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Ongc: Crude prices have fallen more than 35% from their peak in the September quarter last year amid economic uncertainties and easing concerns over supply. The company s profit fell to 102.16 billion Indian rupees ($1.23 billion) for the quarter ended Sept. 30, compared with 128.26 billion rupees a year earlier. ....
Oil and Natural Gas Corp (ONGC) is aiming to reclaim more than $500 million in dividends that have been outstanding since 2014 for its stake in Venezuelan projects. This move comes as sanctions on Venezuela have been eased, and the Biden administration recently lifted restrictions on the nation s oil sector following a political deal for the 2024 election. ....
India s Oil and Natural Gas Corp hopes to recover over $500 million in dividends pending since 2014 for its stake in Venezuelan projects as sanctions on the nation were eased, a source said on Thursday. ....
Oil and Natural Gas Corp (ONGC) is keen on exploring oil and gas reserves in Sri Lanka, said a company executive on Wednesday. Rajarshi Gupta, the managing director of ONGC Videsh, disclosed that the company is eagerly anticipating the release of Sri Lanka s strategic plan for the oil and gas sector, often referred to as the "roadmap," which would guide their future actions in the region. ....
The Nifty 50 net gained about 2% in the current quarter, compared to the 10% gains it clocked in the June quarter. Nine of its 50 constituents gave 10-26% returns in the September quarter. Of these 9 constituents, three are public sector companies. The nine stocks are Coal India, NTPC, Larsen & Toubro, Oil and Natural Gas Corp, Cipla, Tata Steel, Adani Ports and Special Economic Zone, Hindalco Industries, and Grasim Industries. ....