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ONGC offers JV in exploration blocks to ExxonMobil Exxon is likely to take a view after studying geological data, and a deal may take some time. ONGC is expected to offer a significant minority stake to Exxon in these blocks.
ONGC's plan to merge MRPL with HPCL may have to wait till FY24 Sources said that the process of merging ONGC's two oil refining subsidiaries, Hindustan Petroleum Corp Ltd (HPCL) and Mangalore Refinery and Petrochemicals Ltd (MRPL), will start only after the company completes merging ONGC Mangalore Petrochemical Ltd (OMPL) with MRPL.
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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