ONGC Share Price in Focus Amid India Energy Week 2025 Participation

Oil and Natural Gas Corporation Limited (ONGC) has been in focus on Friday. On February 14, 2025, ONGC share price opened at ₹235.00, almost the same as its previous close of ₹234.95. At 10:26 AM, the share price of ONGC was trading at ₹233.30, down by 0.70% on the NSE.

ONGC at India Energy Week 2025

Meanwhile, ONGC stated on their social media about its active participation in India Energy Week 2025. On February 14, Shri Pankaj Jain, IAS, Secretary, Ministry of Petroleum and Natural Gas, visited the ONGC pavilion, which featured cutting-edge technologies such as AI-powered analytics, a Green Hydrogen model utilising effluent water, and a Deep-Sea ROV Simulation. These initiatives reinforce ONGC’s commitment to energy innovation and sustainability.

India Energy Week 2025, held from February 11 to 14 at Yashobhoomi, Delhi, brings together over 700 exhibitors and 70,000 global attendees, providing a platform for networking, collaboration, and innovation in the energy sector. The event showcases cutting-edge technologies like AI-driven analytics, green hydrogen models, and deep-sea ROV simulations, while also hosting discussions on energy security, sustainability, and India’s exploration plans. It serves as a crucial forum for industry leaders, policymakers, and innovators to shape the future of energy through partnerships and technological advancements.

ONGC’s Expansion Plans

In other news, looking ahead, ONGC has ambitious plans to double its domestic exploration and production acreage to 500,000 square kilometres over the next five years. Vivek Chandrakant Tongaonkar, ONGC’s Director-Finance, revealed that the Indian government has opened up 1 million sq km of no-go areas, and ONGC plans to explore half of this by spending an additional ₹10,000 crore annually for exploration.

Last year, ONGC expanded its acreage by over 32,000 sq km, bringing its total area to around 180,000 sq km. With the formalization of the ninth round of the Open Acreage Licensing Policy (OALP), its total acreage is expected to reach 250,000 sq km, marking a significant step toward achieving energy security.

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