The 18 per cent jump in crude oil prices since January is making some corporate leaders jittery, especially from the aviation, cement and tyre sectors, as their input costs would shoot up substantially.
Shares of oil & gas companies were trading firm in otherwise range-bound market with Oil and Natural Gas Corporation (ONGC), Petronet LNG and Gail (India) hitting their respective 52-week highs on the BSE in intra-day trade.
With the domestic natural gas price dipping by 51 per cent in 24 months to $2.5 per million British thermal units (mBtu), downstream companies Oil and Natural Gas Corporation (ONGC) and Oil India (OIL) are batting for a floor price of at least $4.2 a
The board of Oil and Natural Gas Corporation is split on the issue of claiming compensation for Rs 11,000 crore worth of natural gas spewing from its K-G basin block into adjoining fields of Reliance Industries.
NIFTYCurrent: 8,723 (fut: 8,733),Target: NAStop-loss short positions at 8,805. Stop-long positions at 8,645. Big moves could go till 8,600, 8,855, the key support is at 8,650. A long 8,700p (36), short 8,600p (13), would gain 10-15 if the index
The tax department has slapped a service tax demand of over Rs 6,100 crore on ONGC Videsh Ltd (OVL), the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), highlighting the accounting discrepancies arising out of its overseas investments in oil
The A P Shah panel's recommendation of levying a penalty on Reliance Industries (RIL) for producing gas that migrated from adjoining field of Oil and Natural Gas Corporation has come at a time when its partner Niko Resources is uncertain about funding
Oil and Natural Gas Corporation (ONGC) on Thursday said the Shah panel report on gas migration from its field in the Krishna-Godavari basin to the adjacent one of Reliance Industries had vindicated its stand on the issue.
State-run Oil and Natural Gas Corporation (ONGC) has confirmed it is in talks to acquire a certain portion of the oil and gas assets of Gujarat State Petroleum Corporation in the Krishna-Godavari basin, off the Andhra coast.
State-run Oil and Natural Gas Corporation (ONGC) has posted a 21.1 per cent decline in net profit for the June quarter to Rs 4,233 crore against Rs 5,368 crore in the year-ago period, owing to a drop in production.
A day after the A P Shah committee came out with a report on the migration of gas from Oil and Natural Gas Corporation (ONGC)’s block in the Krishna Godavari basin to the adjacent fields owned by the Mukesh Ambani-led Reliance Industries Ltd (RIL),
The A P Shah committee on Wednesday asked the government to claim “restitution&" from Reliance Industries (RIL) for “the unjust benefit&" it received from the migration of gas from state-run Oil and Natural Gas Corporation’s
A P Shah committee, which was looking into the dispute over transportation of natural gas from ONGCKG base’s blocks in KG basin to the neighbouring fields of Reliance Industries Ltd (RIL), is set to submit its final report on Wednesday.