HPCL board to consider share buyback on November 4

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.

ONGC wins 7 oil blocks, Oil India 4 in latest bid round

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).

Gas price revision – Who gains, who loses?

Downward revision in gas prices negative for upstream gas players, but positive for downstream gas marketing companies, fertilisers, tiles and power sectors

Government cuts natural gas price by 25 percent to $1.79

The price of new gas from difficult fields such as deepsea has also been cut to $4.06 per mmBtu from $5.61

Centre planning benchmark-linked floor price for locally produced natural gas: Report

The Ministry of Petroleum and Natural Gas has formed a panel to study the plan and explore other options to make gas production remunerative

In pics | Fire breaks out at ONGC plant in Surat; here's a look at the accidents in oil and natural gas sector in India

A massive fire broke out at the gas processing plant of ONGC at Hazira in Gujarat's Surat district on September 24

Buy ONGC; target of Rs 105: Motilal Oswal

Motilal Oswal is bullish on ONGC recommended buy rating on the stock with a target price of Rs 105 in its research report dated September 02, 2020.

Reduce ONGC; target of Rs 78: HDFC Securities

HDFC Securities recommended reduce rating on ONGC with a target price of Rs 78 in its research report dated September 03, 2020.

Buy ONGC; target of Rs 100: Emkay Global Financial

Emkay Global Financial is bullish on ONGC has recommended buy rating on the stock with a target price of Rs 100 in its research report dated September 02, 2020.

Sanjay Bhandari's extradition trial to begin in UK on September 11

The ED had reportedly filed a case against Bhandari late in July, in connection with a Rs 6,744 crore-deal with ONGC

ONGC share price gains after Q1 profit rises to Rs 496 crore

Standalone revenue from operations during the quarter stood at Rs 13,011.3 crore, down by 39.4 percent

ONGC board to consider proposal to raise Rs 45,000 crore next week

The board will also consider and approve the company's financial results for the June quarter on the said date, ONGC said in a BSE filing.

Natural gas prices may be cut to decade low of $1.9-1.94/mmBtu; dent ONGC revenues

Prices of natural gas, which is used to produce fertiliser and generate electricity and is also converted into CNG for use in automobiles as fuel and cooking gas for households, are set every six months -- on April 1 and October 1 each year.

ONGC cuts debt by 35% to Rs 13,949 crore

The firm's cash and cash equivalent including other bank balances rose to Rs 968 crore as on March 31, 2020, up from a record low of Rs 504 crore a year back.

Upstream oil twins’ path slippery for now

Given the near-term uncertainty, we would recommend only long-term investment in these two stocks, with a preference for ONGC over Oil India

IOC, ONGC, other PSUs implementing projects worth Rs 3.57 lakh crore: Petroleum Ministry

Oil Minister Dharmendra Pradhan and other senior officials of the ministry "reviewed the ongoing oil and gas projects started by PSUs since the resumption of economic activities from April 20, 2020".

Buy ONGC; target of Rs 105: Motilal Oswal

Motilal Oswal is bullish on ONGC recommended buy rating on the stock with a target price of Rs 105 in its research report dated June 30, 2020.

ONGC share price jumps 4%; Emkay Global raises target price by 4%

As per Emkay, key risks for the company are adverse oil-gas prices, policy issues, divestment, cost overruns, COVID-19-led delays and exploration failures whereas duty relief and gas pricing reforms are the key triggers.

ONGC, OIL top bidders for 11 oil, gas blocks

While ONGC was the sole bidder for six blocks, OIL was the lone bidder in all the four blocks it bid for, DGH said.

ONGC Standalone March 2020 Net Sales at Rs 21,456.20 crore, down 19.82% Y-o-Y

ONGC Consolidated March 2020 Net Sales at Rs 104,488.95 crore, down 6.97% Y-o-Y

ONGC share price dips 4% on poor Q4 show; CLSA reiterates sell

CLSA has reiterated sell call on the stock with a target at Rs 55 per share.

ONGC reports first-ever quarterly loss of Rs 3,098 crore on impairment loss, revenue dips 20%

Revenue from operations during the quarter declined 19.8 percent year-on-year to Rs 21,456.2 crore, while the quarter-on-quarter fall was 9.5 percent.

COVID-19 pandemic: ONGC ceases operations at 2 rigs after 54 employees test positive, one dies

Two ONGC employee bodies in separate letters claimed that the infection had spread either due to lack of proper guidelines or because the company had not adhered to rules

ONGC, NTPC sign MOU to set up joint venture for renewable energy business

Oil and Natural Gas Corp (ONGC) and NTPC Ltd "entered into a memorandum of understanding (MoU) on May 21, 2020 in New Delhi to formalize this arrangement," ONGC said in a statement.