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Oil and Natural Gas Corp (ONGC) has become Indias first company to hold a meeting of its Board of Directors at high sea. (File Photo)

ONGC reports highest net profit of â‚¹40,306 cr; becomes India's 2nd...

ONGC displaced Tata Steel for the No.2 spot. Tata Steel on May 3 reported a standalone net profit of Rs 33,011.18 crore

29 May 2022 11:17 AM IST

India aims for half of state-run fuel stations to be solar-powered in five years. (PTI Photo)

Dilip Cherian | Winds of change: ONGC to scout renewables now

The government appointed Arun Kumar Singh, who had earlier headed BPCL, as the chairperson of ONGC.

12 Jan 2023 12:09 AM IST

Representative Image (PTI)

ONGC asks govt to cut cess, royalty, free gas price to help company...

While the gas price is way below the cost of production, high tax incidence is resulting in cash losses even on crude...

5 April 2020 12:49 PM IST

Prior to the merger, HPCL is likely to take over Mangalore Refinery and Petrochemicals (MRPL) to bring all the refining assets of ONGC under one unit.

ONGC seeks investment banker to manage HPCL acquisition

The board of ONGC on Monday gave 'in principle approval' for acquisition of the government stake in HPCL.

22 Aug 2017 7:45 PM IST

ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

GAIL, GSPL at loggerheads over transportation of ONGC gas

GAIL says its pipeline would cost Rs 85.36 crore while GSPL India Transco Ltd's pipeline would cost Rs 250 crore.

6 Aug 2017 3:10 PM IST

ONGC may buy all of the governments 51.11 per cent stake in HPCL

ONGC for new gas price formula, base cap of $4.2

The natural gas prices have halved to $2.5 per mmBtu since the formula was implemented.

23 March 2017 3:11 AM IST

ONGC may buy all of the governments 51.11 per cent stake in HPCL

ONGC financial ratio to remain same post HPCL acquisition: report

The divestment may be gradual and ONGC could meanwhile fund the HPCL stake purchase using a bridge loan.

25 July 2017 9:21 PM IST

Prior to the merger, HPCL is likely to take over Mangalore Refinery and Petrochemicals (MRPL) to bring all the refining assets of ONGC under one unit.

ONGC to not make open offer to smaller shareholders post HPCL merger

ONGC will not need to make open offer as government's holding is being transferred to another state-run firm.

23 July 2017 1:41 PM IST

ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

Fall in gas price take ONGC Q1 net profit down by 8.2 per cent

The company got USD 51.03 for every barrel of crude oil it produced from fields.

27 July 2017 8:39 PM IST

ONGC may buy all of the governments 51.11 per cent stake in HPCL

ONGC confirms govt slapping it, RIL, Dutch Shell with USD 3.9 bn...

The demand is in interpretation of contract for the Panna-Mukta and Tapti (PMT) oil and gas fields in the Arabian Sea.

27 July 2017 7:39 PM IST

ONGC may buy all of the governments 51.11 per cent stake in HPCL

ONGC reports 8 per cent drop in Q1 net profit

Revenue was up at Rs 19,073.54 crore, from Rs 17,784.75 crore in the first quarter of 2016.

27 July 2017 6:18 PM IST

ONGC may buy all of the governments 51.11 per cent stake in HPCL

Oil Min forms committees to monitor ONGC and OIL performance

These 'super-boards' will monitor performance of areas given to ONGC and Oil India Ltd on nomination basis.

5 Jun 2017 4:36 PM IST