Govt cuts windfall tax on crude oil, ONGC, OIL India Ltd to gain

New Delhi, May 1 (IANS) The Government has cut the windfall tax on crude oil to Rs 8,400 a metric ton from Rs 9,600 with effect from Wednesday as part of its fortnightly revision.Advertising AdvertisingUpstream oil exploration and production companies ONGC and Oil India Ltd stand to gain as they will have to pay a lower tax on their crude.The reduction in the windfall tax has been announced in view of the decline in crude oil prices in the market which means the…
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Source: https://m.sakshipost.com/amp/news/govt-cuts-windfall-tax-crude-oil-ongc-oil-india-ltd-gain-294365

Commissioning of India’s Chhara LNG terminal delayed

India’s Hindustan Petroleum, a unit of state-owned ONGC, has reportedly delayed the commissioning of its Chhara LNG import terminal in Gujarat.
LNG Prime reported on April 15, citing shipping data, that the 2015-built 159,800-cbm, Maran Gas Mystras, has arrived at the 5 mtpa LNG terminal in the Chhara port on April 11.
Prior to that, Maran Gas Mystras picked up a cargo of LNG at Marathon Oil’s Punta Europa LNG terminal in Equatorial Guinea.
However, the LNG carrier did not unload this…
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Source: https://lngprime.com/asia/commissioning-of-indias-chhara-lng-terminal-delayed/111095/

6 large-cap oil and gas stocks with up to 108% return in 1 year ,Stocks News, Business News

Oil and gas sector represents some of the largest companies in India. These companies are either produce or market oil. The main index that represents oil and gas companies in India is Nifty Oil and Gas index (NIFOILGAS). The index has jumped by 57.86 per cent in the one-year period to 11,826.50 from 7,491.80. Along with its rise, many oil and company stocks have also performed well. Here are the 6 large-cap oil and gas stocks that have jumped up to 108% in the last 1 year.
Photos:…
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Source: https://www.zeebiz.com/markets/stocks/photo-gallery-6-oil-and-gas-stocks-with-up-to-108-return-in-1-year-nifty-bse-ongc-iocl-bpcl-hpcl-linde-gail-india-share-price-287527/amp

Govt cuts windfall tax on crude oil, ONGC, OIL India Ltd to gain

New Delhi, May 1 (IANS) The Government has cut the windfall tax on crude oil to Rs 8,400 a metric ton from Rs 9,600 with effect from Wednesday as part of its fortnightly revision.
Upstream oil exploration and production companies ONGC and Oil India Ltd stand to gain as they will have to pay a lower tax on their crude.
The reduction in the windfall tax has been announced in view of the decline in crude oil prices in the market which means the upstream oil companies are not making as much…
Read More…

Source: https://www.sarkaritel.com/govt-cuts-windfall-tax-on-crude-oil-ongc-oil-india-ltd-to-gain/

Pipeline Burst: ONGC pipeline bursts at Charaideo, gas leak causes panic | Guwahati News

Dibrugarh: An underground gas pipeline of Oil and Natural Gas Corporation (ONGC) ruptured at Sonari in Charaideo district on Tuesday, leading to a major gas leakage in the area. The incident caused panic among the local residents, who fear a potential fire outbreak if the gas is not contained.According to locals, the pipeline ruptured around 8.30 am near a river bridge on Tuesday. “We heard a loud noise and saw smoke coming from the ground. We immediately knew something was wrong and…
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Source: https://timesofindia.indiatimes.com/city/guwahati/ongc-pipeline-bursts-at-charaideo-gas-leak-causes-panic/amp_articleshow/109741806.cms

Oil And Natural Gas Corporation Share Price Live Updates: Oil And Natural Gas Corporation Sees Slight Price Increase Today, Reports Strong 3-Year Returns

Oil And Natural Gas Corporation is currently trading at a price of 285.4 Rs, showing a modest increase of 0.78% today. Over the past three years, the stock has delivered impressive returns of 175.19%. Investors are closely monitoring the company’s performance amidst market fluctuations.(You can now subscribe to our ETMarkets WhatsApp channel)
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Source: https://m.economictimes.com/markets/stocks/stock-liveblog/oil-and-natural-gas-corporation-share-price-live-updates-30-apr-2024/oil-and-natural-gas-corporation-share-price-live-updates-oil-and-natural-gas-corporation-sees-slight-price-increase-today-reports-strong-3-year-returns/amp_articleshow/109719234.cms?articleno=3

Oil And Natural Gas Corporation Share Price Updates: Oil And Natural Gas Corporation Closes at Rs 283.0 with a 0.08% Decline Today

06:02:07 PM IST, 30 April 2024Oil And Natural Gas Corporation Share Price Updates: Oil And Natural Gas Corporation Stock Price History04:04:48 PM IST, 30 April 2024Oil And Natural Gas Corporation Share Price Updates: Oil And Natural Gas Corporation Bonus Updates03:33:14 PM IST, 30 April 2024Oil And Natural Gas Corporation Share Price Updates: Oil And Natural Gas Corporation Closes at Rs 283.0 with a 0.08% Decline TodayOil And Natural Gas Corporation closed at a price of Rs 283.0,…
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Source: https://economictimes.indiatimes.com/markets/stocks/stock-liveblog/oil-and-natural-gas-corporation-share-price-live-updates-30-apr-2024/amp_liveblog/109710076.cms

Ongc share price Today Live Updates : ONGC Stock Slips in Today’s Trading

Ongc Share Price Today : On the last day of trading, ONGC’s open price was ₹284.3, closing at ₹282.85. The stock reached a high of ₹285.2 and a low of ₹282.1. The market capitalization stood at ₹356,336.41 crore. The 52-week high for ONGC was ₹292.45, while the low was ₹150.7. The BSE volume for the day was 297,198 shares traded.Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.


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Source: https://www.livemint.com/market/live-blog/ongc-share-price-today-latest-live-updates-on-30-apr-2024/amp-11714444404323.html

Oil And Natural Gas Corporation Share Price Updates: Oil And Natural Gas Corporation Shows Resilience with Marginal Price Increase and Strong 5-Year Returns

04:02:27 PM IST, 29 April 2024Oil And Natural Gas Corporation Share Price Updates: Oil And Natural Gas Corporation Bonus Updates03:39:24 PM IST, 29 April 2024Oil And Natural Gas Corporation Share Price Updates: Oil And Natural Gas Corporation Sees Marginal Gain, Closes at Rs 283.5Oil And Natural Gas Corporation closed at a price of Rs 283.5, marking a slight increase of 0.22% for the day.03:26:07 PM IST, 29 April 2024Oil And Natural Gas Corporation Share Price Updates: Oil And Natural Gas…
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Source: https://economictimes.indiatimes.com/markets/stocks/stock-liveblog/oil-and-natural-gas-corporation-share-price-live-updates-29-apr-2024/amp_liveblog/109676848.cms