Oil Minister Dharmendra Pradhan’s assertion notwithstanding, oil refiner Hindustan Petroleum Corp Ltd (HPCL) continues not to recognise ONGC, it...
ONGC Will Not Sell Stakes to IOC & GAIL, Repays Its’ Debt from HPCL
ONGC had in January received government approval to sell its 13.77 per cent stake in Indian Oil Corp (IOC) and 4.86 per cent state in gas utility GAIL...
SBI , ONGC Top Gainers, IDBI, Rolta, HDFC are Among Key Attractions Sensex Shows a High Start
Market breadth, indicating the overall health of the market, turned positive. On the BSE, 858 stocks rallied, 457 stocks slipped, while 57 stocks rema...
ONGC Management Approves Organization’s Restructuring
The board of state-owned Oil and Natural Gas Corp (ONGC) has given in-principle approval for exploring options for a restructuring of the group firms ...
Up Goes Oil Prices, ONGC Profits are Significantly Up
According to ONGC, the net profit in the fourth quarter of 2017-18, the highest profit in last 17 quarters, was higher than Rs 4,340.18 crore net in t...
ONGC Wants Shareholders’ Approval for HPCL Deal
State-owned Oil and Natural Gas Corp (ONGC) to buy 51.11 percent stakes in Hindustan Petroleum Corp Ltd (HPCL) for Rs 36,915 crore. The acquisition fe...
ONGC Is Open for all Financing Options for the HPCL Deal
"We have various options available to us to fund this transaction," Sudhir Vasudeva, Chairman and Managing Director of ONGC.
ONGC to Acquire 51.11% Stakes in HPCL for Rs 36,915 Crore
ONGC will pay the government Rs 473.97 per share, a premium of over 10 per cent of the 60-days weighted average of HPCL's scrip.
ONGC Makes Oil, Gas Discoveries West of Mumbai
Petroleum Minister Dharmendra Pradhan said ONGC made the discoveries in the well WO-24-3 (WO-24-C) drilled west of Mumbai High fields.
ONGC Wants Higher Gas Price to Produce KG Basin, Kutch Discoveries
Government of India in October 2014 had evolved a new pricing formula using rates prevalent in gas surplus nations like the US, Canada and Russia to d...