18 Aug 2026
ONGC commissioned gas evacuation facilities at Khoraghat in Assam, moving nearly one lakh standard cubic metres a day into the North East Gas Grid.
The link supports ONGC's push to cut flaring, turning gas that had no outlet into sellable volume.
16 Aug 2026
The US Treasury licensed ONGC Videsh to resume full operations in Venezuela, clearing sanctions risk on its stakes in San Cristobal and Petrocarabobo.
About 600 million dollars of dividends sit frozen there, so the licence is first a route to money already earned, then a production story.
01 Aug 2026
ONGC plans to drill 150 deepwater wells over seven years under the 84,084 crore rupee Samudra Manthan scheme approved on 31 July.
The scheme funds 60 deepwater exploration wells against a 43,200 crore rupee allocation, and government support covers up to half the eligible drilling cost capped at 675 crore rupees per well, which moves part of the dry-hole risk off the operator and onto the scheme.
25 Jun 2026
ONGC and bp signed a technical services contract to lift output from the Western Offshore Basin, ONGC's largest producing field, extending a tie-up that began with Mumbai High in February 2025.
ONGC keeps full ownership and operating control while bp brings technology and global operating practices to the ageing fields.
10 Jun 2026
Oil India, ONGC, Hindustan Oil Exploration and Vedanta have asked PNGRB to lift curbs blocking integration of common-carrier and regional gas pipelines.
Connecting the networks could free nearly 10 percent of India's gas output stranded for want of evacuation, cutting import reliance and lifting upstream producers' realisations.
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Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630. Stock notes are market commentary for general information and education. They are not investment advice, not a recommendation to buy or sell, and do not account for any individual's financial situation. Investment in securities is subject to market risks. Please read all related documents carefully before investing. Past performance is not a guarantee of future results.