Oil and Natural Gas Corporation Ltd (ONGC.BO)
5 Mar 2015
NEW DELHI - India's government is scrambling to put together a 'Plan B' to raise even a fraction of its $10 billion target from asset sales, officials said, with potential new sales including part of its stake in refiner Indian Oil .
Reuters Market Eye - Oil and Natural Gas Corp gains 0.7 percent.
MUMBAI - State explorer Oil and Natural Gas Corp said on Monday it was aiming to start natural gas production by mid-2018 and oil production a year after that from its block off the east coast.
NEW DELHI - India has yet to decide on the dates for selling a 10 percent stake in state-controlled Coal India and 5 percent in Oil and Natural Gas Corp , a government official said after a meeting with the finance minister on Tuesday.
NEW DELHI - A rift between the five powerful labour unions at Coal India Ltd is set to clear the way for Prime Minister Narendra Modi's government to complete a stake sale in the state company that is critical to hitting budget targets.
Reuters Market Eye - Longer term plan to improve performance of state-run companies important for government's divestment, Kotak says in a report.
NEW DELHI - ONGC Videsh, the overseas investment arm of Oil and Natural Gas Corp, is looking to buy a stake in the assets of Africa-focused exploration company Tullow Oil Plc, a source with direct knowledge of matter said.
NEW DELHI/MUMBAI - The government plans to sell a 5 percent stake in energy explorer Oil and Natural Gas Corp (ONGC) in the last week of November or the first week of December, two sources directly involved in the deal said on Wednesday.
NEW DELHI - Rosneft has offered stakes in its two east Siberian oilfields to Oil and Natural Gas Corp , two Indian sources with direct knowledge of the matter said, as the sanctions-hit Russian company looks beyond Western firms to develop its vast resources.
NEW DELHI - Finance Minister Arun Jaitley has returned to hospital for a check-up after an operation to treat his diabetes, his doctor said on Monday, adding that the minister was doing well and should leave soon.