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India

Oil and Natural Gas Corporation Ltd (ONGC.NS)

ONGC.NS on National Stock Exchange of India

126.30INR
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Latest Key Developments (Source: Significant Developments)

India expects 150 bln rupees from Air India sale; may cut stake in other state-run firms
Monday, 8 Jul 2019 

July 8 (Reuters) - :INDIAN GOVERNMENT LIKELY TO RAISE 400 BILLION RUPEES FROM ETFS IN 2019/20 -SOURCE.INDIAN GOVERNMENT LIKELY TO SELL UP TO 5% STAKE IN ONGC, COAL INDIA IN 2019/20 - SOURCE.INDIAN GOVERNMENT LIKELY TO SELL 10% STAKE EACH IN GENERAL INSURANCE CORPORATION OF INDIA <<>>, NEW INDIA ASSURANCE <<>> - SOURCE.INDIAN GOVERNMENT MAY LOOK TO REDUCE ITS STAKE BELOW 51% IN SOME STATE-OWNED COMPANIES VIA EXISTING ETFS - SOURCE.INDIA GOVERNMENT WILL ATTEMPT TO REDUCE ITS STAKE TO MINIMUM SHAREHOLDING GUIDELINES IN PSUS IN 2019/20 - SOURCE.INDIAN GOVERNMENT EXPECTS 150 BILLION RUPEES FROM SALE OF AIR INDIA <<>> - SOURCE.INDIAN GOVERNMENT WILL ALSO LOOK TO RAISE DIVESTMENT FUNDS FROM ASSET MONETISATION OF VARIOUS PSUS - SOURCE.INDIAN GOVERNMENT LIKELY TO RAISE AROUND 300 BILLION FROM PRIVATISATION IN 2019/20- SOURCE.  Full Article

ONGC Says Various Issues Between Contractors In Pre-Nelp Exploratory Block Rj-On-90/1
Wednesday, 3 Jul 2019 

July 3 (Reuters) - Oil and Natural Gas Corporation Ltd ::ONGC-IN PRE-NELP EXPLORATORY BLOCK RJ-ON-90/1, OPERATING UNDER PSC REGIME, THERE WERE VARIED PERSPECTIVES ON VARIOUS ISSUES BETWEEN CONTRACTORS.OIL AND NATURAL GAS CORP - CLAIMS AND COUNTERCLAIMS BY CONTRACTORS ARE CURRENTLY UNDER ARBITRATION; MATTER IS SUB-JUDICE.  Full Article

Deep Industries Gets LoA From ONGC Worth 180 Mln Rupees
Friday, 12 Apr 2019 

April 12 (Reuters) - Deep Industries Ltd ::GOT LETTER OF AWARD FROM ONGC WORTH 180 MILLION RUPEES.  Full Article

Oil And Natural Gas Corporation Says Declared Interim Dividend Of 1 Rupee Per Share
Saturday, 23 Mar 2019 

Oil and Natural Gas Corporation Ltd ::SAYS DECLARED INTERIM DIVIDEND OF 1 RUPEE PER SHARE.  Full Article

Larsen & Toubro Says L&T Hydrocarbon Engineering Gets Order From ONGC
Friday, 8 Mar 2019 

March 8 (Reuters) - Larsen & Toubro Ltd ::SAYS L&T HYDROCARBON ENGINEERING GETS ORDER FROM OIL & NATURAL GAS CORPORATION.  Full Article

India's Oil And Natural Gas Corp Dec Quarter Profit Up 64.8 Pct
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - Oil and Natural Gas Corporation Ltd ::DEC QUARTER PROFIT 82.63 BILLION RUPEES VERSUS PROFIT OF 50.15 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR DEC QUARTER PROFIT WAS 73.71 BILLION RUPEES.DEC QUARTER REVENUE FROM OPERATIONS 276.94 BILLION RUPEES VERSUS 229.96 BILLION RUPEES LAST YEAR.DECLARED INTERIM DIVIDEND OF 5.25 RUPEES PER SHARE.  Full Article

Jindal Drilling And Industries Gets Contract From ONGC Worth Over $57 Mln
Thursday, 24 Jan 2019 

Jan 24 (Reuters) - Jindal Drilling and Industries Ltd ::GETS CONTRACT FROM ONGC WORTH OVER $57 MILLION FOR CHARTER HIRE OF OFFSHORE DRILLING RIG FOR 3 YEARS.  Full Article

Alphageo (India) Gets 144.5 mln-rupee Contract From ONGC
Wednesday, 26 Dec 2018 

Dec 26 (Reuters) - Alphageo (India) Ltd ::SAYS AWARD OF CONTRACT FROM ONGC LTD JORHAT.CONTRACT VALUE OF 144.5 MILLION RUPEES.  Full Article

ONGC Approves Buyback Of Shares Worth 40.22 Bln Rupees
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - Oil and Natural Gas Corporation Ltd ::APPROVES BUYBACK OF SHARES WORTH 40.22 BILLION RUPEES.  Full Article

Oil And Natural Gas Corporation Says HC Rejected Reliance Naval's Plea On Termination Of Vessels Deal
Monday, 17 Dec 2018 

Dec 17 (Reuters) - Oil and Natural Gas Corporation Ltd ::OIL AND NATURAL GAS CORPORATION CLARIFIES ON NEWS ARTICLE ON HC REJECTING RELIANCE NAVAL'S PLEA ON VESSELS DEAL.CONTRACT FOR VESSELS WAS ORIGINALLY AWARDED TO PIPAVAV SHIPYARD; PIPAVAV HAS SUBSEQUENTLY TAKEN OVER BY RELIANCE NAVAL & ENGG.CONTRACT WAS SCHEDULED TO BE COMPLETED IN 30 MONTHS; COMPLETION PERIOD WAS EXTENDED MANY TIMES ON REQUEST FROM CONTRACTOR.LAST EXTENSION WAS GIVEN UPTO MAY 31, 2018 AFTER WHICH IT GOT TERMINATED DUE TO NON-COMPLETION.TERMINATION WAS CHALLENGED BY RENL BEFORE MUMBAI HIGH COURT, WHICH WAS REJECTED ON NOV 30, 2018 BY THE COURT.  Full Article

ONGC sells second Oct-loading Sokol crude at lower premium - sources

* Indian oil explorer ONGC Videsh has sold one cargo of Russian Sokol crude at a premium of about $5.65 a barrel to Dubai quotes, three trade sources told Reuters on Wednesday