Dk Sarraf

At the side-lines of CNBC-TV18 Global Natural Resources Conclave in Delhi, Varinder Bansal caught up with DK Sarraf, CMD of Oil and Natural Gas Corporation (ONGC) and began by asking him about investment and merger plans.

Gas prices may fall below $ 2.50/mmBtu from October 1: ONGC

State-owned Oil and Natural Gas Corp (ONGC) today reported a 21 percent drop in its June quarter net profit as oil prices slumped and its output fell.

ONGC eyes tie-up with foreign service providers to boost output

Under the terms of the tie-up being discussed, firms such as Schlumberger NV and Halliburton Co will invest capital and share technical expertise in stagnant but producing ONGC hydrocarbon fields, DK Sarraf told Reuters.

New gas price for undeveloped discoveries to be $7/MMBtu: ONGC

DK Sarraf, CMD, ONGC says gas price for existing production remains unchanged at USD 3.8 per mmBtu.

Will finance 10% Anadarko stake buy via overseas mkt: OVL

In an interview to CNBC-TV18, DK Sarraf, managing director, ONGC Videsh Limited says the company will deliberate between ONGC and OVL on the funding of the Anadarko deal, but will raise capital from the overseas market than fund it internally.

ONGC sees one-time gain on royalty-sharing with Cairn

State-run explorer Oil and Natural Gas Corp expects a one-time gain of Rs 15 billion (USD 326 million) this fiscal year because of a reduction in royalty paid on Cairn India's Rajasthan blocks, its finance director said.

'ONGC told you so moment'; royalty is cost recoverable

Even though the Cabinet Committee on Economic Affairs (CCEA) cleared the Cairn-Vedanta deal, albeit with conditions, DK Sarraf, the Director (Finance) at ONGC finally feels vindicated.