Page 2 - Oil And Natural Gas Corporation

CPSE ETF: Book profits slowly and don't try to maximise gains, say experts

New investors are better off picking diversified offerings

Centre to sell 1.5% stake in ONGC via OFS; may get Rs 3,000 crore

Offer includes green shoe option, opens Wednesday; retail investors can place their bids Thursday

India approaching US over ONGC Videsh taking Venezuelan oil cargoes: CEO

CEO of ONGC Videsh on Sunday confirmed talks between India and the US State Department are underway to allow the company to settle past debts by trading Venezuelan oil cargoes

Six Indian companies out of potential fallen angels list, says Moody's

Upgrade of India outlook, easing of Covid-19 pandemic effect trigger action

Domestic natural gas price up by over 60%: Impact and future outlook

Debasish Mishra, a partner at Deloitte in India, explains the impact of the latest price revision, and the future outlook for gas, in this conversation with Twesh Mishra. Listen in

ONGC offers 43 of its fields to operators for enhancing production

The Centre has been pushing ONGC to increase its oil and gas production in order to trim imports

ONGC agrees to remove marketing margin, but refuses to lower gas price

Potential bidders however opposed the levy of the marketing margin as well as the "high" floor price

Oil and Natural Gas Corp acquires 5% stake in Indian Gas Exchange

The Indian Gas Exchange is a subsidiary of the IEX - India's premier nationwide, automated electricity trading platform

In a setback to ONGC, OIL, prices of domestic natural gas slashed by 25%

The government has also reduced the ceiling price for gas produced from deepwater, ultra-deepwater and high pressure, and high-temperature areas by 28 per cent to $4.06 per mmBtu

Fire at ONGC plant snaps supplies; gas from Uran diverted to meet shortfall

The fire broke out at around 3 am at Oil and Natural Gas Corp's (ONGC) Hazira gas processing plant and was extinguished by 7.30 am, the company said in a tweet

Covid-19 impact: Aviation, automobile sectors see worst tax outgo in Q1

Maruti Suzuki, Bajaj Auto, and Hero MotoCorp's tax collections were down 60-85 per cent.

Explained: How Chinese firms won some of India's recent PSU tenders

Not just for cost-effectiveness, public sector firms turn to China for lack of domestic qualified bidders, technology

ONGC posts loss of Rs 10,529 cr in Q4 over falling crude prices, lockdown

The company's revenue from operations declined by 7 per cent to Rs 104,489 crore for the period under review, compared to Rs 112,539 crore in Q4FY19.

Ratio of India's public debt to GDP likely to scale a new high in FY21

According to the Reserve Bank of India (RBI) data, the combined liabilities of the Centre and the state governments were around Rs 147 trillion at the end of March 2020

ONGC seeks crude price assurance of $45 per barrel, cuts capex by 15%

The largest domestic oil and gas producer had budgeted a capex of Rs 32,502 crore for the financial year, which has now been cut to around Rs 27,500 crore.

ONGC asks govt to cut cess, royalty, free gas price to help company survive

The fall in international oil prices and natural gas prices falling to a decade low of $ 2.39 per million BTU is threatening to push the firm into making cash-losses on a monthly basis

Govt cuts domestic natural gas price by 26% for first half of FY21

The rate for gas produced from difficult fields will be $5.61 mBtu on gross calorific value basis.

ONGC seeks new petroleum exploration licence for PMT oil, gas fields

ONGC has already been using Tapti infrastructure for its other fields for better optimisation

Going cheap: How ONGC compares to the world's most richly valued oil firms

ONGC has always traded at a discount to its global peers, it has widened to record levels in recent months

Govt must include opportunity cost of imports in gas pricing: ONGC chairman

In an interview with Jyoti Mukul, ONGC chairman talks about India's move towards a gas-based economy, future of ONGC and the rise of renewable energy in India