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Reliance Industries chairman Mukesh Ambani.

Govt asks RIL, Shell, ONGC to pay $3 billion

This comes after govt earlier won 'partial' arbitration award over cost recovery in PMT oil and gas fields.

18 July 2017 4:38 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.

HPCL stake sale: Govt seeks bids for bankers, legal firms

Government is keen to complete the transaction within the current fiscal.

30 July 2017 12:49 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.

ONGC seeks market freedom to open India's 8th sedimentary basin

India has 26 sedimentary basins, of which only seven have commercial production of oil and gas.

30 July 2017 11:19 AM IST

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

ONGC wins govt nod for Rs 7,738 cr GSPC stake buy

Company will also pay part consideration of Rs 1,295 crore to GSPC towards acquisition rights.

28 July 2017 2:40 PM IST

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

Petroleum Ministry to talk on ONGC-HPCL merger

HPCL will add 23.8 million tonnes of annual oil refining capacity to ONGC's portfolio.

15 March 2017 2:41 PM IST

For natural gas, the output is projected to drop from 19.73 bcm from current fields to 11.9 bcn in 2021-22.

ONGC eyes 17 per cent jump in crude output

ONGC sees crude oil output rising from 22.6 million tonne in 2017-18 to 26.42 million tonne in 2021-22.

4 April 2017 4:10 PM IST

Oil and Natural Gas Corporation

State oil producers bailed by government

Govt will not insist on levy of Rs 7,223 crore interest on payments that were due from April 2008.

28 Feb 2017 4:51 PM IST

Oil and Natural Gas Corporation or ONGC is a state-owned entity.

ONGC to take control of HPCL to create larger oil sector entity

Government of India will transfer its majority shareholding (of 51.11 per cent in HPCL) to ONGC.

27 Feb 2017 12:51 PM IST

Sensex opened higher at 26,756.66.

Eight of top 10 cos add Rs 66,708 cr in m-cap; RIL shines

TCS, HDFC Bank and ONGC saw a rise in their market capitalisation (m-cap) for the week ended Friday.

26 Feb 2017 10:31 AM IST

Oil and Natural Gas Corporation or ONGC is a state-owned entity.

ONGC to invest Rs 7,327 crore in four projects

Board of ONGC approved an investment of Rs 4,104.63 crore in development of R-Series fields.

24 Feb 2017 11:04 AM IST

Maruti Suzuki India

Maruti zooms past Infosys, ONGC in m-cap

With this the company stood at the eighth position in the top-10 m-cap ranking chart, ahead of Infosys and ONGC.

9 Jun 2017 6:45 PM IST

The price of gas between October 1, 2015 and March 31, 2016 was USD 3.81 per mmBtu and USD 4.66 in prior six month period. (Representational image)

Natural gas may be included in GST, to benefit ONGC

GST paid on inputs and services used for producing natural gas can be set off against taxes on its sale.

27 Jun 2017 2:46 PM IST