ONGC Q2FY25 standalone net profit grows 17% to Rs 11,984 cr
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
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
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
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
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).
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
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
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
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
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
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
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
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
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
Mumbai: Manish Patil has joined as the Director (Human Resource) of the Energy Maharatna Oil and Natural Gas Corporation Limited (ONGC).