The company's revenue from operations declined by 7 per cent to Rs 104,489 crore for the period under review, compared to Rs 112,539 crore in Q4FY19.
Earlier this month, the state-run company said it was looking at opportunities for optimising its capital and operational expenditures.
A company official said work stopped temporarily only at two rigs and the remaining 34 in the offshore were operational. He added there was no impact on the company's production.
As many as 54 offshore employees tested positive for coronavirus and one died
The PSU also said that it is making efforts to get the taxes and duties rationalised due to the severe impact caused by the pandemic
As per monthly option data, a handful of put writing on higher strikes ranging from 9,900 to 10,200 is seen which shows Nifty might witness support in subzone of 10,000
In the past decade, total market cap of top 17 PSUs has dropped 41% vis-a-vis a 91% rise in Sensex
Govt must ensure greater transparency in fuel pricing
In Saturday's meeting, the US side shared their experience in dealing with similar gas blowout incidents in the US
The largest domestic oil and gas producer had budgeted a capex of Rs 32,502 crore for the financial year, which has now been cut to around Rs 27,500 crore.
Engineers accompanied by experts from Singapore firm and National Disaster Response Force (NDRF) further intensified their efforts to tame the blaze
IL&FS engages Arpwood Capital and JM Financial for deal; project cost entails debt of Rs 3,035 cr and equity investment of Rs 10,118 cr
Industry experts say consumption of petroleum products in April was only 30-40% of what it had been prior to lockdown
India's crude oil production fell 6.35 per cent to 2.5 million tonnes in April for the same reason
With this tie-up, NTPC can achieve its ambitious target of 32 GW of renewable energy projects by 2032
Industry players say a major drawback of the bid was that ONGC sought partners who could raise output beyond a pre-agreed baseline and would share revenues only for incremental production
The affidavit on the election commission website was filed as part of his nomination for the Legislative Council election
Because of lower oil and gas price environment, there is a need to find ways of attracting investment in exploration and production of oil and gas
According to data from Bloomberg, banks have seen among the sharpest cuts in target prices -- between 16 and 60 per cent.
On Monday, we need to see how our market actually reacts to the US-China trade war reports. If markets don't react like SGX Nifty and shows some buying interest, then bull scenario remains valid