India & Oil and Natural Gas Corporation
21 shared events · Importance 9 · Last updated Aug 25, 2026
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Business
India: India benefits from increased strategic crude storage capacity, reducing vulnerability to global supply disruptions and supporting its energy security goals as a major oil importer.
Oil and Natural Gas Corporation: ONGC is the lead developer of the new 1.75 MMT strategic petroleum reserve, receiving board approval and engaging with the government for commercial utilization. This project enhances ONGC's role in India's energy security infrastructure.
Jul 09, 2026 · 23 articles
Domestic
India: India stands to benefit from reduced import dependence, improved energy security, and potential foreign exchange savings, with the scheme expected to add over 600 MMTOE to reserves.
Oil and Natural Gas Corporation: ONGC has already spudded its first deepwater exploratory well under the scheme, positioning it as a primary beneficiary and likely to see increased exploration activity and potential reserve additions.
Jul 25, 2026 · 76 articles
Business
India: India's energy security is strengthened by the expanded collaboration between ONGC and BP, as it aims to boost domestic crude oil and natural gas production from the Western Offshore Basin. This initiative will help moderate production decline and improve hydrocarbon recovery, contributing to the nation's energy independence.
Oil and Natural Gas Corporation: Oil and Natural Gas Corporation (ONGC) has signed a technical services contract with BP to boost hydrocarbon production from its Western Offshore Basin, which is crucial for India's energy security. This collaboration is expected to improve recovery, efficiency, and sustained production growth, benefiting ONGC's operational performance and market value.
Mar 09, 2018 · 20 articles
Domestic
India: India>>>, as the world's third-largest oil importer and consumer, is significantly impacted by rising global crude oil prices and geopolitical tensions. The fuel price hikes are expected to increase inflation, transportation costs, and strain household budgets across the country.
Oil and Natural Gas Corporation: Oil and Natural Gas Corporation>>>, as a state-run oil company, is experiencing financial pressure due to rising crude oil prices and a weakening India — Indian rupee>>>. Its director, Sushma Rawat>>>, has commented on the volatility of crude prices and the need for 'belt tightening' through fuel price hikes.
May 19, 2026 · 125 articles
Business
India: India's corporate earnings season showed broad-based strength, reinforcing expectations of sustained growth and supporting the country's economic outlook.
Oil and Natural Gas Corporation: ONGC was among the large caps that led the earnings beat, though oil marketing companies overall faced losses due to elevated crude prices.
Aug 13, 2026 · 12 articles
Regulatory
India: As the host nation of Oil and Natural Gas Corporation, India's government is directly involved in the appointment process, influencing the leadership of a key state-owned enterprise that contributes significantly to the nation's energy security.
Oil and Natural Gas Corporation: The relaxation of eligibility criteria for its chairman position aims to ensure a broader pool of candidates, potentially leading to stronger leadership and strategic direction for the company. This event is crucial for the future leadership of Oil and Natural Gas Corporation.
Jul 05, 2026 · 6 articles
Domestic
India: India is the central actor, diversifying its energy imports and expanding strategic reserves to enhance energy security and reduce vulnerability to geopolitical and transit disruptions.
Oil and Natural Gas Corporation: ONGC is developing a new strategic reserve in Karnataka, with half capacity for strategic use and half for commercial operations, benefiting from the expansion.
Aug 10, 2026 · 16 articles
Regulatory
India: India gains access to overseas oil resources, supporting its energy security and diversification strategy, with ONGC as a key vehicle.
Oil and Natural Gas Corporation: ONGC is the primary beneficiary, gaining full operational freedom in Venezuela, enabling production expansion and dividend recovery, which is positive for its financials and strategic positioning.
Aug 16, 2026 · 6 articles
Business
India: India is the country where the Mass–energy equivalence Ignite programme is launched, aiming to boost its energy deep-tech innovation ecosystem and support startups.
Oil and Natural Gas Corporation: As a major oil and gas PSU, ONGC's participation signals industry support and potential collaboration opportunities for startups.
Aug 20, 2026 · 12 articles
Regulatory
India: India is the central actor, issuing the directive to enhance energy security and reduce import vulnerability. The framework strengthens domestic supply resilience and may lower the risk of future shortages.
Oil and Natural Gas Corporation: Oil and Natural Gas Corporation, as an upstream gas producer, was assigned a combined target with GAIL (India) of 6,460 tonnes per day. It must maintain infrastructure and pursue upgrades to maximize LPG output.
Jul 30, 2026 · 40 articles
Business
India: The projects contribute to India's offshore energy infrastructure development, supporting national energy aspirations and economic growth.
Oil and Natural Gas Corporation: ONGC awards the contracts, advancing its offshore infrastructure projects and supporting its production operations, though it incurs capital expenditure.
Aug 07, 2026 · 7 articles
Business
India: The project contributes to India's energy security and domestic oil and gas production goals.
Oil and Natural Gas Corporation: ONGC's deepwater exploration program is supported by the ROV services, aiding its efforts to develop offshore reserves.
Mar 09, 2018 · 6 articles
International
India: India's state-owned refiner MRPL is directly affected by the disruption, potentially increasing energy import costs for the country.
Oil and Natural Gas Corporation: ONGC is the parent company of MRPL. The disruption may affect its subsidiary's operations and profitability.
Jul 21, 2026 · 12 articles
Business
India: India's equity markets declined due to geopolitical tensions and elevated crude prices, though FII inflows and stable policy rates provide some support.
Oil and Natural Gas Corporation: Oil and Natural Gas Corporation was a top gainer on NSE, likely benefiting from higher crude prices.
Aug 17, 2026 · 6 articles
Business
India: India's Extended Producer Responsibility (EPR) framework is the regulatory backdrop for this initiative, which aims to support the country's circular economy and sustainability goals by improving waste management practices for hazardous lubricants.
Oil and Natural Gas Corporation: Oil and Natural Gas Corporation is mentioned as the promoter and promoter group of Hindustan Petroleum, holding a significant equity stake. Its indirect involvement through Hindustan Petroleum supports the sustainability initiative.
May 26, 2026 · 6 articles
Business
India: The transaction occurs in India's renewable energy market, supporting the country's clean energy targets.
Oil and Natural Gas Corporation: Mentioned in context of a previous large renewable deal (Ayana Renewable acquisition); not directly involved in this transaction.
Jul 13, 2026 · 11 articles
International
Oil and Natural Gas Corporation: Oil and Natural Gas Corporation is the parent company of Oil and Natural Gas Corporation — Oil and Natural Gas Corporation and owns drilling rigs in Gujarat that could be moved to Venezuela to revive oil production.
Jan 04, 2026 · 6 articles
Business
Oil and Natural Gas Corporation: Oil and Natural Gas Corporation facilities in Mehsana, Gujarat, receive crude oil from India's Baghewala field for further transportation.
Apr 05, 2026 · 7 articles
Business
Oil and Natural Gas Corporation: Oil and Natural Gas Corporation was mentioned as one of the key contributors to CSR spending.
Apr 20, 2026 · 8 articles
Business
Oil and Natural Gas Corporation: Oil and Natural Gas Corporation has entered into an agreement with BP — BP Exploration Services India Limited to enhance hydrocarbon production from its Western Offshore fields, which is expected to increase crude oil and natural gas output significantly over a 10-year period, strengthening India's energy security and potentially boosting its stock performance.
May 25, 2026 · 13 articles
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