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Global brokerages raise target price on few oil & gas stocks; expect strong performance ahead

Global brokerages raise target price on few oil & gas stocks; expect strong performance ahead

Fri, Jan 05, 2024

Citi has also increased its target price on Gujarat Gas, Indraprastha Gas, and Mahanagar Gas.

EU agrees law to hit fossil fuel imports with methane emissions limit

EU agrees law to hit fossil fuel imports with methane emissions limit

Wed, Nov 15, 2023

The law will now be put to the European Parliament and EU countries for final approval. That step is usually a formality that waves through pre-agreed deals.

UK to grant hundreds of new oil and gas licenses, ignoring calls from environmentalists

UK to grant hundreds of new oil and gas licenses, ignoring calls from environmentalists

Mon, Jul 31, 2023

Britain said on Monday it will grant hundreds of new oil and gas licenses in the North Sea in a bid for energy independence, ignoring calls from the environmental campaigners and the United Nations to stop the development of new fossil fuel projects.

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ONGC, Oil India share price: Why CLSA believes both these stocks may surge up to 50% — know details

ONGC, Oil India share price: Why CLSA believes both these stocks may surge up to 50% — know details

Mon, Sep 19, 2022

ONGC, Oil India share price: On the back of multiple triggers, global brokerage house CLSA believes that the oil exploration and production companies Oil and Natural Gas Corporation (ONGC) and Oil India shares have a potential to grow around 40-50 per cent with both the stocks being a top Buy fro

Q1FY23 review: Corporate earnings miss after several quarters; auto, oil & gas drag – details

Q1FY23 review: Corporate earnings miss after several quarters; auto, oil & gas drag – details

Mon, Aug 22, 2022

As the benefit of the recent moderation in commodity cost starts to accrue in the second half of FY23E, Motilal Oswal expects other sectors like Consumer, Autos, and Cement to contribute too.

Nifty50 may surge 18% on back of earnings growth in Financials, Oil & Gas and Auto in FY23, says Motilal Oswal; cites these reasons

Nifty50 may surge 18% on back of earnings growth in Financials, Oil & Gas and Auto in FY23, says Motilal Oswal; cites these reasons

Mon, Jul 11, 2022

The brokerage expects the results of the first quarter in the financial year 2022-23 would grow by 21 per cent, it added that the key drivers would be BFSI, Oil & Gas, and Auto.

PM Johnson: UK hopes to clinch Indian free trade deal by year-end

PM Johnson: UK hopes to clinch Indian free trade deal by year-end

Thu, Apr 21, 2022

"We`re hoping to complete another free trade agreement with India by the end of the year, by the autumn," Johnson told reporters in India`s western state of Gujarat during the start of his two-day visit to the country.

Government sets up committee for stable gas price for power units: Oil Secretary

Government sets up committee for stable gas price for power units: Oil Secretary

Thu, Nov 25, 2021

The government has set up a committee to work out measures need to make natural gas available to power plants at "reasonably stable prices", Oil Secretary Tarun Kapoor said on Thursday

Small oil-and-gas companies get cold shoulder from large banks

Small oil-and-gas companies get cold shoulder from large banks

Mon, Oct 28, 2019

"Some banks believe they have too much energy exposure and want to reduce some of this risk," said Ian Rainbolt, vice president of finance at Warwick Energy, a private equity firm with upstream investments in Oklahoma and Texas.

Govt reverts back to old system of awarding oil and gas blocks

Govt reverts back to old system of awarding oil and gas blocks

Tue, Feb 19, 2019

The government Tuesday approved new rules for bidding out oil and gas blocks as it reverted back to a two-decade old system of awarding areas based on exploration work commitment, granted marketing and pricing freedom.

