{"id":467848,"date":"2022-02-14T10:17:03","date_gmt":"2022-02-14T04:47:03","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=467848"},"modified":"2022-02-14T11:02:16","modified_gmt":"2022-02-14T05:32:16","slug":"high-global-oil-prices-fuel-near-7-fold-rise-in-ongc-q3-net","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/high-global-oil-prices-fuel-near-7-fold-rise-in-ongc-q3-net\/","title":{"rendered":"High global oil prices fuel near 7-fold rise in ONGC Q3 net"},"content":{"rendered":"<p>Oil and Natural Gas Corporation (ONGC) on Saturday posted a near seven-fold growth in net profit for the quarter ended December 2021, as higher oil and gas prices offset a drop in output.<\/p>\n<p>Net profit of Rs 8,764 crore in October-December 2021 rose 596.7 per cent over Rs 1,258 crore net profit in the same period a year back, the state-owned company said. ONGC got $75.73 for every barrel of crude oil it produced and sold in the third quarter of the ongoing financial year, as against $43.20 a barrel realisation in the same period of 2020-21.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil and Natural Gas Corporation (ONGC) on Saturday posted a near seven-fold growth in net profit for the quarter ended December 2021, as higher oil and gas prices offset a drop in output. Net profit of Rs 8,764 crore in October-December 2021 rose 596.7 per cent over Rs 1,258 crore net profit in the same period a year back, the state-owned company said. ONGC got $75.73 for every barrel of crude oil it produced and sold in the third quarter of the ongoing financial year, as against $43.20 a barrel realisation in the same period of 2020-21.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-467848","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/467848","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=467848"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/467848\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=467848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=467848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=467848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}