crude oil production
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November 27, 2020, Friday
Core sector shrinks eighth month in row, sharper sequentially in October
Contraction due to decline in production of crude oil, natural gas, refinery products and steel
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September 14, 2020, Monday
BP says era of oil-demand growth over, may not return to pre-Covid levels
The UK giant is describing a different future, where oil's supremacy is challenged, and ultimately fades
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September 01, 2020, Tuesday
ONGC pre-tax profit down 82% to Rs 2,012 cr in Q1 on low crude, gas prices
Gross revenue for the quarter at Rs 62,496 crore, down 43% from Rs 1,09,546 crore during the first quarter of FY20
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August 10, 2020, Monday
Saudi Aramco to go ahead with plans to boost oil output capacity, says CEO
The oil company will boost outpur capacity by 1 million barrels per day (bpd) to 13 million bpd despite spending cuts this year ...
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July 02, 2020, Thursday
Limited gains for ONGC as coronavirus crisis, oil price spat continue
Analysts feel company's stock is already discounting crude price recovering to $48/barrel.
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July 02, 2020, Thursday
Opec cuts output to lowest since 1991 as coronavirus slams oil demand
The Organization of Petroleum Exporting Countries cut production by 1.93 million barrels a day to 22.69 million a day last month, ...
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June 22, 2020, Monday
54 employees test positive, ONGC halts operations at two drilling rigs
A company official said work stopped temporarily only at two rigs and the remaining 34 in the offshore were operational. He added ...
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June 20, 2020, Saturday
Assam well fire: Over 7,600 MT crude oil production lost due to blockades
Locals said the fire had left a trail of devastation in the adjoining areas, including a famous lake; Farms with standing crops ...
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June 03, 2020, Wednesday
Oil pips $40 for first time since March on OPEC cuts, demand recovery seen
Brent has more than doubled after hitting a 21-year low below $16 in April, when U.S. crude went negative
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May 23, 2020, Saturday
April refinery output down 29%, natural gas falls 19% as consumption tapers
Industry experts say consumption of petroleum products in April was only 30-40% of what it had been prior to lockdown