All households to soon have clean cooking fuel: Dharmendra Pradhan

All households to soon have clean cooking fuel: Dharmendra Pradhan

Sun, Feb 10, 2019

The increase in coverage has been credited to the Pradhan Mantri Ujjwala Yojana (PMUY), which provides free cooking gas (LPG) connection to the poor. Under PMUY, about 6.4 crore connections have been provided since the launch of the scheme on May 1, 2016, Oil Minister Dharmendra Pradhan said Sunday

Budget 2019: LPG subsidy, LNG imports, jet fuel, gas connections and many more - Demands from the oil and gas sector

Budget 2019: LPG subsidy, LNG imports, jet fuel, gas connections and many more - Demands from the oil and gas sector

Tue, Jan 29, 2019

This time major reforms are expected in the oil and gas sector from NDA government, considering 80% of India’s import depends on this segment.

Expectations for India's 2018-19 budget

Expectations for India's 2018-19 budget

Tue, Jan 30, 2018

India`s government will unveil its budget for the 2018/19 fiscal year on Thursday, with investors expecting increased investment in key areas such as agriculture and a slew of incentives for businesses.

Global cues, buying support lift equity indices to new highs

Global cues, buying support lift equity indices to new highs

Fri, Jan 12, 2018

Key Indian equity indices on Friday provisionally closed at fresh highs riding on broadly positive global cues, along with buying support from oil and gas, banking and capital goods stocks.

A final check: How GST impacts your toothpaste to your car purchase

A final check: How GST impacts your toothpaste to your car purchase

Fri, Jun 30, 2017

With the GST rollout at the stroke of midnight tonight here is how it will impact your business, industry and even your household finances.

Did you notice your petrol, diesel prices have come down by over Rs 4 in the past 10 days?

Did you notice your petrol, diesel prices have come down by over Rs 4 in the past 10 days?

Tue, Jun 27, 2017

Petrol and diesel prices has come down by over 4% in four metro cities since the time state-owned oil companies decided to revise prices daily.

Russia's Rosneft CEO says takeover of India's Essar is closed

Russia's Rosneft CEO says takeover of India's Essar is closed

Thu, Jun 22, 2017

The deal, where Rosneft will hold a 49 percent stake, will allow the Russian company to increase oil refining output by 20 percent this year.

Check daily change of your petrol and diesel prices here

Check daily change of your petrol and diesel prices here

Tue, Jun 20, 2017

From June 16, 2016, petrol and diesel prices are undergoing daily revision.

Check your daily change in petrol, diesel prices here

Check your daily change in petrol, diesel prices here

Tue, Jun 20, 2017

From now onwards, you will see daily revision in your petrol and diesel prices. We at ZeeBiz, daily update on your petrol and diesel prices would be.

Check daily changes to your petrol, diesel prices here

Check daily changes to your petrol, diesel prices here

Mon, Jun 19, 2017

On June 19, 2017, petrol prices were slashed between Rs 21 - 28 paise and that of diesel price were changed by Rs 13 - 17 paise in four metro cities.

Daily revision: Petrol price cut by Rs 1.12 per litre, diesel by Rs 1.24

Daily revision: Petrol price cut by Rs 1.12 per litre, diesel by Rs 1.24

Thu, Jun 15, 2017

Prices of petrol has been decreased by Rs 1.12 per litre excluding state levies, while diesel prices have brought down by Rs 1.24 per litre excluding state levies.

Reliance Industries, BP to invest Rs 40,000 crore in R-series gas field in India

Reliance Industries, BP to invest Rs 40,000 crore in R-series gas field in India

Thu, Jun 15, 2017

Ambani said, "At Reliance, we are all very proud with partnership with BP Plc. In addition, RIL and BP will invest after a span of many years, Rs 40,000 crore of new investment in the next 5 years."

Reliance Industries, BP joins hands to set up fuel pumps in India?

Reliance Industries, BP joins hands to set up fuel pumps in India?

Thu, Jun 15, 2017

Reliance Industries Chairman Mukesh Ambani and BP's chief executive Bob Dudley will be addressing the media at 5.30 pm on June 15, 2017 to possibly announce a joint fuel pump business.

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