Tue, Oct 01, 2024
After the centre increased natural gas price, upstream oil majors traded weak to mixed.
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Tue, Aug 13, 2024
Seven firms, including Vodafone Idea and Oil India, would be included in the MSCI India Index effective August 30, 2024, as per the latest index review by MSCI.
Thu, Aug 01, 2024
Oil stock will gain focus in Thursday's session (August 1) as the Centre has taken a call on the windfall taxes and has on Wednesday reduced the windfall tax on domestically produced crude oil to Rs 4,600 per tonne from Rs 7,000 per tonne.
Tue, May 16, 2023
Shares of upstream companies rose up to 4 per cent during Tuesday’s session on the BSE. MRPL and Chennai Petro were up between 3-4 per cent. while ONCG and Oil India shares grew more than 1.5 and 2.5 per cent, respectively, today.
Tue, May 02, 2023
Of 15 stocks in Nifty Oil & Gas, 13 rallied and two (Gujarat Gas and Indraprastha Gas) were flat with negative bias in the early morning session today. Oil and Natural Gas Corporation shares were among the top Nifty50 gainers today, up more than 2.5 per cent on the NSE.
Wed, Apr 19, 2023
Earlier today, the government reimposed a windfall tax of Rs 6,400 on domestically produced crude oil applicable from April 19, 2023. It scrapped the export duty on diesel and the windfall tax on petrol and aviation turbine fuel (ATF) continues to be zero.
Mon, Apr 10, 2023
Shares of Mahanagar Gas Ltd (MGL), Petronet LNG, Gujarat Gas, Oil India, Oil and Natural Gas Corp (ONGC) and GAIL (India) rose on Monday as Dalal Street turned bullish on gas distribution companies.
Tue, Apr 04, 2023
The government has cut the windfall profit tax on domestically produced crude oil to zero and halved the levy on the export of diesel to Rs 0.50 per litre in line with softening international oil prices, according to an official order.
Mon, Apr 03, 2023
Most energy stocks such as Oil and Natural Gas Corporation (ONGC), Oil India Limited (OIL), Mangalore Refinery & Petrochemicals (MRPL), and Chennai Petroleum Corporation were in demand during Monday's trading session on the exchanges.
Trading ideas for April 3: In this edition of Traders' Diary, the Zee Business research team shares exclusive research on 20 stocks that investors and traders can track on Monday. Check out which stocks are on analysts Kushal Gupta and Arman Nahar's radar, and what they recommend in cash and derivative segments.
Tue, Mar 21, 2023
Energy stocks such as Oil and Natural Gas Corporation (ONGC), Oil India and GAIL traded in red on Tuesday, even after the government lowered a windfall tax cut on domestically-produced crude oil by 20.5 per cent to Rs 3,500 per tonne.
Mon, Mar 06, 2023
Oil & Gas companies such as Oil and Natural Gas Corporation (ONGC), Oil India Limited (OIL), Mangalore Refinery & Petrochemicals (MRPL), Chennai Petroleum Corporation and Reliance Industries were in the green on the exchanges during the early morning session on Monday.
Wed, Feb 22, 2023
As Dalal Street enters the Feb 22 session, one day ahead of the monthly F&O expiry, here's a look at what brokerages make of some of the key stocks in focus on Dalal Street.
Mon, Feb 13, 2023
Oil India share price: The company's net profit of Rs 1,746.10 crore in October-December of FY23 as compared with Rs 1,244.90 crore in the same period a year ago.
Sun, Feb 12, 2023
Oil India Dividend Record Date 2023: Second interim dividend is in addition to the first interim dividend of Rs 4.50 per share declared earlier. The total interim dividend paid during the year is Rs 14.50 per share.
Fri, Feb 10, 2023
Discussions are on with foreign companies to increase production, partnership on technology is possible soon: Dr Ranjit Rat , CMD, Oil India. Watch Ambarish Pandey's exclusive interview with Dr Ranjit Rat, CMD, Oil India.
Tue, Jan 17, 2023
The Centre cut windfall tax on crude to Rs 1,900 ($23.28) per tonne from Rs 2,100 per tonne, effective January 17.
Fri, Dec 02, 2022
The rise in the energy stocks (upstream companies) could mainly be attributed to the government’s move to cut the windfall profit tax on domestically produced crude oil.
Tue, Nov 29, 2022
A government-appointed gas price review panel, led by Kirit Parikh, is recommending a floor and ceiling price for natural gas produced from legacy fields of state-owned firms for five years to help moderate CNG and piped cooking gas rates
Mon, Oct 03, 2022
Shares of Oil and Natural Gas Corporation, Oil India, Mangalore Refinery & Petrochemicals, and Chennai Petroleum Corporation--zoomed up to 9.5% on the BSE intraday on Oct 3 as the government cut windfall profit tax on domestic crude oil.
The government on Saturday slashed the windfall profit tax on locally produced crude oil and diesel, in line with a fall in international rates.
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
Wed, Aug 24, 2022
Global benchmark Brent crude settled at $100.22 a barrel, up $3.74, or 3.9%. US West Texas Intermediate crude closed $3.38, or 3.7%, higher at $93.74 a barrel.
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