to invest in US non-conventional oil plays, as operational efficiencies and lower breakevens are making it an attractive destination for global players, CEO Narendra K Verma said Monday. OVL, which is the upstream investment arm of ONGC, is the second ...
ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), has signed a pact with Iran's IDRO Oil to jointly bid for a USD 1 billion contract for development of Susangerd oilfield in southern Iran. The onland Susangerd field in the Khuzestan province is one of the newest finds, ...

The high court had dismissed the PIL saying it was "unsubstantiated" and "without merit", and had also rejected the opposition to the appointment of Shashi Shanker as the Chairman and Managing Director of the Oil and Natural Gas Corporation (ONGC). During the brief hearing today, Bhushan told the ...
MDMK leader Vaiko on Sunday alleged that the ONGC was operating in violation of the law in the Cauvery delta region and called for the region to be announced as a 'protected special agriculture zone'. In a statement, Mr. Vaiko quoted a report published by an organisation 'Cauvery Delta Watch,' based ...
PTI reported that state-owned Oil and Natural Gas Corp (ONGC) has sought shareholder approval for its decision to buy government's 51.11 per cent stake in Hindustan Petroleum Corp Ltd (HPCL) for INR 36,915 crore. With government also being a majority shareholder in ONGC, the acquisition fell in the ...
REFERRING to Pawan Hans helicopters as “flying coffins”, employees of the Oil and Natural Gas Corporation (ONGC) have expressed their fears about flying to and from offshore sites on board the state-owned helicopter service. In a letter to the top ONGC management, the Petroleum Employees Union ...
MUMBAI: , Energy majors ONGC Videsh -- a subsidiary of ONGC, and Oil India (OIL) besides other participating firms on Monday received approval from the government of Mozambique for the development plan of Golfinho-Atum natural gas field in the southern African nation. The Golfinho-Atum natural gas ...
This makes it clear that ONGC has attempted to render the fertile Cauvery delta region a desert. Trichy: The Oil and Natural Gas Corporation (ONGC) which has been destroying the environment of delta region and livelihood of the farmers should close down its ongoing exploratory operations and ...
Proxy advisory firm IiAS has questioned Oil and Natural Gas Corporation Ltd. (ONGC) seeking exemption from taking shareholders' nod for the acquisition of the government's stake in Hindustan Petroleum Corporation (HPCL), saying such leniency with regard to public votes is not warranted. ONGC bought ...
If you are interested in cashing in on Oil and Natural Gas Corporation Limited's (NSEI:ONGC) upcoming dividend of ₹2.25 per share, you only have 8 days left to buy the shares before its ex-dividend date, 13 March 2018, in time for dividends payable on the 29 March 2018. Investors looking for higher ...
NEW DELHI: The Oil and Natural Gas Corporation Limited (ONGC) has released a notification for recruiting Class 1 executives (at E-1 level) in the engineering and ... Departmental Candidates: Age relaxation will be extended to the departmental candidates to the extent of their services rendered in ONGC
With government also being a majority shareholder in ONGC, the acquisition fell in the definition of related party transaction for which shareholder nod is needed as per law, the company said in a shareholder notice seeking approval for the deal through a postal ballot.
KOCHI: A blast inside an Oil and Natural Gas Corporation (ONGC) tanker has killed five persons and injured others. Those who have ... The blast took place inside the water tank of the ONGC tanker Sagar Bhushan which is docked at the Cochin shipyard for about a month for maintenance work. The blast ...
From the Nifty, the stocks that gained the most were ONGC which jumped 3 percent followed by Tata Steel which added 2.6 percent. Hero Moto, Larsen & Toubro and Yes Bank were the other top gainers. The most active stocks included SBI which shed 3 percent followed by Tata Steel. HEG, Bank of ...
Market Now: SBI, BoB, ONGC among most traded stocks ... NEW DELHI: Shares of State Bank of India (number of shares traded: 1.40 crore), Bank of Baroda (0.74 crore), Oil and Natural Gas Corporation (ONGC) (0.62 crore) and SAIL (0.53 crore) were among the most active stocks in terms of volume on ...
Market Now: BSE Oil & Gas index up; ONGC top gainer ... Shares of Oil and Natural Gas Corporation (up 2.21 per cent), Oil India (up 1.68 per cent), Reliance Industries (up 1 per cent), Petronet LNG (up 0.24 per cent) .... Tata Steel, ONGC and YES Bank were leading among the gainers in the Sensex index.
While ONGC's present subsidiaries MRPL and OVL are headed by Managing Directors with ONGC Chairman being the company chairman, there is a thought that HPCL Chairman and Managing Director Mukesh Kumar Surana may be allowed to hold his designation and the Coal India Ltd (CIL) model for ...
Intraday reports for Oil and Natural Gas Corporation Ltd.(ONGC, 500312) Stock & Share Prices - February 6, 2018 ... Oil and Natural Gas Corporation Ltd. closed at Rs. 185.45 which was 5.35 points more than today's lowest price and 1.55 points less than the day's highest with the day's lowest being Rs.
Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "It is not all sells because after a 350-point gap down, there may be opportunities of small bounce backs in strong stocks. However, the levels are unimportant because the stop losses and targets that we are discussing are now going to go out of the ...
O il and Natural Gas Corp. is facing a delay of at least a year in starting production from its biggest project, according to people with knowledge of the matter. The nation's top explorer, which planned to produce gas from a deepwater block in the Krishna-Godavari basin off the country's east coast from June ...
Hindustan Petroleum Corp Ltd (HPCL) Chairman and Managing Director Mukesh Kumar Surana will continue to hold his designation if the firm's new promoter, ONGC is to follow the Coal India Ltd-model for governance of subsidiaries. ONGC last week completed acquisition of government's 51.11 per cent ...
India's ambitious move to allow state-owned Oil and Natural Gas Corp to take a majority stake in state-owned Hindustan Petroleum Corp Ltd will create the country's first integrated state-owned oil major, giving the combined entity an edge when competing in international markets. With ONGC firming up ...
ONGC said Wednesday it now owns a 51.11% stake previously held by the government in HPCL for 369.15 billion rupees ($5.8 billion). The government holds 67.72% of ONGC which is in the process of creating a vertically integrated structure, spanning from refining to retail, as a way to make itself more ...
This, in essence, is what the government proposes when it “asks” the Oil and Natural Gas Corporation Limited to buy some of the government's stake in Hindustan Petroleum Corporation Limited. Both are listed public sector units with minority shareholders. The government owns 68% of the Oil and Natural ...
"Moody's Investors Service, affirmed Oil and Natural Gas Corporation Ltd's (ONGC) 'Baa1' local and foreign currency issuer ratings, and the 'Baa1' ratings on the senior unsecured bonds issued by ONGC Videsh Ltd and ONGC Videsh Vankorneft Pte Ltd, both guaranteed by ONGC," the rating agency said.
New Delhi: State-run petroleum explorer Oil and Natural Gas Corporation (ONGC) announced Subhash Kumar has taken charge as Director ... Before joining as Director (Finance) of ONGC, Kumar served a brief stint with Petronet LNG Limited where he had joined as Director (Finance) in August last year.
Through this acquisition, ONGC will become India's first vertically integrated 'oil major' company, having presence across the entire value chain. ... In this process, ONGC has acquired significant mid-stream and downstream capacity and will attain economies of scale at various levels of operations.
A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. Oil and Natural Gas Corporation Limited (NSEI:ONGC) has returned to shareholders over the past 10 years, an average dividend yield of 3.00% annually. Should it have a ...
Subhash Kumar has been appointed to the Oil and Natural Gas Corporation (ONGC) board as Director (Finance). Kumar was earlier Director (Finance) at Petronet LNG. In his present role, Kumar will maintain the accounts of the country's largest oil and gas explorer.
Mumbai: Rating agency Moody's on Tuesday affirmed the ratings for state-run Oil and Natural Gas Corporation (ONGC) as 'stable' following the oil major's recent acquisition of majority shareholding in Hindustan Petroleum Corporation (HPCL). The transaction remains subject to requisite approvals from the ...
After closing at Rs. 205.15 yesterday, Oil and Natural Gas Corporation Ltd. opened at Rs. 203.85 today. Today's opening price was observed to have decreased 4.15 points as compared to yesterday's opening price. Also, the previous day observed a day high of Rs. 208.45 and a day low of Rs. 204.25 .
Oil and Natural Gas Corporation Ltd.(ONGC, 500312) Stock & Share Price Update With Analysis - January 29, 2018 ... Oil and Natural Gas Corporation Ltd. saw a decrease of 0.8 points from today's opening price with the current price being Rs. 207.2 while a change of -1.3(-0.62%) points was also ...
Oil and Natural Gas Corporation (ONGC) team has reached Banswara. The team has marked Semalda village as centre point and 2D surveys have started which will be complete in less than a week. As per ONGC PRO Rinku Rathore, the team is surveying Banswara and 15 states in Madhya Pradesh for ...
This is with reference to “ONGC-HPCL deal has logic, but can't address fiscal woes” (January 26). I think the ONGC-HPCL mega deal is merely a case of transferring money from from one pocket of the government to another. It is difficult to call it disinvestment in the strict sense of the term, though technically ...
HDFC Bank, ITC, Hindustan Unilever Ltd (HUL) and ONGC were among the companies that registered gains in their respective market capitalisations (m-cap) during the week to Thursday. Maruti Suzuki India was the only company to see a decline in valuation. PTI. Updated:January 28, 2018, 11:16 AM IST.


 

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