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  • Expect gas and oil production volumes to go up: Oil India May 03, 2017 09:59 AM IST

    Expect gas and oil production volumes to go up: Oil India

    Oil India has made two hydrocarbon discoveries in the upper Assam basin. In an interview to CNBC-TV18, Utpal Bora, Chairman & MD of Oil India spoke about the value of these oil fields and the impact that it will show on profit and loss (P&L).

  • Don't see any hit on profits even if petrol pumps are closed on Sunday: BPCL Apr 19, 2017 11:23 AM IST

    Don't see any hit on profits even if petrol pumps are closed on Sunday: BPCL

    In an interview to CNBC-TV18, P Balasubramanian, Director-Finance at Bharat Petroleum Corporation Ltd (BPCL) spoke about the latest happenings in his company and sector.

  • M&A of oil cos should be a well thought process: Oil India Mar 02, 2017 12:40 PM IST

    M&A of oil cos should be a well thought process: Oil India

    The centre has jumped to the rescue of state-owned oil companies Oil India andONGC, who are liable to pay royalty dues to states of Assam and Gujarat.

  • See royalty payment impact on PAT at Rs 1600-1700 cr: ONGC Feb 21, 2017 11:47 AM IST

    See royalty payment impact on PAT at Rs 1600-1700 cr: ONGC

    ONGC will have to settle dues worth Rs 2500 crore and this could have a Rs 1600-1700- crore impact on profit, says Director-Finance AK Srinivasan.

  • Higher crude prices to improve topline, aid profits growth: ONGC Dec 02, 2016 10:40 AM IST

    Higher crude prices to improve topline, aid profits growth: ONGC

    AK Srinivasan, Director Finance, ONGC told CNBC-TV18 that surge in crude oil prices will aid topline growth. On an annulised basis their revenues would be up by Rs 1000 crore and profits would increase by Rs 425 crore.

  • Oil India confident of meeting FY17 volume target Sep 07, 2016 08:52 AM IST

    Oil India confident of meeting FY17 volume target

    In an interview with CNBC-TV18, Utpal Bora, Chairman and MD of Oil India said that there has been an increase in gas production in the first quarter and expects second quarter revenue to be better than Q1.

  • See 6% hit to Oil India FY18 EPS due to royalty on crude: IDBI Jul 19, 2016 01:23 PM IST

    See 6% hit to Oil India FY18 EPS due to royalty on crude: IDBI

    We expect crude oil prices at USD 60 per barrel in FY18, so this royalty will have a 6 percent impact on the earnings per share (EPS) for Oil India, said Sudeep Anand of IDBI Capital Markets.

  • ONGC Videsh eyes additional 11% stake in Vankor field Jul 08, 2016 08:53 AM IST

    ONGC Videsh eyes additional 11% stake in Vankor field

    ONGC Videsh has acquired 15 percent stake in Vankorneft and is in the process of acquiring another 23.9 percent by consortium led by Oil India, IOC and BPRL, says the company's MD & CEO Narendra K Verma.

  • Aim to improve refining capacity to 40 MT by 2018: BPCL Mar 18, 2016 10:05 AM IST

    Aim to improve refining capacity to 40 MT by 2018: BPCL

    P Balasubramanian, Director-Finance, BPCL says impact of a rise in oil prices will be very small on the margin.

  • Additional Secy-Exploration says no ceiling price put under HELP Mar 11, 2016 11:58 AM IST

    Additional Secy-Exploration says no ceiling price put under HELP

    As for the impact on Oil India from the new policies, UP Singh, CMD of Oil India and additional secretary – Exploration, Ministry of Petroleum and Natural Gas says, it will not be directly beneficial as the company does not currently have any undeveloped discoveries.

  • 20% cess will give slight relief for energy sector: Cairn India Mar 02, 2016 12:02 PM IST

    20% cess will give slight relief for energy sector: Cairn India

    Mayank Asher, CEO of Cairn India says that 20 percent ad valorem cess will bring slight relief for energy companies.

  • Gas price cut: Fertiliser cos gain; ONGC, OIL, GAIL to hurt Oct 01, 2015 10:32 AM IST

    Gas price cut: Fertiliser cos gain; ONGC, OIL, GAIL to hurt

    It will have a positive impact on interest costs as our subsidy comes down to that extent, and also our cash flow for buying raw materials also comes down, Kapil Mehan of Zurai Agro said, adding that it was a marginal positive for the fertiliser industry in general

  • Will complete Oil India project in 6 months: Ujaas Energy Sep 03, 2015 03:00 PM IST

    Will complete Oil India project in 6 months: Ujaas Energy

    Anurag Mundra, Joint Managing Director and CFO, Ujaas Energy said the power plant is of 9 megawatt capacity and will be operational within 6 months.

