E-PaperOil And Natural Gas Corp News
SBI, Reliance to Wipro: IIFL Securities recommends these 5 stocks to buy this week
IIFL Securities stock recommendations: Both DIIs and FIIs remained net buyers last week, which may turn out trend reversal when the stock market opens today
2 min read20 Feb 2023India's gas output falls by one-fifth in April due to lockdown
Gas output at 2.16 billion cubic metres in April was 18.6% lower than 2.65 bcm production in the same month a year back, data released by the oil ministry showed.
1 min read23 May 2020The outlook for ONGC stock in 2020
For one, production performance has been nothing to write home aboutFor the six months ended September, standalone gas production rose by a mere 1% year-on-year, while crude oil production declined by 4.7%
1 min read31 Dec 2019ONGC charts course for $15 billion investment
The company is investing around ₹86,000 crore in 27 major projects to boost oil and gas productionONGC has been under pressure to reverse the falling output from its ageing fields
4 min read30 Aug 2019ONGC’s June quarter performance to keep already-low valuations in check
Even as the stock may be pricing in the worst, the June quarter results aren’t bringing any brownie pointsAs such, the company’s valuations at around five times estimated earnings for FY20 are terribly low
2 min read15 Aug 2019ONGC Q1 net profit dips 3.9% on lower oil price, production
ONGC got $66.30 for every barrel of crude oil produced and sold, down 7.3% from $71.49 a barrel net realisation in April-June 2018Net profit during April-June stood at ₹5,904 crore, 3.9 per cent lower than ₹6,144 crore in the year-ago period, the company said in a statement
1 min read13 Aug 2019HPCL's Barmer refinery achieves financial closure
HPCL, a subsidiary of ONGC, signed a debt syndication agreement with the consortium of nine lenders led by State Bank of IndiaThe project, where HPCL owns 74% stake and the balance is held by the Rajasthan government, will cost ₹43,129 crore
1 min read28 Jan 2019Govt allows ONGC, OIL to induct foreign partner; special incentives for difficult finds
Dharmendra Pradhan said ONGC and OIL will have the freedom to decide which of their currently producing fields they want to retain and in the ones where they would like to induct a partner
3 min read7 Jan 2019‘Govt hasn’t yet asked ONGC to reconsider ONGC Videsh IPO’
ONGC has some reservations about an ONGC Videsh IPO and has conveyed this to the government, CMD Shashi Shanker says
4 min read2 Jan 2019ONGC gas production hit all-time high
ONGC produced about 64 million standard cubic meters per day (mmscmd) of gas in November last year
2 min read21 Nov 2018Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared