Oil and Natural Gas Corporation (ONGC) reported a 9.9% year-on-year (YoY) decline in consolidated net profit for the quarter ended December 2023 to Rs 10,356 crore, compared to Rs 11,489 crore in the year-ago period.
India Energy Week: The company is also seeking to get the operatorship of its two ongoing projects in Venezuela and invest more in order to increase its production.
Judgments on CPC, Land Acquisition, Motor Accidents Compensation, Railway Accidents Compensation, Maharashtra Village Panchayat Act and Other Civil CasesCivil Procedure Code Opportunity To Examine.
Shares of the state-run explorer jumped as much as 12.4% to a record high of 516.40 rupees on Tuesday. The source said the company was in talks over two blocks in Libya, without giving a timeline for a possible deal.
Finance Minister Sitharaman has deferred the Rs 15,000 crore equity infusion for fuel retailers to support energy transition projects. The budget documents did not provide any funds either in the current fiscal or the next for filling of the strategic reserves.