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CRUDE ROYALTY
Buy, Sell or Hold: RIL remains Morgan Stanley's top pick; remains underweight on Oil IndiaBrokerages remain selective on India's energy sector, favouring companies with strong growth drivers and attractive valuations. Morgan Stan...- Banks look risky, bet on EVs and innovators: Dipan Mehta on where to put your money nowMarket expert Dipan Mehta advises investors to focus on individual stocks rather than the Nifty amidst market volatility. He suggests avoid...
- Crude@$100+: The Rs 3 lakh crore power boom you might be missingThe US-Israel-Iran conflict has significantly boosted India's power and energy stocks, with Nifty Energy's market cap rising by Rs 3 lakh c...
- Fuel price hike may become inevitable amid rising crude stress: MK SuranaIndia's oil marketing companies face escalating under-recoveries due to persistent crude oil supply disruptions and an uncertain global mar...
- Explained: Why Vedanta shares are up 4% after government's royalty cut on crude oilVedanta shares rallied after the Centre reduced royalty rates on crude oil and natural gas production, a move expected to lower costs for t...
- ONGC shares rally 6% after govt cuts crude oil royalty; CLSA explains why it’s a big boostONGC shares surged 6% after CLSA termed the government’s decision to cut crude oil and natural gas royalty rates a major positive for upstr...
- India cuts royalty burden on oil and gas producers in push for domestic outputIndia's Centre has lowered royalty rates for crude oil and natural gas production. This move aims to encourage more domestic exploration an...
- Natural gas mineral firm WhiteHawk reveals sevenfold revenue surge in US IPO filingWhiteHawk, a leading natural gas royalty firm, is taking the stock market plunge with its initial public offering. This comes on the heels ...
- Assam to get Rs 6,320 crore as crude royalty, says Minister Himanta Biswa SarmaFollowing the agreement reached between BJP-led Assam government and Centre, the underpayment of royalty case in the Supreme Court is now w...
- Rs 392 crore additional royalty burden on ONGC, Rs 1,100 crore on Oil IndiaONGC/OIL would raise a gross bill based on the prevailing international oil price but their actual realisation was less than that after acc...
- Oil PSUs to pay royalty on gross price to producing statesONGC/OIL would raise a gross bill based on the prevailing international oil price but its actual realisation was less than that after accou...
- Assam to receive pre-discounted crude royaltyAssam will get crude oil royalty at pre-discounted price similar to Gujarat with effect from February 1, 2014. Petroleum ministry writes to...
- Assam could have moved court to recover underpayment of crude oil royaltyUnion minister of state for petroleum and natural gas Dharmendra Pradhan said that Assam could have moved court seeking payment of underpay...
- Centre backs Assam's claim on crude royaltyThe Assam government had already approached the Gauhati HC seeking a direction to ONGC and OIL to pay royalty on crude at a pre-discounted ...
- Injustice was done to Assam by earlier government in the payment of oil royalty: Dharmendra PradhanAssam wants royalty to state on the well head price determined by the actual price of equivalent crude oil prevailing in the international ...
- ONGC to appeal in Supreme Court against Gujarat HC orderThe Gujarat High Court had on November 30 directed ONGC to pay royalty to the state government on the gross bill price of crude oil.
- ONGC to appeal against Gujarat High Court orderThe Gujarat High Court had last week directed ONGC to pay royalty on crude oil on the gross price it bills to refiners.
- ONGC may have to pay crores in extra royalty to centre, statesCourt has ruled that ONGC should pay an additional royalty of Rs 8,000 cr to Guj upon calculating the levy on the basis of the market price...
- Gujarat High Court asks ONGC to pay royalty dues worth Rs 5,000-6,000 crore to state governmentGujarat HC directed ONGC to pay dues worth Rs 5,000 crore to Rs 6,000 crore to state government towards differences in royalty of crude the...
- Royalty on indigenous crude hikedThe Cabinet on Tuesday night hiked the royalty on indigenous crude oil to 20 per cent from the existing 12.5 per cent at present.
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