Page 19 - Ongc

HPCL plans to rectify shareholding pattern, accepts ONGC as a promoter

Sebi asked HPCL to re-file shareholding pattern to stock exchanges by August 13 for all quarters since Oil and Natural Gas Corp (ONGC) acquired government's entire stake in the refiner in January 2018

ONGC recruitment 2019: Know the last date to apply for 214 apprentice posts

Only residents of all districts of Maharashtra are eligible to apply for ONGC apprentice Jobs 2019

CCI dismisses abuse of dominance charge against ONGC

The complaint was filed by Indian National Shipowners' Association (INSA), a representative body of various ship owners

ONGC plan to bring refining, marketing biz under one roof may get delayed

While ONGC wants the merger of Mangalore Refinery and Petrochemicals (MRPL) with ONGC Mangalore Petrochemicals (OMPL) first, sources said HPCL wants all the three to happen simultaneously

HPCL refuses to recognise ONGC as promoter, 18 months after merger

Since acquiring a majority stake in HPCL, ONGC has only been able to appoint one director to that firm's board

Moody's affirms Baa1 rating to state-owned ONGC over better oil prices

ONGC consolidated credit metrics - as measured by retained cash flow (RCF) to net debt - improved to 51 per cent in FY 2019.

ONGC in a fix as govt asks it to sell Gujarat golf courses with oil wells

Sources said the exercise identified only properties with real estate potential in prime cities while leaving out golf courses ONGC has in Ankleshwar in Gujarat and Rajahmundry in Andhra Pradesh

SBI, ONGC to lead Nifty earnings growth in June quarter: Morgan Stanley

Based on consensus estimates and their own analysis, earnings for the Sensex and Nifty indicate a growth of 4% and 6% YoY, respectively at the aggregate level.

Govt likely to give up direct controlling stakes in ONGC, IOC, NTPC, GAIL

Finance Minister Nirmala Sitharaman last week set a record Rs 1.05 trillion ($15 billion) asset sales target in the year started April 1

ONGC discovered 230 mn tonnes of oil reserves in last 3 years: Pradhan

Pradhan said the government had constituted a committee for preparing a road map to reduce the dependency on energy imports by 10 per cent by 2021-22

OVL, partners to invest $20 bn in Mozambique to monetise gas reserves

To be built on the Afungi peninsula in Cabo Delgado province, the project will also involve the construction of associated infrastructure, storage tanks, and export jetty facilities

ONGC sells naphtha cargo at $6 a tonne, lowest premium since December

SINGAPORE (Reuters) - India's Oil & National Gas Corp Ltd has sold a naphtha cargo at close to $6 a tonne over Middle East quotes on a free-on-board (FOB) basis, the lowest premium in more than five months, industry sources said on Friday.

Despite oil price volatility, earnings prospects good for ONGC

Analysts expect healthy net realisation, lower risks of subsidy sharing and rising gas production outweighing risks on divestment

ONGC, Vedanta set to win 9 oil & gas blocks each, OIL 12 in latest auction

As per the bid evaluation, ONGC and Vedanta Ltd are top bidders in nine blocks each and state-owned Oil India Ltd (OIL) in 12 areas

ONGC overtakes IOC as most profitable PSU after profits jump by 34% in FY19

According to earnings statements of the listed companies, Oil and Natural Gas Corp (ONGC) reported a 34 per cent jump in its 2018-19 fiscal net profit to Rs 26,716 crore

ONGC reports 31% drop in Q4 net profit on drop in production, prices

Net profit in January-March at Rs 4,045 crore was 31.6 per cent lower than net profit of Rs 5,915 crore in the same period of the previous fiscal year

Have sufficient funds to meet current and future capex needs, says ONGC

From a zero-debt company, Oil and Natural Gas Corp (ONGC) had to resort to borrowings in the past couple of years

ONGC gets Environment Ministry's nod for Rs 240 crore project in Assam

The company had sought permission for drilling 12 development wells but it received clearance for six wells at present

ONGC to take over east coast PY-3 oil field from UK-based Hardy Oil & Gas

PY-3 got into controversy after UK's Hardy Oil threatened to abandon the field, saying the government was not honouring the PSC

ONGC arm delays plan to invest in Iran gas field after US sanctions

Farzad-B's gas reserve is estimated at 21.6 trn cubic ft. The major point of contention between India and Iran was regarding setting up of two pipelines and also the money for the development plan