Commercial crude oil production at ONGC’s Ashoknagar (Baigachhi) project near Kolkata to start by end of July; basin holds 240M+ barrels, Rs 1,000cr invested.

India’s government has asked state-owned Oil and Natural Gas Corp (ONGC) to build and fill a new site for strategic petroleum reserves, with an estimated investment of $1.6 billion, local outlet the Economic Times reported on Friday, quoting sources with know…

Amid continued volatility in broader markets, government-backed companies in the power, energy and metal space saw a sharp rise in the value of GOI holdings during the March 2026 quarter. Here are 10 stocks which saw the highest increase in Q4. Government Por…
ONGC has not yet taken control of the Cambay basin block CB-OS-02. Vedanta is challenging the government's decision to reject the contract extension. The Delhi High Court has ordered parties to maintain the status quo. Vedanta continues to operate the block p…

Stocks To Watch Today, May 27: ONGC, Coal India, IRCTC, Siemens and PC Jeweller are in focus today on Q4 earnings, OFS moves and sector shifts.



In a strategic alliance, ONGC has teamed up with BP to enhance the extraction of oil and gas from its aging offshore fields in the west. This partnership is aimed at revitalising production levels, drawing from the encouraging outcomes observed in their earli…

The TSP will review the field performance and identify improvements in reservoir, facilities and wells to enhance production from western Offshore fields
In 2013, ONGC raised concerns that gas reservoirs in its blocks might be connected to those in the KG-D6 field. A US consulting firm DeGolyer and MacNaughton (D&M) examined the issue. In 2015, D&M concluded that gas worth over ₹11,000 crore had migrat…
The RIL-led consortium defended its extraction of ‘fugitive’ gas as a natural occurrence, arguing that its timely development prevented a $1.4 billion loss to the state and provided superior profit-sharing compared to a potential ONGC operation.
Reliance Industries and its offshore partners are strongly denying allegations of siphoning gas from ONGC fields. The companies are in the Supreme Court challenging a High Court verdict that overturned an arbitral award in their favor. The Centre had demanded…
ONGC shares surged 6% after CLSA termed the government’s decision to cut crude oil and natural gas royalty rates a major positive for upstream producers. The brokerage said the move could raise ONGC’s fair value by 7-9% and Oil India’s by 9-11%. Oil India sha…
US President Donald Trump is slated to have his annual dental and medical evaluations on May 26 at Walter Reed National Military Medical Center, the White House said Monday.'This will include the President's routine annual dental and medical assessments as pa…
Domestic markets surged Wednesday as oil fell below $100. Nifty and Sensex rose over 1%, with notable stock-specific movements across sectors in today's session

Sensex opened at 77,103.72 and was at 76,995.51, down 273.89 points (0.35%) at 9:16 am; The Nifty 50 opened at 24,052.60 and fell to 24,017.90, down 101.40 points (0.42%)

Market breadth on the BSE remained broadly positive, with 2,079 stocks advancing against 1,382 declines and 196 unchanged