Apr 12, 2021 05:24 PM IST
According to the tender document, ONGC intends to start natural gas sale from its KG-DWN-98/2 block, which sits next to Reliance Industries Ltd (RIL)-BP Plc operated KG-D6 fields, from June-end.
- Mar 31, 2021 06:28 PM IST
However, gas produced from difficult fields was seen down by 11 percent for the period, as compared to October to March period.
- Mar 14, 2021 11:23 AM IST
While Oil and Natural Gas Corporation (ONGC) maintained production levels, output by other operators has dropped, leading to an overall fall in India''s output and a sharp rise in import dependency.
- Mar 10, 2021 03:43 PM IST
Earlier this year, IEX announced the strategic investments of 5 percent each by leading players in the gas value chain – Adani Total Gas, Torrent Gas and GAIL (India) Ltd in IGX.
- Mar 02, 2021 08:07 PM IST
State-run Oil and Natural Gas Corporation (ONGC) had won seven out of 11 geographical areas on offer under the fifth bidding round held last year under the OALP. Oil India (OIL) won the remaining four blocks.
- Feb 22, 2021 03:27 PM IST
Emkay Global Financial is bullish on ONGC has recommended buy rating on the stock with a target price of Rs 130 in its research report dated February 18, 2021.
- Feb 16, 2021 11:33 AM IST
- Feb 16, 2021 10:21 AM IST
CLSA has raised the company's FY21 EPS by Rs 10-185 on stronger crude in Q4 and FY22-23. It said ONGC's standalone Q3 EBITDA was 13 percent ahead of its estimates, as reported by CNBC-TV18.
- Feb 15, 2021 06:15 PM IST
India, the world's fourth biggest importer of liquefied natural gas, wants to boost local gas output as Prime Minister Narendra has set a target to raise the share of the cleaner fuel in the country's energy mix to 15 percent by 2030 from the current 6 percent.
- Feb 13, 2021 10:47 PM IST
The ONGC board also approved formation of a new wholly-owned subsidiary company for focusing on gas and LNG business value chain subject to necessary approvals.
- Feb 02, 2021 04:59 PM IST
For FY22, investment in state-run oil and gas companies is pegged at Rs 104,870 crore, up from Rs 99,650 based on the revised estimates of FY21.
- Jan 22, 2021 01:48 PM IST
Injecting carbon dioxide for EoR is a widely-used technology by oil and gas companies globally.
- Jan 21, 2021 03:54 PM IST
Natural gas production also dropped 7.11 percent year-on-year in December 2020.
- Jan 07, 2021 02:26 PM IST
The engineering and construction company, however, did not provide the exact value of the contract, but as per its project classification, the value of a large order ranges between Rs 2,500 crore and Rs 5,000 crore.
- Dec 14, 2020 12:04 PM IST
The stock has been witnessing decent traction of late as positive COVID-19 vaccine developments are fuelling hopes of a quicker-than-previously-expected recovery in oil demand.
- Dec 07, 2020 09:45 AM IST
ONGC share price was trading at Rs 93.25, up Rs 3.40, or 3.78 percent at 09:22 hours. This is the fourth commercial find in the block by OVL
- Nov 19, 2020 03:01 PM IST
Motilal Oswal is bullish on ONGC recommended buy rating on the stock with a target price of Rs 90 in its research report dated November 14, 2020.
- Nov 19, 2020 12:52 PM IST
HDFC Securities recommended reduce rating on ONGC with a target price of Rs 70 in its research report dated November 18, 2020.
- Nov 17, 2020 03:03 PM IST
Oil India Ltd signed up for the remaining four blocks awarded under the fifth bid round of Open Acreage Licensing Policy (OLAP).
- Oct 29, 2020 07:10 PM IST
HPCL is the nation's second-biggest oil retailer. It owns two refineries – a 7.5 million tonnes unit in Mumbai and another 8.3 million tonnes facility at Visakhapatnam in Andhra Pradesh.
- Oct 22, 2020 02:51 PM IST
The government had offered 11 blocks for exploration and production of oil and gas in the fifth bid round under the Open Acreage Licensing Policy (OLAP).
- Oct 07, 2020 10:16 AM IST
Downward revision in gas prices negative for upstream gas players, but positive for downstream gas marketing companies, fertilisers, tiles and power sectors
- Sep 30, 2020 06:39 PM IST
The price of new gas from difficult fields such as deepsea has also been cut to $4.06 per mmBtu from $5.61
- Sep 25, 2020 09:52 PM IST
The Ministry of Petroleum and Natural Gas has formed a panel to study the plan and explore other options to make gas production remunerative
- Sep 24, 2020 05:09 PM IST
A massive fire broke out at the gas processing plant of ONGC at Hazira in Gujarat's Surat district on September 24