ONGC

Rising crude costs, reduced access to discounted Russian oil and heavy capex may pressure OMCs, though strong GRMs, demand growth and LPG subsidies support profits

ONGC's Q3 was weighed down by lower crude realisations, but improved gas realisations, rising new well gas share and upcoming projects may bolster medium-term production

Among the listed companies, Hindustan Aeronautics has announced the highest interim dividend of ₹35 per share, with February 18 as the record date

Dividend stocks: Among the dividend announcements, Escorts Kubota has declared the highest interim dividend of ₹18 per share, followed by Torent Power and Nirlon at ₹15

ONGC's consolidated net profit rose 22.6 per cent year-on-year (Y-o-Y) to ₹11,946 crore in the third quarter of fiscal 2025-26. The firm's revenue from operations in Q3 remained flat

ONGC's board of directors declared second interim dividend of ₹6.25 per equity. The total payout would be ₹7,863 crore for the dividend

Q3FY26 company results: Firms including Biocon, Lupin, Petronet LNG, IRCTC, Indraprastha Gas, Schneider Electric and are also to release their October-December earnings today

Overlooking the Arabian Sea and just a 15-minute ferry ride away from leading beachside resorts, a 4,000-seat convention centre has been built in pristine south Goa to host large conferences and marquee events, including Filmfare-scale award functions. State-owned Oil and Natural Gas Corporation (ONGC) has an Advanced Training Institute (ATI) at Betul in South Goa for training its personnel in safety and HSE practices. Its campus is spread over 1 million square metres, or roughly 250-270 acres, with the training centre being housed in a small portion. Back in 2023, a make-shift conference centre at the unused portion of the vast land at ATI hosted a second edition of India Energy Week, as convention centres that could hold an event of that size elsewhere in the country were unavailable. And there germinated the idea of building a permanent facility to add another chapter to Goa's tourism. Before the fourth edition of IEW at the end of January this year, the convention centre was ...

Aakash Shah, technical analyst at Choice Equity Broking expects ONGC, Oil India and BPCL to gain up to 10 per cent from here based on the strong chart patterns.

The capital expenditure of ONGC, country's largest oil and gas exploration player, is seen declining over six per cent to Rs 30,000 crore in FY27

A technical scan on Nifty 500 stocks reveals that 6 shares were trading in overbought territory based on the RSI parameter, while 66 languished in the oversold zone a day ahead of the Union Budget.

ONGC had onboarded BP as Technical Services Provider (TSP) for Mumbai High in February 2025 to boost production, while retaining ownership and operational control of the field

The companies would share onshore and offshore processing facilities, drilling rigs, marine vessels, power, pipelines, logging and well services, among other resources

In a strategic move to boost offshore energy exploration and operational efficiency, Oil and Natural Gas Corporation Ltd (ONGC) and Reliance Industries Ltd have signed an agreement to share resources such as supply vessels used in finding and producing oil and gas. The two firms signed an MoU for resource-sharing collaboration on the sidelines of India Energy Week (IEW), ONGC Director (Production) Pankaj Kumar said. The pact aims to enhance operational efficiency, enable faster execution of offshore projects, and create stronger synergies between India's largest oil and gas producer and the nation's biggest and most valuable company who have adjacent fields and operations particularly off the east coast, he said. It seeks to explore opportunities to jointly utilise resources, infrastructure, and technical capabilities across offshore energy activities so as to reduce duplication of efforts, optimise capital deployment, and support timely development of offshore assets, which are ...

ONGC has invited global oil majors for technical support partnerships in its western offshore blocks to lift output

The EPCC project at Gujarat's Dahej Petrochemical Complex includes LNG, ethane and propane storage tanks and handling facilities, supporting India's first integrated petrochemical complex

State-owned Mangalore Refinery and Petrochemicals Limited (MRPL) on Wednesday reported a strong turnaround in its financial performance for the third quarter and the first nine months of FY 2025-26, driven by higher revenues, improved margins and a sharp reduction in borrowings. The Board of Directors of MRPL, a subsidiary of Oil and Natural Gas Corporation (ONGC) and a Schedule A' Mini Ratna Category-I company, approved the standalone and consolidated financial results at its 272nd meeting held on January 14, 2026. For the third quarter ended December 31, 2025, MRPL's revenue from operations rose to Rs 29,720 crore, compared to Rs 25,601 crore in the corresponding period last year. Profit before tax jumped nearly five-fold to Rs 2,214 crore, while profit after tax increased to Rs 1,445 crore, from Rs 304 crore in Q3 of FY25. The company's EBITDA for the quarter stood at Rs 2,824 crore, reflecting improved operational efficiency. During the nine-month period, MRPL recorded revenue

The fire triggered by a major gas blowout at an ONGC-owned well in Dr BR Ambedkar Konaseema district was extinguished on Saturday morning. Konaseema District Joint Collector T Nisanthi said the blowout has been fully controlled. The fire is extinguished. Almost no flames now. Blowout (was) fully controlled this (Saturday) morning only, she told PTI. Further, she said operations pertaining to capping of the gas well, Mori-5, and some mudding, a technical process, are underway now. A massive fireball reaching up to a height of 20 metres and a width of 25 metres erupted on January 5 near Mori and Irusumanda villages, following a gas leak at Oil and Natural Gas Corporation (ONGC)-owned well Mori-5. The gas well located in the lush green and amply irrigated Konaseema district was being operated by ONGC's Production Enhancement Contractor (PEC) Deep Industries Ltd, an Ahmedabad-based listed company. Following the disaster, ONGC senior management took direct operational control. The ON

Maharatna public sector oil and gas major ONGC on Wednesday said there is a "remote likelihood" of escalation of its unextinguished gas well blaze triggered by a blowout here in Dr BR Ambedkar Konaseema district. A massive fireball reaching up to a height of 20 metres and a width of 25 metres erupted on January 5 near Mori and Irusumanda villages, following a gas leak at an Oil and Natural Gas Corporation (ONGC) owned Well Mori- 5, whose intensity has been reduced now. A blowout is the uncontrolled release of crude oil or natural gas from an oil well or a gas well, following the failure of pressure control systems. The fire at Mori-5 well has forced the evacuation of hundreds of residents. Officials said the intensity of the blaze has been reduced now. However, ONGC highlighted that significant progress has been achieved in the blowout operations. "In view of the steady progress achieved and the remote likelihood of escalation, the district administration has advised residents in

The Delhi High Court has ordered status quo on Vedanta's Suvali offshore oil block, halting the government's move to transfer operations to ONGC pending final adjudication