Wednesday, September 22, 2021
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Army rescues 2 abducted ONGC staff, ops on to rescue third

Three employees of the ONGC were on April 21 kidnapped by suspected ULFA-I militants from its Lakwa oilfield in Assam's Sivasagar district along the Assam-Nagaland border.

Three ONGC employees abducted in Assam

Whereabouts of the kidnapped employees were not known and kidnappers have not made any contact with the family or the company so far, a source in ONGC said.

MEIL indigenously making rigs for oil and gas sector

MEIL has bagged the order to manufacture and supply 47 drilling rigs worth Rs 6,000 crore via a tender from ONGC in 2019.

Sensex tanks 487 pts; Nifty slips below 15,100

Bajaj Auto was the top loser in the Sensex pack, falling around 3 per cent, followed by Maruti, ICICI Bank, Sun Pharma and Reliance Industries

Sensex surges 750 points as investors cheer Q3 GDP data

Likewise, the NSE barometer Nifty settled with a gain of 232.40 points or 1.60 per cent at 14,761.55.

Equity benchmark Sensex sheds 379 points

ONGC was the top gainer, rallying around 8 per cent. NTPC, Asian Paints, Tech Mahindra, PowerGrid and IndusInd Bank were among the other winners.

Sensex, Nifty end marginally lower after choppy trade

After swinging 666.64 points, the 30-share BSE Sensex settled 19.69 points or 0.04 per cent lower at 51,309.39.

Consolidation in public sector oil firms may be back on table in FY22

Petroleum had been included in the strategic sector as it ensures energy security for the country.

Oil India Limited widens its exploration network in Northeast

OIL Deputy General Manager (CC) Tridiv Hazarika said that currently the company has explored huge oil and gas reserves in Assam and Arunachal Pradesh while engaged in exploration works in Mizoram.

Govt extends bid deadline for Pawan Hans by a month to Feb 18

In 2019, a second attempt was made to sell Pawan Hans but the sale process failed to receive investor response.

ONGC’s plan to merge MRPL with HPCL may have to wait till FY24

The process is now expected to be completed by FY24 as ONGC has decided to consolidate its refining and petrochemicals business around MRPL first before pushing for its merger

Early inclusion of natural gas into GST fold likely

Though the dates for next GST Council meeting is yet to be finalised, finance minister sources said its due and may take place anytime after the budget presentation.

Sensex pares major gains after hitting record high

Sensex opened at an all-time high of 48,616.66, and the Nifty50 on the National Stock Exchange touched a new record of 14,244.15 points.

Equity indices fall, Sensex down around 200 points

Around 10.15 a.m., Sensex was trading at 47,986.84, lower by 189.96 points or 0.39 per cent from its previous close of 48,176.80.

Equity indices in green, Sensex up 200 points

Around 10.25 a.m., Sensex was trading at 46,206.80, higher by 200.11 points or 0.43 per cent from its previous close of 46,006.69.

India’s crude oil production slips 5 per cent in Nov

Crude oil production in November stood at 2.48 million tonnes was lower than 2.61 million tonnes produced in the same month a year back

Sensex tumbles over 300 points in early trade; Nifty slips below 13,250

Meanwhile, the global oil benchmark Brent crude futures were trading 0.45 per cent lower at USD 50.68 per barrel. 

Sensex rallies 347 points to end at fresh peak

Similarly, the broader NSE Nifty rose 97.20 points or 0.73 per cent to an all-time closing high of 13,355.75. It touched its record intra-day peak of 13,366.65 in early trade.

OVL strikes oil in Colombia block

OVL struck oil while drilling an appraisal well 'Indico-2' in CPO-5 block in Llanos Basin of Colombia, the company said in a statement

Disinvestments plaguing PSUs

Centre’s desperate measures to divest stake during economic slowdown could lead to distress sale, point out experts

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