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In June 2015, Oil and Natural Gas Corporation (ONGC) gave a ₹ 27bn ($427m) offshore contract for the Bassein development project to Larsen & Toubro (L&T). [ 17 ] In February 2016, the board of ONGC approved an investment of ₹ 5,050 crore in Tripura for drilling of wells and creation of surface facilities to produce 5.1 million standard ...
On 28 March 2003, ONGC acquired A.V. Birla Group's stake and further infused equity capital of ₹600 crores making MRPL a majority-held subsidiary of ONGC. [ 7 ] [ 5 ] The lenders also agreed to the debt restructuring package (DRP) proposed by ONGC, which included, inter alia , conversion of up to ₹3,65,54,884 of the company's loans into equity.
This is a list of companies listed on the National Stock Exchange of India (NSE). Contents !–9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z !–9 Symbol ...
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The latter included corporate bodies (20%), ONGC (14%), LIC (6%), Foreign portfolio investors (6%), [37] Oil India Limited (5%) and Indian Mutual funds (4%). [38] This was similar to its shareholding in 2017. As of 31 December 2017, the Promoters Government of India held approx. 56.98% of the shares in Indian Oil Corporation. The public held ...
BP PLC (NYSE:BP) shares are trading lower after the company reported fourth-quarter results. Sales and other operating revenues came in at $45.752 billion, missing the consensus of $47.511 billion.
In fact, Waha prices have been negative a record number of times year to date, according to Reuters. At the end of July, Waha gas closed at -$0.845 per million British thermal units and sank as ...
Imperial Energy Corporation produces approximately 80% of its oil from Maiskoye field and 20% from Snezhnoye field in Tomsk region. The company had an extraordinarily high exploration success rate under British management with exploration activity on all blocks, in particular block 80 to the north of the river Ob, where a significant new Cretaceous play was discovered in June 2008.