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ONGC Q2FY25 standalone net profit grows 17% to Rs 11,984 cr

Nov 13, 2024, at 03:15 am

Mumbai: State-owned ONGC reported a 17% rise in standalone net profit for the quarter ending September 2024, reaching Rs 11,984 crore compared to Rs 10,238 crore a year earlier, media reports said.

Arunangshu Sarkar joins the ONGC Board as first-ever Director of Strategy & Corporate Affairs

Sep 19, 2024, at 06:15 am

New Delhi: Arunangshu Sarkar has joined the ONGC Board as the company’s first-ever Director (Strategy & Corporate Affairs), effective September 17, 2024.

ONGC, NTPC enter JV to set up offshore wind energy projects

Feb 08, 2024, at 07:03 am

Goa: India's leading oil producer ONGC and the country's largest power company NTPC signed a joint venture agreement on Wednesday to establish offshore wind energy projects, marking a significant stride towards enhancing cooperation in the renewable energy sector. This agreement was signed during India Energy Week.

TotalEnergies, ONGC partner to detect and measure methane emissions in India

Feb 08, 2024, at 04:27 am

Kolkata: TotalEnergies and Oil and Natural Gas Corporation (ONGC) have signed a cooperation agreement to carry out a methane emissions detection and measurement campaign at the India Energy Week 2024.

Govt open to divesting stake in SBI, ONGC: Nirmala Sitharaman

Feb 03, 2024, at 05:07 am

New Delhi: Finance Minister Nirmala Sitharaman on Friday stated that the government is open to the concept of disinvesting equity stakes in prominent Public Sector Undertakings (PSUs), including the likes of State Bank of India (SBI) and Oil and Natural Gas Corp (ONGC).

ONGC extracts 'First Oil' from block in Krishna-Godavari Basin; production expected to reach 45,000 barrels/day

Jan 10, 2024, at 07:52 am

New Delhi: India's energy output is all set to get a mega boost as state-owned oil explorer ONGC started extraction on January 7 from a deep-sea project at the Krishna-Godavari Basin, with the potential to produce 45,000 barrels per day by May-June of this year.

OALP round-IX launched; ONGC wins 7, Reliance-BP one oil, gas blocks in round-VIII bid

Jan 04, 2024, at 08:50 am

New Delhi: The Ministry of Petroleum and Natural Gas (MoPNG) Wednesday signed contracts for 10 blocks awarded under Open Acreage Licensing Policy (OALP) bid round-VIII and three Coal Bed Methane (CBM) blocks awarded under Special CBM bid round-SCBM 2022.

ONGC planning to invest Rs 1 lakh cr to set up two petrochemical plants

Nov 16, 2023, at 04:21 am

Mumbai: India’s leading oil and gas producer and explorer ONGC is planning to invest approximately Rs 1 lakh crore in setting up two petrochemical plants aimed at directly converting crude oil into high-value chemical products, Moneycontrol reported.

ONGC Q2FY24 PAT jumps 142% to Rs 16,553 cr

Nov 11, 2023, at 03:27 am

Mumbai: Oil and Natural Gas Corporation Limited (ONGC) Friday disclosed a massive 142.4 percent surge in its consolidated net profit at Rs 16,553 crore during the second quarter of the fiscal year 2023-24.

ONGC to inject Rs 15,000 cr in OPaL

Sep 08, 2023, at 05:49 am

New Delhi: Oil and Natural Gas Corporation (ONGC) will inject about Rs 15,000 crore in OPaL as part of a financial restructuring exercise.

ONGC earmarks Rs 1 lakh cr for green initiatives, seeks collaborations for green hydrogen

Aug 30, 2023, at 05:45 am

New Delhi: Energy major Oil and Natural Gas Corporation Ltd (ONGC) will invest around Rs 1 lakh crore to scale up its renewable capacity and achieve multiple green initiatives by 2030.

ONGC Q1FY24 consolidated PAT sours 102% YoY to Rs 17,383 cr

Aug 12, 2023, at 04:52 am

Mumbai: Oil and Natural Gas Corporation Limited (ONGC) on Friday reported a massive 102% increase in its consolidated net profit for the first quarter of the financial year 2023-24.

ONGC turnover touches Rs 6,84,829 cr

May 29, 2023, at 09:49 pm

Mumbai: ONGC's consolidated turnover stood at Rs 6,84,829 crore in FY23, compared to Rs 5,31,793 crore in FY22.

Arabian Sea: ONGC discovers oil in two blocks

May 13, 2023, at 11:25 pm

Oil and Natural Gas Corporation Limited (ONGC) has made discoveries of Oil and Gas in MBS171HAA-1 (MBS171HAA-A)-“AMRIT” in OALP (Open Acreage Licensing Policy) block MB-OSHP-2017/1 in Mumbai Offshore (SW) on the Arabian Sea.

