|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||168.80 - 175.90|
|52-week range||127.60 - 185.40|
|Beta (3Y monthly)||0.56|
|PE ratio (TTM)||10.12|
|Forward dividend & yield||7.60 (4.49%)|
|1y target est||211.33|
India on Thursday revamped rules for future exploration and production of oil and gas blocks in its efforts to attract private investment and increase domestic production. India imports four out of every five barrels of crude oil it consumes and is likely to shell out more than $100 billion on oil purchases in 2018/19. "The emphasis of the new rules is for raising hydrocarbon production," Dharmendra Pradhan, India's oil minister said in New Delhi.
India is looking to expedite discovery efforts to establish the country's shale oil and gas potential and has asked companies to submit a plan, two industry sources said on Sunday. In late 2013, India gave rights to Oil and Natural Gas Corp Ltd to explore for shale oil and gas reserves. In January, India's oil and gas regulator Directorate General of Hydrocarbons (DGH) held a meeting with representatives from various private and government companies to urge them to pursue shale resources in the oil and gas blocks already held by them, a source at the regulator said.
Energy-hungry India will allow state-owned explorers to rope in the private sector to raise production from old fields as the world's third biggest oil importer strives to better exploit its hydrocarbon resources and cut dependence on foreign oil. India is the world's third-largest oil consumer and buys about 80 percent of its supplies from abroad. Prime Minister Narendra Modi has set a target to cut India's dependence on foreign oil to 67 percent by 2022.
India's ONGC Videsh, the overseas investment arm of the country's biggest explorer, Oil and Natural Gas Corp, has found more oil in a block in Colombia, a company statement said. ONGC Videsh has a 70 percent ...
The board of India's top explorer, Oil and Natural Gas Corp Ltd, will consider a proposal this week to list its overseas investment arm, ONGC Videsh Ltd, on domestic bourses, two sources privy to the matter said on Wednesday. "ONGC has a board meeting on Dec. 20 and 21. A proposal for listing of ONGC Videsh will be discussed," one of the sources said.
India's Oil and Natural Gas Corp has received a payment of $32 million from Petroleos de Venezuela (PDVSA) as part of a settlement of outstanding dividend payments and said it now hopes that Venezuela's state oil firm will be regular in making further payments, a senior ONGC official said. "It is a good development," said N. K. Verma, managing director of ONGC Videsh, the overseas investment arm of ONGC.
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ONGC's net profit stood at 82.65 billion rupees ($1.14 billion) in the quarter ended Sept. 30, compared with 51.3 billion rupees a year earlier, the company said in a stock exchange filing.
India's Oil and Natural Gas Corp Ltd posted a 61 percent jump in second-quarter profit on Saturday, with higher crude oil prices helping it to beat forecasts. ONGC's net profit stood at 82.65 billion rupees ...
India's Petronet LNG and ONGC Videsh are jointly in talks about buying a stake in Tellurian Inc's proposed Driftwood project in Louisiana, Petronet's managing director said on Friday. "We have moved slightly forward (from the preliminary discussion stage)... we are evaluating it seriously and we are in serious discussion with them," Prabhat Singh told Reuters in a phone interview. India is expanding its pipeline network and building new liquefied natural gas (LNG) import terminals to boost use of the cleaner fuel in the country.
WASHINGTON/NEW DELHI (Reuters) - Venezuela's state-run PDVSA has shipped a crude cargo valued at $35 million as partial payment to Indian oil company ONGC Videsh Ltd for overdue dividends from a joint venture, according to two people familiar with the matter. The payment is based on an agreement signed in 2016 by PDVSA and ONGC Videsh, the overseas investment arm of India's Oil and Natural Gas Corp (ONGC.NS), to repatriate about $530 million in dividends due from their San Cristobal oil project in Venezuela.
Oil and Natural Gas Corporation Limited (ONGC) has released an employment notification for retired officers to the posts of Mamlatdar/Tehsildar, Forest Ranger and Surveyor. Those who have already worked in that profession will be eligible for induction as senior persons in
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India's Oil and Natural Gas Corp Ltd has sought an exemption from a government request to buy back government-held shares in the company as ONGC needs the funds for its own capital expenditures, Chairman ...
Join as a doctor at Oil and Natural Gas Corporation Limited. ONGC has invited applications from interested and eligible candidates to fill up 16 vacancies. The selection process is through a walk-in interview that will be held on Sep 8, 2018.
Oil and Natural Gas Corporation Limited (ONGC), a Maharatna public sector enterprise, has released a recruitment notification for the post of Graduate Trainee (GT) in engineering and geoscience disciplines. The selection will be done through GATE 2019. The selected candidates will
Sudan wants India's ONGC Videsh Ltd (OVL) to withdraw arbitration proceedings against the African nation as it is making efforts to mitigate default on payment of dues, OVL said in a statement on Friday. OVL, the foreign acquisition unit of Oil and Natural Gas Corp's (ONGC), filed an arbitration claim earlier this year against the government of Sudan in a London court seeking to recover dues pending for years from a project hit by the breakaway of South Sudan in 2011.