Synopsis: India’s largest upstream energy company delivered a sharp quarterly earnings recovery, with subsidiaries turning around and fresh offshore projects adding to production optimism. India’s energy sector has long grappled with the twin pressures of...
Synopsis: Companies including ONGC, Siemens, Authum Investment & Infrastructure, GIC, Gujarat Fluorochemicals, IRCTC, Astra Microwave Products, Jubilant Ingrevia, Brainbees Solutions, and JK Tyre are set to announce their March quarter earnings results today. On...
Synopsis: United Drilling Tools Ltd (UDTL) gained investor attention after the company announced a new domestic order worth approximately Rs. 10.35 crore from Oil and Natural Gas Corporation (ONGC). The order involves the supply of large OD casing pipes equipped with...
Synopsis: In a board meeting that stretched past 9:30 PM, ONGC approved a new CFO, a three-way petrochemicals marketing JVC with MRPL and OPaL, and equity-plus-guarantee support for the Northeast Gas Grid. Shares of India’s largest state-owned oil and gas...
Synopsis: In a contract that extends its existing relationship with India’s largest upstream oil producer, an offshore marine services company has secured a notification of award from ONGC for operation and maintenance services of a multi-support vessel, valued...
Synopsis: Kotak Institutional Equities upgraded ONGC to ‘Buy’ with a ₹375 fair value with an and a 41% upside potential, highlighting higher crude price assumptions, better realisations from new production, stable regulations, operational recovery, and volume growth,...
Synopsis: A major PSU energy player is gaining attention as analysts highlight improving operational stability and expectations of a production ramp-up in 2026E. Despite limited recent stock momentum, the company continues to offer an attractive ~6% dividend yield,...
Synopsis: Rising Middle East tensions have lifted oil prices, prompting Citi to turn bullish on Reliance Industries and ONGC, citing stronger refining margins and higher crude realisations, while highlighting risks across India’s gas value chain. This article outlines...
Synopsis: Crude oil surged up to 13% after Middle East tensions escalated, briefly holding near $80 per barrel before cooling. Supply risks around the Strait of Hormuz, which handles 20% of global oil, remain key. Meanwhile, OPEC+ plans to raise output by 206,000...
Synopsis: ONGC, Oil India, and Hindustan Oil Exploration Company surged up to 10% in today’s trade as Brent crude reached $68 per barrel, boosting the earnings outlook for upstream oil producers Investors piled into oil and gas stocks today as shares of drilling and...
