Market Chatter: ONGC to Invest INR1 Trillion in Deepwater Exploration Over Five Years

MT Newswires Live

Yesterday

India's Oil and Natural Gas (NSE:ONGC, BOM:500312) aims to invest 1 trillion rupees over the next five years to explore deepwater and ultradeepwater fields in the country, Reuters reported Monday, citing Chairman A.K. Singh.

The state-run oil explorer plans to drill 87 deepwater and ultradeepwater wells by March 2031, according to the report.

India has significant untapped oil and gas reserves in deepwater blocks, while advances in technology are making it possible to develop those resources, Singh reportedly said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://au1.tigerplaytime.com/news/2664887007"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2664887007\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2664887007?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-01 11:31","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2664887007","market":"sh","top_or_hot":-1,"title":"Market Chatter: ONGC to Invest INR1 Trillion in Deepwater Exploration Over Five Years","media":"MT Newswires Live","content":"<html><body><p> India's Oil and <a href=\"https://laohu8.com/S/NGS\">Natural Gas</a> (NSE:ONGC, BOM:500312) aims to invest 1 trillion rupees over the next five years to explore deepwater and ultradeepwater fields in the country, Reuters reported Monday, citing Chairman A.<a href=\"https://laohu8.com/S/TKKD.SI\">K</a>. Singh.</p><p>The state-run oil explorer plans to drill 87 deepwater and ultradeepwater wells by March 2031, according to the report.</p><p>India has significant untapped oil and gas reserves in deepwater blocks, while advances in technology are making it possible to develop those resources, Singh reportedly said.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market Chatter: ONGC to Invest INR1 Trillion in Deepwater Exploration Over Five Years</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket Chatter: ONGC to Invest INR1 Trillion in Deepwater Exploration Over Five Years\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-09-01 11:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> India's Oil and <a href=\"https://laohu8.com/S/NGS\">Natural Gas</a> (NSE:ONGC, BOM:500312) aims to invest 1 trillion rupees over the next five years to explore deepwater and ultradeepwater fields in the country, Reuters reported Monday, citing Chairman A.<a href=\"https://laohu8.com/S/TKKD.SI\">K</a>. Singh.</p><p>The state-run oil explorer plans to drill 87 deepwater and ultradeepwater wells by March 2031, according to the report.</p><p>India has significant untapped oil and gas reserves in deepwater blocks, while advances in technology are making it possible to develop those resources, Singh reportedly said.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DBE","symbol_name":"能源商品ETF-PowerShares","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2664887007","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2664887007","pubTimestamp":1788233492,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"India's Oil and Natural Gas  aims to invest 1 trillion rupees over the next five years to explore deepwater and ultradeepwater fields in the country, Reuters reported Monday, citing Chairman A.K. Singh.The state-run oil explorer plans to drill 87 deepwater and ultradeepwater wells by March 2031, according to the report.India has significant untapped oil and gas reserves in deepwater blocks, while advances in technology are making it possible to develop those resources, Singh reportedly said.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"DBE":"能源商品ETF-PowerShares","IEO":"iShares Dow Jones U.S. Oil & Gas","ERX":"二倍做多能源ETF-Direxion","DRIP":"Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares","VDE":"Vanguard Energy ETF","FTXN":"First Trust Nasdaq Oil & Gas ETF","GUSH":"Direxion Daily S&P Oil &Gas Exp. & Prod. Bull 2X Shares","DIG":"二倍做多美国油气指数","PXJ":"Invesco Oil & Gas Services ETF","IXC":"全球能源业ETF-iShares","USE":"USCF Energy Commodity Strategy Absolute Return Fund","XES":"SPDR S&P Oil & Gas Equipment & Services ETF","DBC":"商品指数ETF-PowerShares DB","WTIU":"MICROSECTORS ENERGY 3X LEVERAGED ETN","DRLL":"Strive U.S. Energy ETF","PXE":"Invesco Energy Exploration & Production ETF"},"translate_title":"市场传闻：ONGC 将在五年内投资 1 万亿印度卢比进行深水勘探","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PXE":0.6,"DIG":0.6,"GUSH":0.6,"IXC":0.6,"DBE":0.6,"PXJ":0.6,"IEO":0.6,"USE":0.6,"WTIU":0.6,"FTXN":0.6,"XES":0.6,"DRLL":0.6,"ERX":0.6,"DRIP":0.6,"DBC":0.6,"VDE":0.6},"content_text":"India's Oil and Natural Gas (NSE:ONGC, BOM:500312) aims to invest 1 trillion rupees over the next five years to explore deepwater and ultradeepwater fields in the country, Reuters reported Monday, citing Chairman A.K. Singh.The state-run oil explorer plans to drill 87 deepwater and ultradeepwater wells by March 2031, according to the report.India has significant untapped oil and gas reserves in deepwater blocks, while advances in technology are making it possible to develop those resources, Singh reportedly said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}