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ONGC declares results for FY24; posts highest ever standalone net profit of Rs 40,526 crore

ONGC declares results for FY24; posts highest ever standalone net profit of Rs 40,526 crore
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Rising raw material costs hit Indian plastic industry

Raw materials used in manufacturing plastics, such as ethylene and propylene, are primarily sourced from countries with abundant petrochemical resources like Russia, Iran, UAE and Saudi Arabia

ONGC seeks nod to use gas from legacy fields, Auto News, ET Auto

Prices for natural gas produced from the legacy fields of ONGC and Oil India are controlled by the government, which introduced a price band of $4-6.5 per mmbtu for such output in April. The government allocates entire output from these legacy fields to different industries based on a priority ladder it has set.

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