News WrapGet Handpicked Stories from our editors directly to your mailbox


ONGC's Mumbai High, Vasai East came close to being sold, stopped after opposition

Besides the 9 fields, 149 marginal fields, that contribute about 5 per cent of the domestic production, were to be clustered and bid out.

Mar 15, 2019, 12:42 PM IST

ONGC net profit jumps 65% in Q3

Net profit in October-December 2018 at Rs 8,262.70 crore, or Rs 6.44 per share, was higher than Rs 5,014.67 crore, or Rs 3.91 a share, net earning in the same period of the previous fiscal, the company said in a statement.

Feb 15, 2019, 13:32 PM IST

ONGC says no demand from govt to reconsider OVL listing

ONGC Chairman and Managing Director Shashi Shanker said the company has communicated its views on the listing of OVL to the government.

Jan 03, 2019, 11:00 AM IST

Big Stories: Watch top news stories of the hour

This segment of Zee News brings top news stories of the day. Watch this video to know the latest news stories.

Dec 25, 2018, 11:54 AM IST

ONGC to buyback shares for Rs 4,022 crore

The government, which holds 65.64 percent stake in the company, stands to gain about Rs 2,640 crore from tendering some of its shares in the buyback programme.

Dec 21, 2018, 12:37 PM IST

Govt asks ONGC to list OVL on bourses

OVL, which is 100 percent owned by ONGC, has so far invested Rs 1.5 lakh crore (USD 28.36 billion) in 41 projects it has across 20 countries.

Aug 21, 2018, 17:08 PM IST

IOC most profitable PSU for 2nd year in a row; displaces ONGC

Oil and Natural Gas Corp (ONGC) yesterday reported its FY18 numbers - 11.4 percent rise in net profit to Rs 19,945 crore.

May 31, 2018, 17:21 PM IST

ONGC nominates one director on HPCL board; wants common govt director

ONGC, which had in January completed the acquisition of the government's 51.11 per cent stake in HPCL for Rs 36,915 crore, has appointed its Director (Finance) Subhash Kumar on the company board, sources said.

May 29, 2018, 14:53 PM IST

Government may levy windfall oil tax on ONGC to soften fuel prices

The tax, which may come in form of a cess, will kick in the moment oil prices cross USD 70 per barrel, sources privy to the development said.

May 24, 2018, 13:22 PM IST

ONGC, OIL face risk of subsidy sharing: Moody's

ONGC and OIL, it said, have not contributed to fuel subsidies since June 2015, but have in previous years paid for over 40 per cent of the country's annual subsidy bill.

May 22, 2018, 17:44 PM IST

ONGC bids for 37 oil blocks, Cairn 55 in 1st OALP round

As many as 110 bids had been received, the Directorate General of Hydrocarbon (DGH) tweeted.

May 02, 2018, 13:44 PM IST

ONGC says KG-D5 output delay due to policy changes

The Union Cabinet in May 2017 approved a policy that will prefer sourcing of domestic iron and steel for infrastructure projects by state-owned companies in a bid to boost Make in India.

Feb 26, 2018, 14:28 PM IST

Blast at Cochin Shipyard kills 5, injures 11; Shipping Minister Nitin Gadkari orders inquiry

The blast happened on a rig that was undergoing repairs.

Feb 13, 2018, 12:00 PM IST

ONGC acquires 10% stake in UAE's oil offshore concession

The first such deal for the Indian oil and gas companies in the Gulf nation.

Feb 10, 2018, 23:17 PM IST

ONGC third-quarter profit rises 15%, but misses expectations

India's top explorer Oil and Natural Gas Corp Ltd reported a 15 percent rise in third-quarter profit on Friday, but missed analysts' expectations.

Feb 09, 2018, 18:25 PM IST

UAE's NPCC wins $327 million contract from ONGC

NPCC, majority owned by Abu Dhabi`s General Holding Corp, is an engineering, procurement & construction contractor.

Jan 23, 2018, 16:15 PM IST

Mumbai chopper crash: 6 bodies found, search on for missing 1

A Pawan Hans helicopter carrying five senior officials of the Oil and Natural Gas Corporation (ONGC) and two pilots crashed off the Mumbai coast minutes after it took off.

Jan 14, 2018, 09:58 AM IST

Oil Minister Dharmendra Pradhan meets kin of chopper crash

A Pawan Hans helicopter with seven people onboard crashed off the Mumbai coast on Saturday,

Jan 14, 2018, 00:21 AM IST

Pawan Hans chopper with 7 onboard crashes off Mumbai coast; 5 bodies found, search on

A Pawan Hans helicopter with at least five ONGC officials and two pilots on board crashed shortly after take-off from Juhu Airport on Saturday.

Jan 13, 2018, 16:26 PM IST

ONGC's Pawanhans chopper crashes off Mumbai coast, four bodies recovered

The chopper lost contact with the ATC minutes after taking off from Juhu. The Indian Navy and Coast Guard have joined search operations.

Jan 13, 2018, 13:20 PM IST