Tue, Jan 02, 2024
The government increased windfall gain tax on domestic crude oil exports from Rs 1300 per tonne to Rs 2300 per tonne. The additional export duty on diesel and ATF has also been reduced to zero.
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Wed, Aug 16, 2023
While the share of ONGC was down 0.31 per cent to Rs 177.45, the share of Oil India was up 1.09 per cent to Rs 282.25.
Fri, Aug 11, 2023
State-run oil and gas explorer ONGC reported a standalone net profit of Rs 10,015 crore for the quarter ended June 30, almost in line with analysts' estimates.
Wed, Aug 09, 2023
Oil India shares traded under pressure after the state-run upstream oil company reported a 49.1 per cent year-on-year fall in its quarterly net profit.
Tue, Aug 01, 2023
While ONGC shares were down 0.68 per cent, Oil India shares declined 0.22 per cent in early trade.
Fri, Jul 28, 2023
State-run oil marketing company Indian Oil Corp (IOC) reported a set of quarterly numbers that exceeded analysts' estimates. IOC shares, however, slipped into the red after the earnings announcement.
Mon, May 22, 2023
ONGC Q4 results preview: State-run petroleum giant ONGC is likely to report a 2.2 per cent sequential drop in net profit for the quarter ended March 2023 owing to the government's windfall tax on domestic oil production.
Thu, Jan 26, 2023
GAIL Q3 Results Preview: India's largest gas distributor by sales is slated to report its financial results for the October-December 2022 period on January 30. GAIL is likely to report a quarter-on-quarter fall of 29.4 per cent in net profit to Rs 1,085 crore for the three-months to December 31, according to Zee Business research.
Thu, Dec 08, 2022
Oil stocks: The performance of the marketing segment will improve significantly owing to lower losses on the diesel front, the brokerage further said.
Thu, Nov 18, 2021
The Biden administration has asked some of the world`s largest oil consuming nations - including China, India and Japan - to consider releasing crude stockpiles in a coordinated effort to lower global energy prices
Thu, Oct 11, 2018
There was a sudden dip in faith when it came to investing in oil & gas companies, after all it was just last week only when major OMCs touched a new low.
Fri, Oct 05, 2018
The S&P BSE Oil & Gas has plunged by nearly 1900 points so far, however, at around 10:46 hours, the index was trading at 12,572.19 down 1335.08 points or 9.60%.
Tue, Jun 14, 2016
A huge overhang in oil stocks lingering across the world will keep a cap on any further oil price rises, the IEA said on Tuesday, even as supply and demand move towards balance by the end of the year.
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