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FOUND: Ongc - What They Never Told You

L&T bags offshore order of up to Rs 5,000 cr from ONGC for India's west coast development projects

Larsen & Toubro's energy hydrocarbon offshore business secured a large order from ONGC. This order involves developing offshore projects off India's west coast. The scope includes new platforms and subsea pipelines for enhanced production. These projects support ONGC's continued investment in offshore assets. The developments aim to sustain output from…

The Economic Times

India needs energy innovation to reduce 88% oil import dependence: ONGC chief

To ensure energy self-sufficiency, India must boost its domestic oil and gas output. Arun Kumar Singh, Chairman of ONGC, highlighted the significance of innovation in minimizing import reliance. The emergence of startups is essential for creating groundbreaking technological advancements in the energy domain. Adjustments to procurement regulations for oil public…

The Economic Times

ONGC chairman selection: Seven shortlisted candidates to face second round of interviews

Seven candidates have been shortlisted for the ONGC chairman and managing director post, with a second round of interviews expected this week. The shortlist includes Oil India CMD Ranjit Rath, ONGC Videsh MD Rajarshi Gupta and senior executives from ONGC, OVL, MRPL and Indian Oil.

The Economic Times

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Value stocks are making a comeback in India. These 10 stocks could benefit

The value-stock universe in India is showing signs of recovery after a sharp decline during the previous bull run. ICICI Securities has identified 10 stocks, led by Vedanta, ONGC and Indian Oil, that meet its value criteria based on earnings yield, return on equity, valuations, earnings trends and potential catalysts.

The Economic Times

Stocks in news: Swiggy, Adani Ports, IDFC First Bank, Hexaware Technologies and Sun Pharma

Indian markets experienced a sharp decline on Wednesday due to global factors. Technical analysis suggests further downside potential for the Nifty index. Several companies like Swiggy and Adani Ports are in focus today. Hyundai Motor India aims to regain its market position with new launches. ONGC is reviewing its Venezuelan…

The Economic Times

ONGC to enter oil trading, build strategic reserves as upstream remains core

ONGC plans to enter crude and petroleum product trading operations soon. A new strategic petroleum reserve will be built in Mangalore. Exploration and production remain ONGC's central strategic focus. The company will spend one lakh crore on deepwater drilling by 2031. This expansion aims to strengthen supply security and extract…

The Economic Times

ONGC explores drillship acquisition/JV for deepwater capacity under Samudra Manthan

ONGC seeks dedicated deepwater drillship capacity for its exploration program. The state explorer issued an expression of interest for rig-broking consultants. This initiative supports the Mission Samudra Manthan national offshore exploration scheme. The government will provide financial support for deepwater exploration wells. ONGC aims to boost domestic oil and gas…

The Economic Times

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Oil India vs ONGC vs OMCs: What JM Financial’s $80 Brent call means for oil stocks

Brent crude may stay near eighty dollars a barrel for twelve months. Analysts favor Oil India and ONGC due to expected earnings growth. Oil India's refinery capacity expansion will drive future output increases. Oil marketing companies face pressure from lower integrated gross margins. Valuation and earnings concerns persist for HPCL,…

The Economic Times

Stocks in news: ONGC, BPCL, RailTel Corporation, Exide Industries and Lohia Corp

The Indian stock market experienced a downward trend for the sixth consecutive session on Tuesday, influenced by rising oil prices and soaring global bond yields. Key companies like ONGC and BPCL will attract attention due to recent corporate developments. More newsworthy, RailTel Corporation and Compucom Software have landed significant contracts…

The Economic Times

Stocks in news: Airtel, Paytm, SpiceJet, ONGC and ZEE

Markets extended their losing streak for a fifth consecutive session on Monday. Airtel Payments Bank appointed Shabnam Sinha as its new chairperson. Paytm's parent company will see a significant share sale on Tuesday. SpiceJet's bankruptcy petitions were deferred after a settlement was reached. ONGC secured a US license to resume…

The Economic Times

Picture perfect quarter? Nifty profit growth hits a 10-quarter high, but 5 stocks do the heavy lifting

Nifty firms have recorded their most impressive profit growth in a decade, boasting significant contributions from five leading companies, ONGC and Reliance among them, which accounted for sixty percent of this spike. Key sectors like metals and oil have made remarkable profit recoveries during this time, and broader market segments,…

The Economic Times

ONGC gets US licence to resume full Venezuela operations, eyes operatorship

ONGC has received a US Treasury license to resume full operations in Venezuela. This approval removes sanctions-related risks, allowing expanded production and new agreements. ONGC Videsh holds stakes in San Cristobal and Carabobo oil projects. The company expects to recover pending dividends and potentially take operatorship. India seeks to diversify…

