Oil and Natural Gas Corporation Ltd (ONGC.NS)
|Market Cap (Mil.):||Rs2,496,492.00|
|Shares Outstanding (Mil.):||8,555.49|
HANOI - State oil group Petrovietnam and the overseas unit of state explorer Oil and Natural Gas Corp have signed a memorandum on joint exploration of crude oil, the Vietnam News Agency reported on Thursday.
REUTERS - State-run explorer Oil and Natural Gas Corp said its overseas arm has agreed to buy an additional 12 percent stake in a Brazilian oil block from Brazil's Petrobras for $529 million.
NEW DELHI - India's Oil and Natural Gas Corp and Oil India Ltd will tap the expertise of foreign firms to hunt for shale oil and gas in the energy-hungry nation, officials at the two firms said.
NEW DELHI - The overseas unit of Indian state explorer Oil and Natural Gas Corp plans to raise $1.5 billion to refinance a bridge loan that it expects to finalise soon to buy a 10 percent stake in Mozambique's Rovuma gas field from Videocon group .
* BSE index gains 1.53 pct; NSE ends 1.56 pct higher * Nomura upgrades Bharti to 'buy'; shares surge 5.9 pct * State-owned oil companies gain on diesel price hike hopes * Sesa Goa slumps; lock-in period ends after merger By Abhishek Vishnoi MUMBAI, Sept 6 - Indian shares rose more than 1 percent on Friday to their highest close in nearly a month, as ONGC rose on hopes of a diesel price hike and lenders rallied for a second day after the central bank this week raise
MUMBAI/NEW YORK - India's Oil and Natural Gas Corp has agreed to buy 10 percent in a gas field offshore Mozambique from Anadarko Petroleum Corp for $2.64 billion, as the explorer looks to offset diminishing supplies from domestic gas fields by buying overseas assets.
NEW DELHI/MUMBAI - State-controlled Oil and Natural Gas Corp reported a bigger than expected 34 percent fall in its first-quarter profit on Monday, as higher write-offs for dry wells and depreciation, along with a one-time provision for a pension scheme, dented margins.
Reuters Market Eye - CLSA upgrades Oil and Natural Gas Corporation Ltd to "buy" from "outperform", citing prospect of a 20 percent upside to its share prices on positive factors such as the continuing hikes in monthly diesel prices and the recent doubling of gas prices.
MUMBAI - The BSE Sensex and the Nifty rose nearly 3 percent on Friday, marking their biggest single day gain in 1-1/2 years, as energy firms such as Oil and Natural Gas Corporation Ltd and Reliance Industries rallied after the government approved a hefty increase in gas prices.
* BSE index gains 2.75 pct; NSE ends 2.81 pct higher * Energy shares rally on gas price hike * FIIs remain net sellers in cash shares By Abhishek Vishnoi MUMBAI, June 28 - Indian shares rose nearly 3 percent on Friday, marking their biggest single day gain in 1-1/2 years, as energy firms such as Oil and Natural Gas Corporation Ltd and Reliance Industries rallied after the government approved a hefty increase in gas prices. Shares were also helped by the recovery of