Ongc

The state of Gujarat used to levy 15% VAT on all gas sold within the state - both APM as well as imported LNG. After October 1, ONGC has started to levy lower tax for inter-state sale of gas to CGDs, fertilizer companies and power plants.

GST 2.0: Tax relief for green hydrogen, battery storage likely as meeting gets underway

The GST council will also look at reducing the tax on solar panels and windmill components from 12% to 5%

Govt will launch Carbon Capture, Utilisation and Storage Mission soon: Niti Aayog

CCUS technologies aim to reduce greenhouse gas emissions, helping to mitigate climate change and achieve net-zero emission goals.

Saudi may finalise investment in Indian refineries upon feasibility report completion in 7-8 months: Govt source

Bharat Petroleum Corporation Limited (BPCL) and Oil and Natural Gas Corporation Limited (ONGC) are currently working on DFRs of their respective upcoming refineries in India.

ONGC Q1 Preview: Profit set to fall QoQ on lower crude realisation, softer sales volumes

Estimates from brokerages polled by Moneycontrol show that the quarterly revenue is projected at Rs 34,982 crore, a drop of over 10 percent both year-on-year and quarter-on-quarter. The net profit is seen at Rs 7,558.90 crore, down 15.4 percent QoQ due to weaker oil realisations, but up 17 percent on year.

Asian Paints, HPCL, Apollo Tyres, other crude-sensitive stocks fall up to 1.5% as Brent rises above $71 per barrel

Crude oil prices climbed as markets awaited a 'major announcement' from US President Donald Trump related to Russia.

Oil India, ONGC, others fall up to 5% as oil falls on larger-than-expected OPEC+ output hike

OPEC+ announced over the weekend its plan to hike production by 5.48 lakh barrels per day (bpd) in August, which is significantly higher than the 4.11 lakh bpd monthly increase in output approved by the organization for May, June and July.

ONGC caps gas leak at Assam well after 15 days, no injuries: Hardeep Puri

On June 12, gushes of gas were observed from the well at ONGC’s Rudrasagar oil field in Barichuk

Jamnagar district likely to get ONGC’s latest refinery; Saudi Arabia to supply crude oil

State-run Oil and Natural Gas Corporation, which is currently working on the detailed feasibility report, is in talks with Saudi Arabia for a joint venture company to establish the greenfield refinery in Gujarat.

Centre drafts proposal on emission reduction targets for PSU and private refineries, along with textile sector

A government draft on emission reduction target has for the first time mandated to reduce greenhouse gas emissions by oil PSUs like IOC, BPCL, HPCL, GAIL and ONGC, along with private sector refineries.

ONGC, Oil India, other oil refinery stocks tumble up to 5% as crude oil prices drop on likely Israel-Iran ceasefire

Brent Crude futures were hovering around $69 per barrel on June 24.

HPCL, BPCL, IOC slip as Brent inches towards $77 amid escalating Iran-Israel war, ONGC shares rise

OMC stocks: The rising tensions in the oil-rich Middle East has triggered supply disruption concerns, which in turn boosted oil prices.

ONGC makes promising oil, gas discoveries in Mumbai offshore

The discoveries have been made in blocks awarded under the Open Acreage Licensing Policy (OALP) regime, the state-owned firm said in its fourth-quarter earnings statement

ONGC shares drop 2% after firm's net profit tumbles 20% to Rs 8,856 crore: Should you buy, sell or hold?

ONGC share price: CLSA maintained a 'High Conviction Outperform' call for the stock, with a target price of Rs 360 per share. This implies an upside potential of nearly 47.5 percent from the stock's current market price.

ONGC posts 20% decline in Q4 net profit at Rs 8,856 crore, declares dividend of Rs 1.25/share

The company had reported a net profit of Rs 9,783.64 crore in the December quarter.

ONGC yet to engage foreign player in KG Basin block to ramp up production to 45,000 bpd

Besides enhancing oil production, ONGC expects non-associated gas production of around 4 million standard cubic metres per day from the remaining wells in Cluster-2 of its block in the KG Basin.

ONGC seeks foreign partnership to ramp up output from KG block

State-run Oil and Natural Gas Corporation (ONGC) is currently producing 35,000 barrels per day (bpd) of crude oil from its deep-water block in Krishna Godavari block, lower than peak targets of 45,000 bpd. The company is now looking for technical partners to boost output.

Government's dividend receipts surge to Rs 74,016.68 crore in FY25, Coal India and ONGC lead payouts

Coal India, ONGC, Indian Oil among top contributors; total receipts surpass FY24 collections

ONGC, BPCL shares rise up to 5% as Saudi Aramco eyes investment in Indian refineries

Aramco is in separate talks to invest in BPCL's planned refinery in Andhra Pradesh and a proposed ONGC refinery in Gujarat, says a report

ONGC, India’s top oil and gas explorer, prepares for a looming glut

According to the International Energy Agency, the world is entering an era of cheaper energy prices, with growing electricity use leading to a surplus of oil and gas.

ONGC to import ethane to make up for changed Qatar LNG composition

It sold the C2-C3 compounds extracted from the imported LNG from Qatar, to Reliance Industries owned IPCL till its plant to convert them into polymers came up.