The Economic Times

ONGC, Shell India ink pact to explore deepwater blocks, LNG sourcing

ONGC and Shell Energy India have signed a non-binding agreement for exploration. They will explore deepwater and ultra-deepwater oil and gas opportunities together. The companies will also assess potential liquefied natural gas sourcing options. This collaboration aims to enhance India's energy security and domestic resource development. The partnership supports India's…

The Economic Times

India expands LNG sourcing from 6 to 15 countries to cut supply risks: Govt

India has nearly trebled its liquefied natural gas suppliers to fifteen countries. The nation also broadened its crude oil sourcing network to forty-one countries. This diversification reduces dependence on any single supplier or transit route. India is also expanding its strategic petroleum storage capacity to manage supply shocks. These measures…

The Economic Times

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The Economic Times

Oil India chief Ranjit Rath among applicants for top job at ONGC

Oil India CMD Ranjit Rath is a leading contender for the ONGC chairman position. Eligibility criteria, including age limits, were relaxed for the top job. Several internal and external candidates have applied for the vacant ONGC chairman role. The selection process involves a search-cum-selection committee appointed by the oil ministry.

The Economic Times

India Energy Week moves to Kolkata, to be held from January 28-31 next year

India Energy Week 2027 will be held in Kolkata from January 28-31, marking a shift from Goa, where a Rs 1,000-crore convention centre was built as a permanent venue. The fifth edition will take place at the Biswa Bangla Convention Centre in New Town, with preparations reviewed by Oil Minister…

Newslaundry

TNM investigation on ONGC funds to Sangh-linked orgs mentioned in JPC on Corporate Laws Bill

The News Minute’s investigation that exposed how 14.7 percent of Corporate Social Responsibility (CSR) funds of Oil and Natural Gas Corporation (ONGC) was given to organisations linked to the Rashtriya Swayamsevak Sangh (RSS), was mentioned in front of the Joint Parliamentary Committee (JPC) on the Corporate Laws (Amendment) Bill, 2026.

The Economic Times

L&T bags major offshore orders worth Rs 5,000-10,000 crore from ONGC for pipeline replacement

Larsen & Toubro has secured significant offshore orders from ONGC. These orders are valued between five thousand and ten thousand crore rupees. The projects involve pipeline replacement and well head platforms off India's west coast. L&T Energy Hydrocarbon Offshore will execute these critical engineering projects. This reaffirms L&T's role in…

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The Economic Times

Stocks in news: PB Fintech, LIC, Trent, Ola Electric, and Cipla

In a day of mixed economic signals, Indian markets displayed notable volatility before settling at a flat close. PB Fintech enjoyed a substantial rise in profits thanks to robust growth in insurance premiums. ONGC is also gearing up to ink deals with Venezuela for managing oil blocks. Simultaneously, Ola Electric…

The Economic Times

ONGC eyes operatorship of two Venezuela oil blocks

ONGC plans to operate two Venezuelan oil blocks soon under new laws. The company regained its stake in Russia's Sakhalin-1 project last December. This restored stake increased the group's quarterly revenue contribution significantly. Venezuela offers additional incentives for operating fields with similar geology. ONGC expects positive developments and new agreements…

The Economic Times

Stocks in news: Paytm, LIC, Airtel, BSE and ONGC

Markets extended gains on Monday, driven by easing oil prices and strong quarterly earnings. Paytm's parent company sees investors selling shares worth up to Rs 2,002 crore. The government will offer shares in LIC to non-retail investors starting Tuesday. Airtel, ONGC, and BSE will announce their first quarter results today.…

The Economic Times

ONGC to reserve half of new oil storage for strategic reserves

India's Oil and Natural Gas Corp will reserve half of its planned oil storage. This new facility will meet the country's strategic petroleum needs. India is expanding its strategic petroleum reserve capacity with private participation. The nation plans additional storage facilities in Odisha and Padur. India currently has capacity to…

The Economic Times

ONGC plans 150 deepwater wells under Rs 84,084-crore Samudra Manthan Mission

ONGC will drill 150 deepwater wells over seven years. The Samudra Manthan scheme aims to boost domestic oil and gas exploration. This initiative will utilize advanced technologies and global specialists for faster discoveries. The government approved Rs 84,084 crore for this ambitious offshore exploration program. The goal is to strengthen…

The Economic Times

Stocks in news: IDFC Bank, Maruti Suzuki, ONGC, BoB, Adani Energy

In today's trade, shares of IDFC Bank, Maruti Suzuki, ONGC, BoB, Adani Energy among others will be in focus due to various news developments and first quarter results.

The Economic Times

ONGC starts drilling first deepwater well in Mahanadi basin under Samudra Manthan mission

ONGC began drilling its first deepwater exploratory well in the Mahanadi offshore basin. This ambitious campaign aims to tap India's vast hydrocarbon resources. The government has opened nearly one million square kilometers for exploration. Recent successes strengthen the outlook for offshore exploration efforts.

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