  • Assam field a 'new growth opportunity': HOEC May 29, 2015 02:43 PM IST

    Assam field a 'new growth opportunity': HOEC

    P ELANGO, MD, HOEC, discusses company's fourth quarter earnings and future outlook.

  • Fix subsidy formula at $65 for project completion: Ex-ONGC Feb 05, 2015 10:36 AM IST

    Fix subsidy formula at $65 for project completion: Ex-ONGC

    The Oil Ministry proposed a new subsidy sharing proposal by which upstream companies ONGC and Oil India would not make any contributions towards subsidy burden if crude prices are at or below USD 60 per barrel.

  • To launch Rs 700 cr D2H IPO in Jan-Feb 2015: Videocon Oct 14, 2014 11:56 AM IST

    To launch Rs 700 cr D2H IPO in Jan-Feb 2015: Videocon

    The Mumbai-headquartered company currently has a D2H base of around 90 lakh users which is likely to double over the next five years.

  • Will diesel price deregulation drive re-rating for OMCs? Sep 04, 2014 11:16 AM IST

    Will diesel price deregulation drive re-rating for OMCs?

    Sudhir Vasudeva, former chairman and managing director of ONGC says cost of gas production needs to be raised from USD 4.4 mmBtu soon. He believes gas pricing is the biggest issue faced by oil and gas companies now and an increase in prices is a must at this point.

  • Gas price to be next big trigger for sector: Moody's Aug 20, 2014 10:57 AM IST

    Gas price to be next big trigger for sector: Moody's

    Credit rating agency Moody's in a recent note has said that it expects credit profile of OMCs to improve over the next 12 months on the back of falling crude prices and subsidy burden.

  • ONGC, Oil India to buy 5% stake each in IOC at Rs 220/share Mar 06, 2014 01:40 PM IST

    ONGC, Oil India to buy 5% stake each in IOC at Rs 220/share

    ONGC will have to shell out a little more than Rs 2,500 crore. Sudhir Vasudeva, former ONGC chairman does not see strain on cash positions on balance sheet post the buy. He believes ONGC will be able to enter FY15 with comfortable cash positions.

  • Not upset by 5% stake sale, IOC always a good buy: ONGC Feb 28, 2014 12:05 PM IST

    Not upset by 5% stake sale, IOC always a good buy: ONGC

    ONGC is likely to close the year with a cash balance of around Rs 5000 crore.

  • IOC buy will leave us with only Rs 2500 cr cash: ONGC exec Jan 20, 2014 10:10 AM IST

    IOC buy will leave us with only Rs 2500 cr cash: ONGC exec

    Following a weak response to the proposed divestment in IOC, and also opposition from the oil ministry on selling stake at depressed valuations, the government has decided to ask state-owned companies ONGC and OIL India to pick up stake in IOC.

  • Move to hike LPG cylinder cap will hit working capital: IOC Jan 20, 2014 09:58 AM IST

    Move to hike LPG cylinder cap will hit working capital: IOC

    Oil minister Veerappa Moily on Friday had said that the cap would be raised. This followed Congress leader Rahul Gandhi‘s speech at the AICC session in which he proposed that the government should raise the cap.

  • No lock-in period for IOC shares, says ONGC CMD Jan 16, 2014 06:59 PM IST

    No lock-in period for IOC shares, says ONGC CMD

    In an interview to CNBC-TV18, Sudhir Vasudeva, CMD, ONGC spoke about the EGoM approving a 10 percent government stake sale in Indian Oil Corp (IOC) to ONGC and OIL and the road ahead.

  • Q2 subsidy burden indicated at over Rs 13,000cr: ONGC Oct 30, 2013 01:00 PM IST

    Q2 subsidy burden indicated at over Rs 13,000cr: ONGC

    ONGC CMD Sudhir Vasudeva told CNBC-TV18 that the company is in talks with ministries on reduction of subsidy burden.

  • Need fortnightly review of diesel prices: RS Sharma Aug 29, 2013 12:21 PM IST

    Need fortnightly review of diesel prices: RS Sharma

    In an interview to CNBC-TV18, RS Sharma, Former Chairman of ONGC spoke about the current environment in the oil and gas space

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