Tue, Mar 12, 2024
GAIL India share price target: Morgan Stanley has maintained an overweight call State-run natural gas major GAIL. The brokerage has raised the target to Rs 213 from Rs 195 on the PSU stock.
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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.
Sat, Jun 25, 2022
Despite the recent wave of corrections, brokerage firm Sharekhan is bullish on Oil & Gas and Power sectors. Sustained high inflation and accelerated rate hikes heighten investors’ fears on a potential recession in the US, it said.
Tue, Jan 16, 2018
Petrol and diesel are the mainstay for Oil Marketing Companies (OMCs), accounting for about 51% of the total petroleum product consumption in India as of FY17.
Sun, Aug 06, 2017
GAIL says its pipeline would cost Rs 85.36 crore while GSPL India Transco Ltd's pipeline would cost Rs 250 crore.
Wed, Jul 19, 2017
Post ONGC buying government stake, HPCL will become subsidiary of India's largest oil producer but its board will continue to be in place.
Tue, May 23, 2017
Royal Dutch Shell, Europe's largest oil firm, and French energy major Engie have exited a floating LNG import terminal project at Kakinada in Andhra Pradesh over concerns about demand for imported gas in India.
Thu, Nov 03, 2016
In H1FY17, the company had recorded EBIT losses of Rs 8 billion as compared to Rs 7.9 billion in H1FY16.
Wed, Sep 21, 2016
Most of the NOCs reported poor financial result for the first half or first quarter ended on June 30 due to a fall in average oil and gas prices from a year ago.
Tue, Sep 13, 2016
The OMCs aim is to improve refining complexity and meet new fuel standards.
Sun, Aug 14, 2016
ONGC also operates North Karanpura block and Raniganj North CBM block in West Bengal.
Mon, Aug 08, 2016
The report said, "ONGC has borne a subsidy burden of $56 per barrel of its total production of crude oil."
Fri, Aug 05, 2016
The total income of the company declined from Rs 1215.9 crore in Q1FY16 to Rs 982.6 crore in Q1FY17.
Tue, Apr 26, 2016
"Market fundamentals continue to suggest that the combination of robust demand and weak supply growth will move global oil markets closer into balance by the end of the year," Dudley said in the results statement.
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