Key Developments: Oil and Natural Gas Corporation Ltd (ONGC.BO)

ONGC.BO on Bombay Stock Exchange

193.55INR
5:29am EST
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Rs-9.25 (-4.56%)
Prev Close
Rs202.80
Open
Rs200.00
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Rs201.05
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Rs188.00
Volume
830,530
Avg. Vol
409,126
52-wk High
Rs351.00
52-wk Low
Rs188.00

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Latest Key Developments (Source: Significant Developments)

Oil and Natural Gas Corporation Ltd in talks to up stake in NK Rosneft' OAO's Vankor oilfield-Reuters
Thursday, 24 Dec 2015 09:18am EST 

NK Rosneft' OAO:India's Oil and Natural Gas Corporation Ltd (ONGC) is in talks to increase its stake in Vankor oilfield owned by Russia's top oil producer Rosneft, official documents showed on Dec. 24-Reuters.The documents, signed during Indian Prime Minister Narendra Modi's visit to Moscow, also call for cooperation between Russian and Indian companies in offshore and onshore exploration and production of hydrocarbons in Russia.  Full Article

Oil and Natural Gas Corporation Ltd Fixes Record Date for Interim Dividend
Wednesday, 28 Oct 2015 04:00am EDT 

Oil and Natural Gas Corporation Ltd:Has fixed Nov. 13, as the Record Date for the purpose of Payment of Interim Dividend, if any.Says payment of Interim Dividend, if declared, shall start from Nov. 16, onwards to the Shareholders.  Full Article

Oil and Natural Gas Corporation Ltd to acquire 15 pct interest in Vankor Field located in East Siberia of the Russian Federation
Friday, 4 Sep 2015 02:59am EDT 

Oil and Natural Gas Corporation Ltd:To acquire 15 pct interest in Vankor Field located in East Siberia of the Russian Federation.  Full Article

Oil and Natural Gas Corporation Ltd recommends final dividend
Thursday, 28 May 2015 06:10am EDT 

Oil and Natural Gas Corporation Ltd:Recommends final dividend of 0.50 Indian Rupees per equity share of 5 Indian Rupees each, for the Financial Year 2014-15.  Full Article

Oil and Natural Gas Corporation declares second interim dividend
Friday, 20 Mar 2015 03:00am EDT 

Oil and Natural Gas Corporation Ltd:Approved second interim dividend of 4 Indian rupees per equity share.  Full Article

Oil and Natural Gas Corporation Ltd fixes record date for second interim dividend
Tuesday, 24 Feb 2015 07:33am EST 

Oil and Natural Gas Corporation Ltd:Fixes March 25, as record date for payment of 2nd Interim Dividend.Says payment of interim dividend, if declared, shall start from March 26 onwards.  Full Article

Oil and Natural Gas Corporation Ltd enters into Memorandum Of Understanding (MoU) with Super Wave Technology Pvt Ltd
Wednesday, 18 Feb 2015 05:27am EST 

Oil and Natural Gas Corporation Ltd:Enters into MoU with Super Wave Technology Pvt Ltd(SWTPL ) for researching alternative technology for hydraulic fracturing.Says it provides assistance to SWTPL for developing shock wave assisted fracking technology.SWTPL proposes to use shock/blast waves for initiating fractures/features in sandstone/shale reservoirs located initially at depth of 1000-1500m.  Full Article

Oil and Natural Gas Corporation Ltd and IITs to collaborate for bolstering 'Make in India' campaign in energy sector
Monday, 19 Jan 2015 11:17pm EST 

Oil and Natural Gas Corporation Ltd:Says that the company and Pan-HT entered into memorandum of collaboration (MoC) on Jan. 19, at New Delhi to work towards collective R&D programme for developing indigenous technologies to enhance exploration and exploitation of hydrocarbons and alternate sources of energy.Pan HT is consortium of seven premier Indian Institutes of Technology namely, IIT-Kharagpur, IIT-Kanpur, IIT-Madras, HT¬Mumbai, IIT-Delhi, IIT-Guwahati and IIT-Roorkee.Under MoC, ONGC's R&D Institutes and the IITs shall jointly undertake advanced research and development projects for the E&P sector of the country in general and oilfield specific activities of ONGC in particular.  Full Article

Oil and Natural Gas Corporation Ltd approves interim dividend
Friday, 12 Dec 2014 06:53am EST 

Oil and Natural Gas Corporation Ltd:Approved an interim dividend of 5.00 Indian Rupees per equity share of 5 Indian Rupees each, for the Financial Year 2014-2015.  Full Article

Oil and Natural Gas Corporation Ltd's ONGC Videsh Ltd to acquire stake in two Siberian oilfields-Business Standard
Thursday, 4 Dec 2014 03:43am EST 

Oil and Natural Gas Corporation Ltd:ONGC Videsh Ltd, the overseas arm of state explorer, will sign a memorandum of understanding (MoU) for acquiring the stake in Vankor and Yurubcheno-Tokhomskoye fields, government officials said-Business Standard.  Full Article

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Low crude price dents India's ONGC profit

NEW DELHI/MUMBAI India's biggest explorer Oil and Natural Gas Corporation Ltd posted a 64 percent drop in quarterly profit, hit by a a 40 billion rupees ($584.62 million) one-time impairment charge on producing assets due to a sharp fall in the crude price.

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