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Government of India >  Public Sector Undertakings (PSUs) > Oil and Natural Gas Corporation Limited (ONGC)
Oil and Natural Gas Corporation Limited (ONGC)
A modest entity in the serene Himalayan settings - Oil and Natural Gas Corporation Limited (ONGC) was set up as a Commission on August 14, 1956. The company became a corporate on June 23, 1993, which has now grown into a full-fledged horizontally integrated petroleum company. Today, ONGC is a flagship public sector enterprise and India's highest profit making corporate, achieving the record of being the first Indian corporate to register a five digit profit figure of Rs. 10,529 Crore in the year 2002-03.
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Contact Details
Registered Office:Oil and Natural Gas Corporation Limited (ONGC)
Jeevan Bharathi, Tower-II
Indira Chowk
New Delhi, DH, 110001
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Delhi Office:Oil and Natural Gas Corporation Limited (ONGC), Jeevan Bharti
Jeevan Bharti, Tower-11, 124
Indira Chowk
Delhi, DH, 110001
Phone : +91-11-23310156
Head Office:Oil and Natural Gas Corporation Limited (ONGC)
Tel Bhavan
Dehradun, DN, 248003
Phone : +91-135-2759561
Fax : +91-135-2752161
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News
Nifty CPSE index slips 3%; IOCL, Oil India hit 52-week lows
Posted on 22nd January 2020

Shares of Central Public Sector Enterprises (CPSEs) were under pressure with Nifty CPSE index falling 3 per cent on the National Stock Exchange (NSE) on Wednesday.

Oil and Natural Gas Corporation (ONGC), Oil India and Coal India dipped more than 4 per cent in the intra-day trade. NTPC, Bharat Electronics, Power Finance Corporation (PFC), NBCC, NLC India and Indian Oil Corporation (IOCL) were down in the range of 1 per cent to 3 per cent on the NSE.

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Oil-linked stocks trade weak as oil prices continue to surge; HPCL down 5%
Posted on 6th January 2020

Shares of oil & gas companies, tyre, paint, and aviation firms were under pressure on Monday as oil prices continued to surge after US President Donald Trump issued a threat to impose sanctions on Iraq amid escalating tensions with Iran in the Middle East.

At 09:40 am, Brent crude futures were trading 2.70 per cent higher at 70.45 USD/bbl while WTI Crude Oil (Nymex) were trading at 64.54 USD/bbl, up over 2 per cent.

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Amid legal battle, ONGC takes over physical control of PMT from RIL & Shell
Posted on 23rd December 2019

Amid clouds over the legal battle regarding $4.5-billion claim by the government towards profit and royalty from Panna, Mukta and Tapti (PMT) fields, state-run Oil and Natural Gas Corporation (ONGC) has physically taken over the PMT fields from Reliance Industries (RIL) and Shell.

The government had approached the Delhi High Court seeking to block RIL’s stake sale plans, including the -$15-billion deal with Saudi Aramco, citing non-payment of an international arbitral award to the tune of $4.5 billion on PMT.

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Maharshtra Seamless surges 4% on bagging order from ONGC
Posted on 9th December 2019

Shares of Maharashtra Seamless rose 3.7 per cent to Rs 373 on the BSE on Monday on receipt of an order from Oil and Natural Gas Corporation (ONGC) worth Rs 500 crore.

In an exchange filing, the company said it has bagged order for supply of seamless castings to ONGC.

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Twin ONGC strikes in Colombia and Brazil
Posted on 17th October 2019
ONGC Videsh (OVL) on Wednesday said it has struck oil in Colombia and gas in Brazil, which will boost its energy reserves in the Latin American countries.

OVL found oil in Colombia’s onshore exploration block CPO-5 in the Llanos basin and natural gas in a deep offshore exploration block — BM-SEAL-4 — in Brazil’s Sergipe Alagoas Basin, the company said in a statement. Read More

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