Sunday, October 24, 2021
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ONGC signs contract for 7 blocks, OIL 4 blocks

Oil Minister Dharmendra Pradhan said with the latest bid round, the government has in the last four years awarded 1.56 lakh square kilometre of acreage for finding and producing oil and gas.

ONGC books Rs 1,238 cr impairment loss, Q2 net profit down 55 pc

Standalone net profit at Rs 2,878 crore in July-September quarter was 54.6 per cent lower than Rs 6,336 crore net profit a year ago, the company said in a statement

ONGC puts mature oil, gas fields on block

The 15-year Production Enhancement Contract (PEC) will require firms to commit to investing in capital and operating expenditure to increase production, higher than the existing baseline output

Sensex plunges over 350 pts in early trade; Nifty drops below 11,650

The 30-share BSE index was trading 365.19 points or 0.91 per cent lower at 39,557.27. Similarly, the broader NSE Nifty tumbled 106.90 points or 0.91 per cent to 11,622.70.

ADNOC seeks Indian partners for $45 bn petrochem expansion plans

ADNOC CEO Sultan Ahmed Al Jaber sought opportunities to strengthen the UAE-India energy relationships

ONGC wins 7 oil blocks, OIL 4 in latest bid round

The government had offered 11 blocks for exploration and production of oil and gas in the fifth bid round under the Open Acreage Licensing Policy (OLAP). A total of 12 bids seven bids by Oil and Natural Gas Corp (ONGC)

Decks clear for ONGC to merge refining subsidiary MRPL with HPCL

Sources said that the process of merging ONGC's two oil refining subsidiaries, HPCL and MRPL, will be started immediately after the company completes merging ONGC Mangalore Petrochemical Ltd (OMPL)

Sensex jumps nearly 400 points in early trade; Nifty tops 12,000

Exchange data showed that foreign institutional investors sold equities worth Rs 39.39 crore on a net basis on Friday.

Sensex soars over 400 pts in early trade; IT stocks shine

The 30-share index was trading 452.15 points or 1.13 per cent higher at 40,331.10, and the NSE Nifty soared 117.50 points or 1 per cent to 11,856.35.

Oil & gas imports to increase until 2040: Moody’s

Oil companies left with little cash to meaningfully invest in low carbon alternatives

Govt cuts gas price by 25 per cent

This is the third straight reduction in rate in one year. The price was cut by a steep 26 per cent to $2.39 in April.

Markets soar for 2nd day

"Key Indices ended high as bulls led the charge backed by financials and well supported by auto and pharma.

Frustrated with non-payment of dues, ONGC exits from Sudan

Sudan had since 2011 not paid OVL and partners for oil it bought from the block. Sudan's dues towards OVL totalled $430.69 million

Frustrated with non-payment of dues, ONGC exits from Sudan

Sudan had since 2011 not paid ONGC Videsh Ltd (OVL) and partners for oil it bought from the block. Sudan's dues towards OVL totalled USD 430.69 million.

Natural gas prices may be cut

Could dent revenues of producers such as ONGC who are already incurring huge losses on gas production

Sensex surges over 200 pts in early trade; RIL leads gains

The BSE Sensex was trading 206.45 points or 0.54 per cent higher at 38,516.94; while NSE Nifty was up 56.10 points or 0.50 per cent at 11,356.55.

Sensex crashes by 667 points, Bandhan Bank dips by 10 pc

Index heavyweight Reliance Industries lost by 2.9 per cent to close the day at Rs 2,007.20 per share. The other prominent losers were UPL, HDFC Life, ONGC and GAIL.

Sensex sheds 143 pts on weak global cues; financial stocks tumble

The NSE Nifty shed 45.40 points, or 0.42 per cent, to close at 10,768.05.

ONGC, OIL top bidders for 11 blocks

Oil and gas blocks got only 12 bids out of which, the State-owned firms take seven

Sensex, Nifty end marginally lower on F&O expiry

After swinging 581.83 points during the session, the 30-share BSE Sensex settled 26.88 points, or 0.08 per cent, lower at 34,842.10.

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