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Oil minister Dharmendra Pradhan on Sunday inaugurated Pradhan Mantri Ujjwala Yojana here on Sunday.

Govt offers incentives to state-owned oil and gas firms

Pradhan said the government also decided to give tax exemption on capital spending on oil and gas blocks given before...

18 July 2018 6:44 PM IST

Finance minister Nirmala Sitharaman

Cabinet approves strategic sale of govt stake in BPCL, 4 others

The government currently holds 54.80 per cent in Concor.

21 Nov 2019 12:01 AM IST

ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

India raises gas price for April-September by about 10 pct to USD...

The government will formally announce the revised prices later on Friday, the source said.

29 March 2019 2:43 PM IST

Oil and Natural Gas Corp (ONGC) has become Indias first company to hold a meeting of its Board of Directors at high sea. (File Photo)

ONGC, OIL face risk of subsidy sharing, says Moody's

This subsidy sharing ended in June 2015 with global oil prices plummeting.

22 May 2018 12:02 PM IST

State-run Oil India Ltd (OIL) will seek shareholders approval to raise Rs 7,000 crore through bonds.

OIL waits for shareholders' nod to raise Rs 7K crore via bonds

OIL intends to raise the amount through issue of redeemable non-convertible debentures/bonds on private placement basis.

26 Aug 2017 8:41 PM IST

The move would free private players Essar Oil and RIL, which currently follow the price set by state-owned companies, to also shift to a dynamic model.

OIL profit dips 96 pc on royalty payments, lower gas price

Company will invest Rs 4,290 crore in current fiscal as against a capex of Rs 4,336 crore in the previous year.

30 May 2017 9:55 AM IST

ONGC may buy all of the governments 51.11 per cent stake in HPCL

Oil Min forms committees to monitor ONGC and OIL performance

These 'super-boards' will monitor performance of areas given to ONGC and Oil India Ltd on nomination basis.

5 Jun 2017 4:36 PM IST