ONGC starts oil production from deep water KG basin block

09 Jan 2024

State-owned oil and natural gas explorer, Oil and Natural Gas Corporation (ONGC), on Monday (8 January) announced the start of production of "First Oil" from the deep-water block in Krishna Godavari (KG) basin, in the East Coast of India.

ONGC considers oil as an option to recover $600 million from the Venezuelan dividend

03 Jan 2024

ONGC Videsh, the overseas investment arm of India’s Oil and Natural Gas Corp., is actively considering alternatives, including the allocation of oil by Venezuela’s state oil company, PdVSA, to reclaim its outstanding $600 million dividend.

Alka Mittal becomes first woman CMD of ONGC

05 Jan 2022

Mittal, who has been serving as director (HR) since 27 November 2018 and  the senior-most director on the board of ONGC, will serve as CMD of the energy `Maharatna’ for a period of six months beginning 1 January 2022

ONGC signs MoU with SECI to develop renewable, ESG projects

07 Dec 2021

ONGC Videsh begins exploratory drilling in Bangladesh

04 Oct 2021

Dharmendra Pradhan dedicates oil producing Bengal Basin to nation

29 Dec 2020

ONGC reports east coast deep-water oil and gas find

04 Sep 2020

ONGC looking to buy rest of ONGC Petroadditions: report

11 Sep 2019

OIL set to win 12 oil and gas blocks; ONGC, Vedanta top bidders for 9 each

10 Jun 2019

ONGC Q3 net vaults 65% to Rs8,263 crore, proposes Rs5.25 dividend

15 Feb 2019

OVL reports second consecutive oil discovery in Colombia oil block

07 Jan 2019

ONGC board approves share buyback of around Rs4,000 cr

20 Dec 2018

ONGC has approved a share buyback of 1.97 per cent of its total paid-up equity, which may fetch the government around Rs2,640 cr considering its 65.64 per cent equity stake

ONGC Q2 net surges over 61% to Rs8,265 cr as other income, revenue rise

05 Nov 2018

HPCL refuses to recognise ONGC as promoter

10 Aug 2018

Petroleum minister Dharmendra Pradhan today clarified that ONGC with 51.11-per cent stake in the refiner is the new promoter of HPCL, after the company’s CMD Mukesh Kumar Surana refused to recognise the majority shareholder as HPCL’s promoter

RIL wins arbitration against government’s $1.7-bn gas siphoning claim

01 Aug 2018

The arbitration panel held that the RIL consortium is entitled to produce all the gas from its contract area and that there is no basis for any claim of siphoning of gas as claimed by ONGC and the government of India

CBI files charges against 13 ONGC officials in Rs80-crore scam

02 Jun 2018

ONGC not ready to share fuel price burden, says it is already in the red

02 Jun 2018

Govt mulls windfall tax on ONGC to pay OMCs to ease fuel price impact: report

25 May 2018

SABIC plans to buy ONGC’s stake in OPaL

10 May 2018

ONGC spuds first well on $5 bn KG project

09 Apr 2018

ONGC to engage oil service majors to lift output from local fields: report

21 Feb 2018

ONGC-led group buys 10% stake in Abu Dhabi oilfield for $600 mn

12 Feb 2018

The investment by ONGC follows ADNOC signing a deal last year to store about 6 million barrels of oil at India’s Mangalore storage site, signalling increased cooperation in oil sector investments by India and the UAE

Consortium led by ONGC to get 10% stake in Abu Dhabi oil field

10 Feb 2018

A consortium led by India’s Oil and Natural Gas Corp will sign a contract today to acquire a stake in the offshore oil concession of state-owned Abu Dhabi National Oil Company

ONGC ties up loans with 3 banks for HPCL acquisition

24 Jan 2018

ONGC to sell stake in IOC, GAIL, but only when price is right

23 Jan 2018

The oil explorer has got government approval to sell its stake in Indian Oil Corp and GAIL to help its Rs37,000 crore acquisition of Hindustan Petroleum Corp, though the immediate funds will come from short-term borrowing