Oil & Natural Gas Corpn Ltd News Today

Ayana Renewable Power is an integrated renewable energy platform with an operational and under-construction portfolio of 4.1 GW across key resource-rich states.

The contract is worth $5.61 million (minus GST) and will be executed as unit rates. Completion of the scope of work is anticipated by May 2026, in line with ONGC’s offshore growth plans.

The existing contract runs until 2028 but under a new agreement signed last year, QatarEnergy will provide ‘lean’ gas, which means the ethane and propane will have been removed from the LNG.

The said demand relates to the period from April 01, 2020 to May 14, 2020, under an Order dated 25th February 2025, communicated to ONGC through email dated 17th March 2025.

As per CCI's official announcement, the acquisition entails that ONGPL will acquire 100% of Ayana Renewable Power's equity share capital.

ONGC’s acquisition of PTC Energy is in line with the company’s plans to expand its portfolio in the renewable energy sector and its focus on investing in sustainable sources of energy.

Lower crude oil realizations impacted earnings, with company getting $72.57 per barrel as against $81.13 per barrel in Q3 FY24.

Bharat Heavy Electricals Limited (BHEL) and Oil & Natural Gas Corporation Ltd (ONGC) have signed an MoU to explore joint projects.

The complex also includes modern facilities for pyrolysis gasoline hydrogenation, butadiene extraction, and benzene extraction.

Here are some of the stocks that may see significant price movement today: Reliance Power, Honasa Consumer, Mahindra and IndiGo, etc.