As the benchmark BSE Sensex rose sharply by 858 points last week, nine of the top 10 most valued companies saw a combined addition of Rs 80,086.27 crore in market capitalisation, with ONGC grabbing the biggest gain.
State-owned oil producers ONGC and Oil India as well as private sector player Cairn India have asked the government to cut cess on crude oil they have to pay in view of slump in prices.
State-owned Oil and Natural Gas Corp (ONGC) today agreed to buy 15 per cent stake in Russia's second biggest oil field of Vankor from Rosneft for $1.268 billion, its fourth biggest acquisition ever.
The Cabinet today approved auction of 69 small and marginal oil fields of state-owned ONGC and Oil India to private and foreign firms as a precursor to a full fledged licensing round.
State-owned Oil and Natural Gas Corp (ONGC) today said it has received a one-year extension to explore in a Vietnam oil block in the contested waters of the South China
State explorer Oil and Natural Gas Corp reported a 14 per cent jump in quarterly net profit, as it significantly cut discounts on crude oil to refiners after global oil
After arresting a seven-year decline in crude oil production, state-owned Oil and Natural Gas Corp (ONGC) will see an 11 per cent rise in output over the next three years
The government plans to sell 3 per cent stake in state-owned gas utility GAIL India which could fetch over Rs 1,300 crore to the exchequer.
Finance Ministry has moved a
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William D. Green
Chairman & CEO, Accenture