India's end-use energy consumption to grow 90% by 2050: Rosneft CEO - Industry News financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Capex spending of oil & gas PSUs at Rs 6,669 cr in April financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
ONGC's high investments to delay deleveraging: S&P dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.
ONGC's High Investments To Delay Deleveraging: S&P news18.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news18.com Daily Mail and Mail on Sunday newspapers.
S&P Global Ratings stated that increased investments by Oil and Natural Gas Corp (ONGC) will slow its deleveraging over the next 12-24 months, affecting its bbb+ standalone credit profile. Despite a 2-3% drop in domestic production and lower realizations in FY2024, ONGC s EBITDA rose to Rs 1.1 lakh crore due to strong performance from subsidiaries MRPL and HPCL. S&P forecasts EBITDA to remain around Rs 1 lakh crore for FY2025 and FY2026, supported by increased production from the Krishna Godavari basin and international assets.