Manish Patil joins as ONGC's Human Resource Director

May 05, 2023, at 09:46 pm

Mumbai: Manish Patil has joined as the Director (Human Resource) of the Energy Maharatna Oil and Natural Gas Corporation Limited (ONGC).

ONGC’s Uran Plant collaborates with IIT-Bombay to develop innovative gas-sweetening process

May 04, 2023, at 03:18 am

Mumbai/IBNS: ONGC’s Uran Plant in Navi Mumbai has signed a research and development (R&D) agreement with the Indian Institute of Technology, Bombay (IIT-B) to develop an innovative gas sweetening process using nano-fluids.

ONGC's Coal Bed Methane block in Bokaro commissions new Gas Collecting Station

Apr 12, 2023, at 12:41 am

Mumbai: Oil and Natural Gas Corporation Limited (ONGC) on Tuesday has successfully commissioned a new Gas Collecting Station (GCS) in its Bokaro Coal Bed Methane block.

Cabinet approves revised domestic gas pricing guidelines, natural gas price set at 10 pct of Indian Crude Basket monthly average

Apr 07, 2023, at 05:43 am

New Delhi/IBNS: The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved the revised domestic natural gas pricing guidelines for gas produced from nomination fields of ONGC and other legacy old fields.

Centre to increase India's exploration acreage to 1.0 million sq. km. by 2030: Hardeep Singh Puri

Jan 29, 2023, at 05:44 am

Mumbai: The government intends to increase India's exploration acreage to 0.5 million sq. km. by 2025 and 1.0 million sq. km. by 2030, Union Petroleum and Natural Gas Minister Hardeep Singh Puri said on Saturday.

ONGC Q3FY22 PAT grows 220 pc to Rs 11,637 cr

Feb 12, 2022, at 07:27 am

Mumbai/IBNS: State-run oil exploration and production company ONGC Friday reported a consolidated profit after tax (PAT) of Rs 11,637 crore for the Q3FY22, up 220 percent from the profit of Rs 3,637 crore reported in the same quarter previous year.

ONGC appoints Anurag Sharma as CFO

Jan 23, 2022, at 12:41 am

Mumbai/UNI: State-run ONGC on Friday said it has appointed Anurag Sharma as its Chief Financial Officer.

Alka Mittal becomes first woman to head ONGC

Jan 06, 2022, at 02:03 am

Mumbai/IBNS: State-owned exploration and production company Oil and Natural Gas Company (ONGC) appointed Alka Mittal as its first woman chairman and managing director.

Don't give away prime assets to pvt sector on platter: ONGC officers' union to govt

Nov 21, 2021, at 11:51 pm

New Delhi/IBNS: The officers' union of the state-run oil exploration and production company ONGC has opposed the petroleum ministry's proposal to disinvest 60 percent stake and operatorship of Mumbai High and Bassein & Satellite (B&S) offshore assets to international partners for raising output, according to media reports.

ONGC reports PAT of Rs 18,749 cr in Q2FY22

Nov 13, 2021, at 05:55 am

Mumbai/IBNS: The state-owned oil and gas exploration and production company ONGC announced a consolidated profit after tax (PAT) of Rs 18,749 crore increasing 234 percent from Rs 5,675 crore in the same period last financial year and 174 percent higher from a PAT of Rs 6,847 crore in the last quarter.

ONGC moves up by 5.55 pc to Rs 112.20

Feb 23, 2021, at 10:41 pm

Mumbai/UNI: ONGC on Tuesday rallied by 5.55 pc to Rs 112.20 a major gainer in 30 scrips of BSE.

ONGC moves up by 5.84 pc to Rs 102.45

Dec 14, 2020, at 10:01 pm

Mumbai/UNI: ONGC on Monday surged by 5.84 pc to Rs 102.45 a major gainer in 30 scrips of BSE.

ONGC moves up by 5.68 pc to Rs 96.80

Dec 11, 2020, at 11:23 pm

Mumbai/UNI: ONGC on Friday surged by 5.68 pc to Rs 96.80 a major gainer in 30 scrips of BSE.

ONGC moves up by 3.28 pc to Rs 92.80

Dec 07, 2020, at 09:59 pm

Mumbai/UNI: ONGC on Monday rallied by 3.28 pc to Rs 92.80 a major gainer in 30 scrips of BSE.

ONGC moves up by 6.84 pc to Rs 76.50

Nov 23, 2020, at 10:50 pm

Mumbai/UNI: ONGC on Monday rallied by 6.84 pc to Rs 76.50 a major gainer in 30 scrips of BSE.

NTPC earns 4.75 pc, ONGC losses 1.34 pc

Aug 21, 2020, at 10:45 pm

Mumbai/UNI: NTPC on Friday rallied by 4.75 per cent to Rs 105.95 a major gainer in 30 scrips of BSE while ONGC loses by 1.34 per cent to Rs 81.05.