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Govt's gas pricing formula not viable to develop KG gas: ONGC

04-02-2016| Source:PTI

ONGC plans to invest multi-billion dollars in bringing to production its Krishna Godavari (KG)-basin oil and gas discoveries by 2018-19.

Short ONGC, target Rs 206: Rajat Bose  

03-02-2016| Source:CNBC-TV18

Rajat Bose of recommends shorting ONGC with a target of Rs 206.

Six in Sixty: Stocks you should keep on your radar  

02-02-2016| Source:CNBC-TV18

CNBC-TV18's Mangalam Maloo lists out stocks that you should focus on ICICI Bank, Axis Bank, Kotak Mahindra Bank, State Bank of India, Tech Mahindra, Sun Pharma, Cipla, Tata Steel, Hindalco, Cairn India, Vedanta, ONGC.

ONGC seeks govt stay on gas price revision scheduled for April 1  

02-02-2016| Source:CNBC-TV18

Oil and Natural Gas Corporation (ONGC) has asked to introduce floor price of USD 4.20 for gas price.

SC dimisses TN govt plea against GAIL LNG pipeline  

02-02-2016| Source:CNBC-TV18

The Supreme Court today dismissed a plea by the Tamil Nadu government against GAIL's Kochi-Mangalore liquefied natural gas pipeline and quashed the state government's notification that had sought its

Sell MCX Natural Gas Feb; target of Rs 143.30/140: Way2Wealth


Way2Wealth has recommended to sell MCX Natural Gas Feb around Rs 148.50 with a stop loss of Rs 151.20 for the target price of Rs 143.30/140, in its research report dated Feb 02, 2015.

Dec core sector up 0.9% vs -1.3% in Nov  

01-02-2016| Source:CNBC-TV18

. Crude oil and natural gas were, however, a disappointment.The April to December growth was at 1.9 percent, compared to 5.7 percent during the same period last year.The eight core or infrastructure sectors

MRPL appoints Akshaya Kumar Sahoo as Director Finance

01-02-2016| Source:PTI

Akshaya Kumar Sahoo, a Cost Accountant, was General Manager Finance at MRPL before being elevated to the Board position, the company said in a statement. He takes over from Vishnu Agrawal who superannuated on January 31.

ONGC Q3 results on Feb 11, 2016


Oil & Natural Gas Corporation board meeting will be held on Feb. 11, 2016, to consider and approve Un-Audited Financial Results for the Third Quarter and nine months ended December 31, 2015 (Q3

'India a bright spot in the gloomy global energy industry'

29-01-2016| Source:PTI

and review or shelve projects. As a market, the Indian energy demand growth is driven by the strong economic performances and the increasing middle class spending while state-run Oil and Natural Gas

EIL share sale fully subscribed, govt may get Rs 637 cr

29-01-2016| Source:PTI

at Rs 198.10 on BSE. The government currently holds 69.37 percent in EIL, a public sector company under the Ministry of Petroleum and Natural Gas.It provides engineering and construction consultancy

Govt may re-impose customs duty on crude oil imports

28-01-2016| Source:PTI

and lower when rates fall. Currently, state-owned Oil and Natural Gas Corp (ONGC) and Oil India Ltd (OIL) pay a cess of Rs 4,500 per tonne on crude oil they produce from their allotted fields on a nomination

Shell shareholders approve $50 billion BG takeover

28-01-2016| Source:Reuters

BG shareholders are also expected to approve one of the biggest deals in the energy sector in the past decade at a meeting on Thursday, a vote that would allow the two oil and gas companies to merge

Dharmendra Pradhan, Maha CM discuss setting up of oil refinery

25-01-2016| Source:PTI

Union Petroleum and Natural Gas Minister Dharmendra Pradhan met Maharashtra Chief Minister Devendra Fadnavis today to discuss setting up of an integrated oil refinery in Konkan region of the state

ONGC gets green nod for KG basin infra project

24-01-2016| Source:PTI

of gas over a period of 16 years and 26.71 million cubic meters of oil in 12 years, he said.Among specific conditions, ONGC has been asked to obtain CRZ (coastal regulation zone) clearance, approval from

Top seven cos lose Rs 51,647 cr in market cap

24-01-2016| Source:PTI

Sluggish trend in the stock market pulled down the combined market capitalisation of seven of the top 10 most valued firms by Rs 51,647.43 crore last week.

India eyes Africa's vast resources to meet rising energy demand

23-01-2016| Source:Reuters

and development to ONGC Videsh, the overseas arm of Oil and Natural Gas Corp.

Oil prices to average $33/barrel on low demand: Moody's

22-01-2016| Source:PTI

expects the rise in Iranian oil output this year to offset or exceed production cuts in the US. The report on Global Oil and Natural Gas Industry said current large global inventories will take time

OVL signs MoU with Equatorial Guinea

22-01-2016| Source:PTI

The memorandum of understanding (MoU) is part of efforts of Indian flagship overseas oil and gas firm to expand its presence in hydrocarbon rich African continent.

IL&FS Eng wins Rs 52.40 cr contract from GAIL

21-01-2016| Source:PTI

of issue of LoA," the company said. The firm is executing an EPC (engineering, procurement and construction) contract for Indian Strategic Petroleum Reserves Ltd, Ministry of Petroleum and Natural Gas

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