ONGC

Oil and Natural Gas Corporation (ONGC) is a multinational oil and gas company. It is a Public Sector Undertaking (PSU) of the government of India, under the administrative control of the Ministry of Petroleum and Natural Gas. Maharatna ONGC is the largest producer of crude oil and natural gas in India, contributing around 70 per cent of Indian domestic production.

The crude oil is the raw material used by downstream companies such as IOC, BPCL, HPCL to produce petroleum products like Petrol, Diesel, Kerosene, Naphtha, Cooking Gas-LPG.

In a government survey for fiscal year 2016-17, it was ranked as the largest profit making PSU in India. The Mission of ONGC is "Dedicated to excellence by leveraging competitive advantages in R&D and technology with involved people".

ONGC is one of the most valuable public sector enterprises listed on Indian stock exchanges.

ONGC's wholly-owned subsidiary ONGC Videsh Limited (OVL) is the biggest Indian multinational in the energy space, participating in 36 oil and gas properties in 17 countries.

It is involved in exploring for and exploiting hydrocarbons in 26 sedimentary basins of India, and owns and operates over 11,000 km of pipelines in the country.

ONGC is one of the largest E&P company in India with in-house service capabilities in all the activity areas of exploration and production of oil and gas and related oil-field services.

The state-of-the-art technologies inducted and absorbed over the years such as depth domain processing, stratigraphic inversion, advanced volume based interpretation tools, stochastic lithofacies modeling using neural network, spectral decomposition, geo-statistical modeling, etc.

ONGC has a unique distinction of being a company with in-house service capabilities in all areas of Exploration and Production of oil & gas and related oil-field services. It is a global energy holding company, engaged in the oil exploration, development, and production of crude oil and natural gas. Its segments include Exploration & Production (E&P), and Refining.

ONGC's wholly owned subsidiary and overseas arm ONGC Videsh is India's largest international oil and gas E&P company with 39 projects in 18 countries including Azerbaijan, Bangladesh, Brazil, Colombia, Kazakhstan, Mozambique, Myanmar, Russia, South Sudan, Sudan, Venezuela, Vietnam, New Zealand and Nambia. a ONGC emerged as the 2nd most profitable PSU in the Public Enterprises Survey 2017-18 contributing 12.49 % to the total profit earned by CPSEs.

ONGC Warns India Must Boost Domestic Oil Output As Import Dependence Remains High

Apr 01, 2026, 02:54 PM IST

Oil and Natural Gas Corporation Marketing Executive Director Ashok Kumar has stressed the urgent need for India to boost domestic oil and gas production, calling current output levels of just 10–12% inadequate for the country’s economic ambitions. He said geopolitical disruptions highlight the risks of heavy import dependence and underlined the importance of strengthening energy security. Kumar highlighted the government-backed “Samudra Manthan” initiative aimed at exploring untapped reserves, especially in deep and ultra-deep waters. ONGC has already begun drilling in regions like the Andaman basin and is focusing on the East Coast, which is believed to hold significant hydrocarbon potential.

If the US-Iran conflict were to end tomorrow - these 5 things can happen immediately

Mar 25, 2026, 09:08 PM IST

Tensions between the US and Iran have kept global markets volatile, with crude oil, LNG and energy stocks reacting sharply to every escalation. A new CLSA report says that if the conflict were to end suddenly, markets could see immediate moves across commodities and oil & gas stocks.

Markets May Fall Further; ONGC, Oil India, Defence Stocks Seen As Key Opportunities

Mar 19, 2026, 05:11 PM IST

In a cautious assessment of the Indian equity markets on Business Today, a market expert warns of a significant correction ahead, drawing parallels to the 2008 financial crisis. The analyst notes that the Nifty 50, which peaked at approximately 26,374 in January 2026, has already seen a sharp decline, including a 500-point drag in a single session. The expert identifies the 23,850 level as a strong resistance point and predicts that the index could slide to 21,500 before potentially hitting 20,200 by October 2026. While the outlook remains bearish for the near term, opportunities are highlighted in upstream oil companies like ONGC and Oil India, as well as the defence and energy infrastructure sectors. Conversely, investors are advised to avoid tires, paint companies, and petrochemicals. The expert suggests that while technical bounce-backs may occur, a sustainable long-term buying opportunity is unlikely to emerge until after October 2026, advising investors to brace for further pain and use rallies to exit positions.

RIL top stock pick amid Iran war; GAIL least impacted gas player, says Nomura; target prices

Mar 19, 2026, 11:09 AM IST

Reliance Industries is the only refiner that will likely benefit from increased refinery margins due to its insignificant fuel retailing footprint, which is less than 10 per cent of refinery throughput in terms of volume.

CPSE ETF likely to rise 25% in a year, says Ashish Chaturmohta

Mar 17, 2026, 07:03 PM IST

The CPSE ETF has constituents such as NTPC, Bharat Electronics (BEL), Power Grid Corporation, ONGC, and Coal India, with the top 10 stocks comprising over 98% of the fund.

What To Buy If Markets Fall? Top Sectors & Stocks To Watch

Mar 17, 2026, 05:26 PM IST

As markets remain volatile amid global uncertainty and rising inflation risks, investors are looking for the right strategy to navigate corrections. In this discussion, market expert Ashish shares his outlook on a potential dip towards the 22,500–22,800 range and highlights key sectors to watch. With a likely shift towards higher inflation and interest rates, traditional growth stocks may face pressure, while value-driven sectors could outperform. Energy, banking, commodities, and defence emerge as strong themes. CPSU ETFs offer exposure to energy PSUs with attractive dividend yields, while private and PSU banks could benefit from rising interest rates and improving asset quality. Is this the right time to accumulate? Watch as we break down the top investment opportunities.

RIL, Bharti Airtel, ONGC, Tata Motors PV among top 'HALO' picks against AI disruption

Mar 06, 2026, 01:46 PM IST

Geojit also anticipates traditional core sectors to generate higher values, supported by their substantial assets and a shift toward "greener and more sustainable operating frameworks".

Stock market today: Sensex falls 547 pts, Nifty below 24,650; IndiGo, ICICI Bank lead losers

Mar 06, 2026, 09:21 AM IST

The rise in crude prices is likely to keep stocks like ONGC and Oil India in the spotlight, as higher oil prices typically benefit upstream energy producers, said Hariprasad K.

Petronet LNG, ONCG, GAIL, HPCL, BPCL, IOC, Oil India shares: Target prices

Mar 05, 2026, 08:12 AM IST

PLNG has already declared force majeure, cutting 7.5mmtpa of the Qatar term contract supplies, while other players like GAIL and Gujarat Gas have also informed their industrial customers about the same.

RIL, BPCL, HPCL, IOC, ONGC, GAIL, GSPL, IGL, MGL, Gujarat Gas, Petronet LNG: Buy or sell?

Mar 04, 2026, 01:10 PM IST

Nomura prefers Oil India as a play on the potential spike in refining GRMs. Reliance Industries Ltd could also benefit if attack on refining assets in the Middle East intensifies, it said.

HPCL, BPCL, IOC shares fall up to 6% as US-Iran war brings oil prices on boil

Mar 02, 2026, 09:40 AM IST

The fall in oil stocks comes amid brent crude oil prices rising 12.37% to $81.89 per barrel. The boil in crude prices is attributed to escalating geopolitical tensions in the Middle East as US-Iran war escalates.