Buy ONGC with a target of Rs 340: CK Narayan

India's state-owned Oil and Natural Gas Corporation (ONGC) will have to wait until 2 July to find out the fate of its proposed $5 -billion acquisition of ConocoPhillips 8.4-per cent stake in the giant Kashagan oilfield. Kazakhstan's minister of oil ...

Houseviews: How to play LT, ONGC, Zee, Prestige Estates now

Rs 60,000-crore upstream subsidy burden was mostly in line with ONGC's expectations, says Gagan Dixit, Quant Broking. He added that however, crude prices have corrected, and diesel under-recoveries have dipped below Rs 4.

State run, in three exploratory coal bed methane (CBM) assets. ONGC board is planning to rope in two partners, with 25% and 10% stake each, as joint operators, at North Karanpura in Jharkhand), Bokaro in Jharkhand and Ranigunj in West Bengal assets.

Also offers discount, contract with ONGC Videsh if India takes crude oil purchases to

MUMBAI: Aban Offshore has bagged a major contract worth Rs 1,110 crore from ONGC, say sources. At 11:30 a.m.; the stock was at Rs 325.35, up 1.83 per cent, on the BSE. It touched a high of Rs 330.70 and a low of Rs 320.70 in trade today. The order ...

In addition to UK-listed Great Eastern Energy, Brisbane, Australia-based Dart Energy and a consortium of Jindal Steel and Power and Deep Industries have won bids for four coal bed methane (CBM) gas blocks of Oil and Natural Gas Corporation (ONGC).

The oil ministry has moved a cabinet note to raise the price of natural gas produced by state-owned ONGC and OIL as well as private firms like Reliance Industries to $6.7, lesser than the $8-8.5 hike previously expected.

Mumbai: Tata Group software services company Tata Consultancy Services today became the country's most valued firm with a market capitalization of over 2.87 lakh crore, surpassing energy major ONGC's value of more than 2.84 lakh crore. At the end of ...