Page 38 - Ongc

Trading opportunity in energy sector

Traders can benefit from price volatility in the months to come

Sensex rallies 743 pts as Jio joins FB's friend list; RIL top performer

Facebook announced an investment of $5.7 billion (Rs 43,574 crore) to buy a 10 per cent stake in Jio Platforms

At the heart of a crisis

Let's rejoice in the fact that India's heart is in the right place

ONGC gas output drops 15% as factories shut operations in virus lockdown

The customers refusing gas supplies are mostly small companies whose business has been completely shut because of the lockdown, and city gas distributors who have seen volumes vanish after CNG vehicle

ONGC asks govt to cut cess, royalty, free gas price to help company survive

The fall in international oil prices and natural gas prices falling to a decade low of $ 2.39 per million BTU is threatening to push the firm into making cash-losses on a monthly basis

Coronavirus impact: ONGC to lose Rs 4,000 crore with the new gas price

For every $1 dollar change, the company's revenues are impacted by Rs 4,400-4,500 crore annually.

Use of Force Majeure Clause by GAIL, IOC expected to end in disputes

Force majeure is a part of contracts in India, where companies will be excused from paying penalties for non-performance, in case of an unforeseen event outside their control.

Natural gas prices cut by steep 26%, makes huge dent in ONGC revenues

The price of gas produced from difficult fields such as deepsea too has been cut to $5.61 from $8.43 per mmBtu now.

ONGC, Oil India stare at steep earnings cut as crude price crashes

Covid-19 onslaught on crude oil prices to impact profitability of the two oil producers severely; analysts cut ONGC's FY21 earning estimate by 70 per cent

Indian LNG importers issue force majeure notices as gas demand slumps

Top gas importer Petronet LNG has served a force majeure notice on Qatargas and is seeking delayed delivery of cargoes.

India's oil production in February dips 6.4% on lower private sector output

ONGC reported a 4.64% rise in production at 1.67 million tonnes as output from its offshore fields saw a pick-up

Market Wrap, March 20: Sensex jumps 1,628 pts, Nifty ends at 8,745

HDFC Bank slipped over 1 per cent to Rs 882 after global brokerage house Bernstein downgraded the stock to 'unerperform' and sharply slashed the target price to Rs 750 from Rs 1,400 earlier

Tata Steel, ONGC: Stocks that have suffered the most in the market meltdown

While the Indian equities were isolated from the global rout till early February, the downfall began when the virus began to spread outside mainland China, its originating country.

After coronavirus, it's a crude shock: Markets see worst rout in 5 years

The Indian markets suffered their worst single-day rout in five years, with the benchmark indices falling 1,942 points and the rupee breaching 74 against the dollar.

Oil price crash could help India's economy but will hurt country's OMCs

If the prices of oil threaten to remain at such low levels, both government-run ONGC and Oil India as well as private sector RIL-BP or Vedanta could find it extremely unprofitable to dig more fields

Lower crude regime to impact upstream companies, dampen capex plans

Firms fear huge impact on top lines, say investments in oil and gas sector will be affected

Top business headlines: ONGC m-cap plunges, crude oil dives, and more

Indian stocks on Monday recorded their worst single-day fall in more than four years, tracking global markets.

Bloodbath on Dalal Street today: 8 things investors must know

Indices see biggest 1-day fall ever in absolute terms, here are the eight major things about the selloff across global markets

ONGC's m-cap slips below Rs 1 trn-mark after 15 years on oil price crash

A sharp decline in market price of state-owned company pushed the company's market capitalisation (market-cap) below Rs 1 trillion-mark for the first time since August 2004.

From arbitration to ONGC's customs refund, here're the key court orders

An arbitration which was caught in legal knots for 12 years will start now after the Division Bench of the Bombay high court set aside the order of the single judge bench.