|Bid||170.20 x 0|
|Ask||0.00 x 0|
|Day's Range||166.80 - 171.25|
|52 Week Range||151.80 - 212.85|
|PE Ratio (TTM)||9.88|
|Forward Dividend & Yield||6.05 (3.59%)|
|1y Target Est||225.09|
India will appeal against a ruling by an international tribunal in favour of Reliance Industries Ltd and its international partners in a dispute over gas migration from fields operated by state-owned Oil and Natural Gas Corp Ltd. Reliance and its partners BP Plc and Niko Resources filed an arbitration notice against the government in November 2016 after the government imposed a $1.55 billion fine on the consortium for selling gas that migrated from state-owned ONGC's fields in the east coast Krishna-Godavari basin.
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(Reuters) - India's top explorer Oil and Natural Gas Corp on Thursday posted a lower-than-expected first-quarter standalone profit, hurt by higher expenses. Profit http://bit.ly/2O1aRHp on a standalone ...
India's Oil and Natural Gas Corporation Limited says a team of its engineers, with support from the Indian Navy, successfully plugged a gas leakage on the unmanned S1-6 offshore platform.
Based on Oil and Natural Gas Corporation Limited’s (NSE:ONGC) earnings update in March 2018, it seems that analyst forecasts are fairly optimistic, with earnings expected to grow by 40.90% inRead More...
India’s top oil exporter has seen its cash reserves crash by more than 90 percent in the last year, a result of the company paying a record high dividend and acquiring a refiner as it aims to expand
India’s Oil and Natural Gas Corp., which once had $4.3 billion of funds, is now bleeding cash. The state-run company’s cash reserves have shrunk by more than 90 percent in the past year, after it was ordered to purchase the administration’s stake in a refiner and it paid a record dividend. ONGC’s largest shareholder, Prime Minister Narendra Modi’s government, has been tapping state-run companies including India’s biggest energy explorer to bridge its fiscal deficit.
(Reuters) - India's top explorer Oil and Natural Gas Corp posted a 36 percent rise in fourth-quarter profit on Wednesday, but missed analysts' expectations. Standalone profit, which does not include the ...
NEW DELHI/SINGAPORE (Reuters) - India's top explorer Oil and Natural Gas Corp has awarded its first mini-term tender to sell Brazil's heavy crude oil Ostra in June-November to Shell, three sources familiar ...
Rosneft Vietnam BV, a unit of Russian state oil firm Rosneft (ROSN.MM), is concerned that its recent drilling in an area of the South China Sea that is claimed by China could upset Beijing, two sources with direct knowledge of the situation told Reuters on Wednesday. Rosneft said on Tuesday its Vietnamese unit had started drilling at the LD-3P well, part of the Lan Do "Red Orchid" offshore gas field in Block 06.1, 370 kms (230 miles) southeast of Vietnam. The block is "within the area outlined by China's nine-dash line," according to energy consultancy and research firm Wood Mackenzie.
Drilling in the South China Sea by Rosneft (ROSN.MM) is within Vietnamese territorial waters, the Russian state oil firm said in a statement on Thursday, two days after its Vietnamese subsidiary began drilling in Vietnamese waters claimed by China. Rosneft's local unit, Rosneft Vietnam BV, is concerned that its recent drilling in an area of the South China Sea that falls within China's "nine-dash line" could upset Beijing, two sources with direct knowledge of the situation told Reuters on Wednesday.
MUMBAI/NEW DELHI (Reuters) - At the International Energy Forum in Delhi in April, the world's top oil producer Saudi Aramco inked a preliminary deal to partner with a consortium of Indian players to build a $44 billion refinery and petrochemical project on India's west coast. The huge project was touted as a gamechanger for both parties - offering India steady fuel supplies and meeting Saudi Arabia's need to secure regular buyers for its oil. Thousands of farmers oppose the refinery and are refusing to surrender land, fearing it could damage a region famed for its Alphonso mangoes, vast cashew plantations and fishing hamlets that boast bountiful catches of seafood.
Saudi Basic Industries Corp (SABIC), the world's No.4 petrochemical company, wants to buy about half of the $4.6-billion Indian petchem project backed by Oil and Natural Gas Corp (ONGC), two sources familiar with the matter said. ONGC is a majority shareholder in ONGC Petro Additions Ltd (OPaL), which operates India's biggest petrochemical plant in western Gujarat state. "They (SABIC} want to have a significant stake in OPaL, around 50 percent," said one of the sources.
NEW DELHI (Reuters) - India's top explorer Oil and Natural Gas Corp on Friday floated a mini tender to sell Brazil's heavy oil Ostra in June-November, a tender document showed on Friday. The tender will ...
India's Petronet LNG Ltd wants to partner with ONGC Videsh Ltd (OVL), the overseas arm of India's biggest explorer Oil and Natural Gas Corp Ltd, to pick up a stake in an upcoming exploration and liquefied natural gas (LNG) project in Qatar, a company official said. The project would be Petronet's maiden venture into the natural gas exploration and production business and overseas LNG terminals. "We will be signing a non-confidentiality agreement with QatarGas in the next one week or so, and then evaluate the project," Prabhat Singh, managing director and chief executive officer of Petronet told Reuters at the International Energy Forum on Wednesday.
India's Oil and Natural Gas Corp Ltd and Reliance Industries Ltd have started discussions with buyers to sell natural gas from their fields in the Bay of Bengal that are expected to start production over the next three years. The plan is to transport the gas from the east coast to the industrial heart belt of western India, an ONGC executive told Reuters. "We want to use the pipeline to reach customers in West India to sell gas from the KG basin.
India's Oil and Natural Gas Corp Ltd and Reliance Industries Ltd have started discussions with buyers to sell natural gas from their fields in the Bay of Bengal that are expected to start production over the next three years.
Let’s talk about the popular Oil and Natural Gas Corporation Limited (NSEI:ONGC). The company’s shares received a lot of attention from a substantial price movement on the NSEI in theRead More...
Asia's oil and gas producers are starting to revive projects aimed at deflating years of ballooning energy imports after new investment dried up following the 2014 industry crisis. Spending has so far been driven mainly by state oil companies such as India's ONGC, Thailand's PTTEP and PetroVietnam, which need to produce more oil and gas to ensure their countries' energy security, executives said this week during an industry event in Kuala Lumpur, Malaysia.
India is poised to lift its domestic natural gas price to the highest in at least two years, boosting earnings of producers like Oil and Natural Gas Corp., according to a survey of analysts and industry ...
The size of Oil and Natural Gas Corporation Limited (NSEI:ONGC), a ₹2.31T large-cap, often attracts investors seeking a reliable investment in the stock market. Doing business globally, large caps tendRead More...
The Oil and Natural Gas Corp (ONGC) is set to hire international oil service giants for the first time to boost output from domestic oil fields in response to a government push to increase local supplies and cut expensive imports. ONGC, India's biggest explorer, has shortlisted U.S. oil service companies Halliburton, Schlumberger and GE subsidiary Baker Hughes to submit proposals on boosting production from two onshore fields, according to a document seen by Reuters. The three companies have until May to submit their proposals for what ONGC is calling a "production enhancement contract" for an oilfield in Assam and another in Gujarat.
India's Oil and Natural Gas Corp is set to hire international oil service giants for the first time to boost output from domestic oil fields.
(Reuters) - India's top explorer Oil and Natural Gas Corp Ltd reported a 15 percent rise in third-quarter profit on Friday, but missed analysts' expectations. Standalone net profit rose to 50.15 billion ...