{"id":653820,"date":"2025-11-25T09:16:16","date_gmt":"2025-11-25T03:46:16","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=653820"},"modified":"2025-11-25T09:37:18","modified_gmt":"2025-11-25T04:07:18","slug":"psu-oil-companies-hit-54-of-fy26-capex-goal","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/psu-oil-companies-hit-54-of-fy26-capex-goal\/","title":{"rendered":"PSU oil companies hit 54% of FY26 capex goal"},"content":{"rendered":"<p>New Delhi: State-run oil and gas companies have spent \u20b971,000 crore in the first seven months of this fiscal year &#8211; about 54% of their annual capex target of \u20b91.32 lakh crore.<\/p>\n<p>Oil and Natural Gas Corp (ONGC) led the spending with \u20b919,267 crore in the April-October period, achieving 55% of its annual target of \u20b934,900 crore, according to oil ministry data. The spending covered drilling wells, exploration activity, and enhanced oil recovery projects in mature fields.<\/p>\n<p>The state oil and gas companies spent a combined \u20b9162,537 crore in capex in FY25. This year, they have moderated their spending target.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: State-run oil and gas companies have spent \u20b971,000 crore in the first seven months of this fiscal year &#8211; about 54% of their annual capex target of \u20b91.32 lakh crore. Oil and Natural Gas Corp (ONGC) led the spending with \u20b919,267 crore in the April-October period, achieving 55% of its annual target of \u20b934,900 crore, according to oil ministry data. The spending covered drilling wells, exploration activity, and enhanced oil recovery projects in mature fields. The state oil and gas companies spent a combined \u20b9162,537 crore in capex in FY25. This year, they have moderated their spending target.<\/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":[130,191,136],"tags":[],"class_list":["post-653820","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/653820","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=653820"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/653820\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=653820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=653820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=653820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}