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Oil and Natural Gas Corp

OIL AND NATURAL GAS CORP NEWS

ONGC net soars 800% in Q1

August 14, 2021 2:57 pm

Net profit in April-June at Rs 4,335 crore was 772.2 per cent higher than Rs 497 crore in Q1 of previous fiscal when demand as well as price had plummeted due to coronavirus-related lockdown, the company said in a statement.

ONGC raises $300 mn via 10-year bond at coupon 3.375%; lowest by any Indian issuer

November 28, 2019 6:09 pm

At 3.375 per cent interest rate, this is the tightest coupon for 10-year or longer tenor offering from India ever achieved by any Indian corporate.

ONGC Q3 profit halves to R3,571 cr on fuel subsidy payments

February 15, 2015 2:40 am

Net profit at Rs 3,571.20 crore, or Rs 4.17 per share, in October-December quarter was half of Rs 7,125.97 crore net profit.

OVL inks deal with Rosneft for exploration

May 26, 2014 1:21 am

OVL has signed a deal with Russia’s largest oil and gas producer Rosneft to jointly explore hydrocarbons in the offshore Arctic.

Sudan offers ONGC Videsh two oil & gas blocks

January 15, 2014 3:58 am

In March 2003, OVL acquired a 25% interest in Greater Nile Oil in Sudan.

ISRO to shift satellite launch boundary for oil exploration by Cairn India,Tata,ONGC

December 26, 2013 2:36 am

Site in prohibited zone has best chance of petroleum system,says Cairn India.

Petrovietnam,ONGC Videsh sign oil exploration pact

November 21, 2013 9:43 am

The exploration pact would allow activities in Vietnam,India as well as in a third country.

ONGC Videsh H1 profit rises 14.4% to Rs 1,886 crore

November 13, 2013 1:39 pm

Revenue of OVL,which has 32 projects in 16 countries,climbed 22.5 per cent to Rs 10,060 crore.

ONGC to buy 12% in Brazil oil field for $529 million

October 15, 2013 1:10 am

The other partners in the Brazilian block were Shell,operator with 50 per cent participating interest.

ONGC Videsh wins two oil blocks in Myanmar

October 14, 2013 3:17 am

ONGC Videsh Ltd,the overseas arm of state-owned Oil and Natural Gas Corp,has won two onland oil blocks in Myanmar.

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