A Group of Ministers on Wednesday approved major game changers in oil and gas exploration and production sector, including asset stripping of state-run Oil & Natural Gas Corp and Oil India Ltd. Based on the proposal from the Petroleum Ministry, the GoM — headed by Finance Minister and assisted by Coal, Commerce, Power and Petroleum […]
Category: Oil & Gas
Profit at Rs 8,262.70 crore, ONGC Q3 net rises 65 per cent
Driven by higher net realisations and a sharp depreciation in currency, Oil and Natural Gas Corporation (ONGC) on Thursday reported a 65 per cent year-on-year (YoY) increase in profit to Rs 8,262.70 crore. The stock, which closed Thursday’s session down 1.12 per cent at Rs 132.10, is among the biggest underperformers. Since 2018, it has […]
IFFCO Chowk Underpass: Solitary petrol pump in way of Gurgaon mega project might finally go
Work on the right-turn underpass at Gurgaon’s IFFCO Chowk, that has been held up because of an HPCL petrol pump in its path, may soon begin again, with the Haryana Shahari Vikas Pradhikaran (HSVP) allotting a new site for the pump on Monday.