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OIL EXPLORATION COS
ONGC bets on gas-led growth as premium pricing boosts profitabilityONGC anticipates natural gas will drive its future growth and profitability. New high-priced gas production is set to increase significantl...- After Mumbai High, ONGC brings in BP in other western offshore oil, gas fieldsIn a strategic alliance, ONGC has teamed up with BP to enhance the extraction of oil and gas from its aging offshore fields in the west. Th...
- Hindustan Petroleum says HOECL’s crude hit Mumbai refinery ops, to seek damagesHindustan Petroleum Corporation's Mumbai refinery experienced operational issues, including corrosion, after processing crude oil from Hind...
- Rising crude good for producer stocks, not so for consuming cos, fuel retailersThe international benchmark Brent crude oil prices have risen by 28 per cent since the beginning of the year from $51.22 to $65.74 per barr...
- Buy oil exploration cos, forget telecom: Rajat Sharma, Sana SecuritiesPersonally, I have a very negative view on telecom sector for a very long time. Nothing has changed in this regard right now. I would like ...
- Gas pricing: Oil Mininstry plans extending formula to exempted blocks predating NelpCabinet has asked ministry to examine if recently approved gas pricing formula, from which a per-unit rate of $5.61 was derived, can be ext...
- Cap in gas pricing formula in the works to combat global volatilityThe govt is examining a proposal to tweak the newly approved gas price formula to bring in a cap with the aim of protecting consumers from ...
- Oil exploration cos to be free from CAG auditThe proposed change will allow private companies to carry on with their business without going to the oil ministry regularly for clearances...
- Oil Ministry asks Rangarajan panel to resolve coal-bed methane pricing issueOil ministry has asked Rangarajan panel to resolve CBM pricing issue that could further delay commercial production of gas from the blocks.
- Group of ministers proposes regulator for oil and gas fieldsA panel of ministers on corruption has asked the government to create an independent regulator for oil and gas fields.
- Buy Shiv-Vani and Selan Exploration: Avinash GorakshekarIn a chat with ET Now, Avinash Gorakshekar, Head of Research, Anagram Capital Ltd., talks about oil exploration stocks.
- Exploration cos more optimistic than oil marketing cos: BNP ParibasGaurang Shah, Asst VP, Geojit BNP Paribas Financial Services in an interview to ET NOW said that it is good that govt is planning to give s...
- Tax foreign cos helping oil explorers at 10%: AARForeign firms helping domestic oil explorers need to pay tax at lower rate of 10 per cent only as their business is technical services, the...
- Parental identity crisis may cost Deep CH4 CBM blocksThe government is set to deny the natural gas blocks it awarded to Deep CH4 for failing to establish the credentials of parent company Coal...
- ONGC seeks Nelp royalty repaymentAsks Govt to implement cos’ recommendations; will not exit cairn’s Rajasthan oil field.
- Oil cos exploring alternative sources of energy: HPCL chiefIn the wake of rising international crude oil prices, the oil companies in the country are chalking out ways to produce more bio-fuel.
- Oil cos seek MEA help in tapping Latin AmericaWith the oil race intensifying all over the world, domestic oil companies have asked the ministry of external affairs for help in tapping t...
- Govt authorises OVL to invest $102 mn in QatarThe government on Monday authorised ONGC Videsh Ltd to invest 102.21 mn dollars in exploration and production project in Qatar. Tax sheet I...
- New cos explore opportunities in buoyant oil and gasA clutch of new firms are exploring opportunities in the buoyant oil and gas sector, even as the giants increase their drills on-shore and ...
- The Labyrinth Of gas pricing & usageA jumbo group of ministers (GoM) has been set up to look at various contentious issues relating to the supply and pricing of natural gas.
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