ONGC Board Picks Cost Auditors for FY27
ONGC's board approved cost auditors for FY 2026-27: Chandra Wadhwa & Co., Ramanath Iyer & Co., R Nanabhoy & Co. The Board meeting commenced at 11:35 hrs and concluded at 13:00 hrs. Source: BSE
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23 Aug 2026 – 21 Sep 2026 · Times in IST
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ONGC's board approved cost auditors for FY 2026-27: Chandra Wadhwa & Co., Ramanath Iyer & Co., R Nanabhoy & Co. The Board meeting commenced at 11:35 hrs and concluded at 13:00 hrs. Source: BSE
Sensex, Nifty trade flat with ONGC and Bharti Airtel rallying. HCLTech and Tata Steel faced declines amid market volatility. Source: ScoutQuest
ONGC shares rose 2.6% to ₹239.85 amid a surge in crude oil prices. Brent crude trades above $101/barrel; higher oil prices benefit ONGC's revenue. Source: Livemint
Brent Crude hits $100/bbl after 3 months; Nifty Oil & Gas index down 3.9% since May 2026. Aegis Logistics surged 82%, while ONGC and HPCL declined 17% and 13%, respectively. Source: Business Standard
Larsen & Toubro's energy arm won a Rs 2,500-5,000 crore offshore contract from ONGC for Ratna-I and NLM-14 projects. The project involves EPCIC work for new platforms, subsea pipelines, and upgrades to existing offshore facilities. Source: Business Standard
ONGC, Oil India, CPCL, and MRPL shares rise as Brent nears $100. Brent crude prices reached closer to the $100 per barrel mark, boosting oil stocks. Source: Business Today
ONGC approves final dividend of INR 1 per share for FY ended March 31, 2026. The decision was finalized during the AGM held on August 31, 2026. Source: MarketScreener
ONGC and Oil India shares gained 2% amid crude price spike due to US-Iran tensions. ONGC plans ₹1 trillion investment in ultra-deepwater exploration by FY31; analysts see long-term growth potential. Source: Business Standard
ONGC announces senior management changes as per SEBI norms. Ajay Kumar Sharma and Pradeep Kumar Goel retire as Executive Directors effective 01.09.2026. Source: BSE
ONGC to invest ₹1 trillion in deepwater oil, gas exploration over 5 years. ONGC plans an international energy trading desk by late 2026. Source: ScoutQuest
ONGC plans Rs 1 lakh crore investment for deepwater exploration. 87 wells to be drilled by March 2031; aims to tap untapped reserves. Source: The Economic Times
ONGC Videsh secures US OFAC waiver to continue Venezuela oil operations, easing regulatory hurdles. Framework agreement with Venezuela key for ONGC's capex plans, production targets, and investment strategies. Source: NDTV Profit
ONGC to launch oil trading unit by Dec, targeting Dubai/Singapore, diversifying its energy operations globally. ONGC plans Rs 1 lakh crore investment in deepwater exploration, aims to drill 350 wells by FY30 to boost domestic output. Source: NDTV Profit
ONGC plans ₹30,000 crore capex focusing on mature fields, deepwater drilling, and green energy. Partnering with BP, ONGC aims to boost Mumbai High output by 60%; shares closed at ₹233.05, up 0.34%. Source: CNBC TV 18
ONGC plans ₹1 trillion investment in deepwater exploration over 5 years. Source: Livesquawk
Oil & gas ancillary stocks like Dolphin Offshore, Aegis Logistics, Deep Industries fell up to 9.5%, reflecting sector-specific challenges. ONGC's Rs 84,084-crore Mission Samudra Manthan aims to boost offshore exploration with deepwater drillship acquisition plans through 2030-31. Source: NDTV Profit
ONGC plans to acquire drillships or form JV for deepwater exploration. The move is part of its Mission Samudra Manthan to accelerate offshore oil and gas exploration. Source: Business Standard
ONGC fined ₹14.31 lakh by BSE & NSE for non-compliance in board composition. ONGC resolved some committee issues post-August 2026; govt controls director appointments. Source: ScoutQuest
ONGC plans $200M investment to revive Venezuela oilfield operations. The focus is on restarting production and boosting regional output. Source: Livesquawk