May 03, 2017 09:59 AM IST
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).
- Apr 19, 2017 11:23 AM IST
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.
- Mar 02, 2017 12:40 PM IST
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.
- Feb 21, 2017 11:47 AM IST
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.
- Dec 02, 2016 10:40 AM IST
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.
- Sep 07, 2016 08:52 AM IST
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.
- Jul 19, 2016 01:23 PM IST
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.
- Jul 08, 2016 08:53 AM IST
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.
- Mar 18, 2016 10:05 AM IST
P Balasubramanian, Director-Finance, BPCL says impact of a rise in oil prices will be very small on the margin.
- Mar 11, 2016 11:58 AM IST
As for the impact on Oil India from the new policies, UP Singh, CMD of Oil India and additional secretary â€“ Exploration, Ministry of Petroleum and Natural Gas says, it will not be directly beneficial as the company does not currently have any undeveloped discoveries.
- Mar 02, 2016 12:02 PM IST
Mayank Asher, CEO of Cairn India says that 20 percent ad valorem cess will bring slight relief for energy companies.
- Oct 01, 2015 10:32 AM IST
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
- Sep 03, 2015 03:00 PM IST
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.
- May 29, 2015 02:43 PM IST
P ELANGO, MD, HOEC, discusses company's fourth quarter earnings and future outlook.
- Feb 05, 2015 10:36 AM IST
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.
- Oct 14, 2014 11:56 AM IST
The Mumbai-headquartered company currently has a D2H base of around 90 lakh users which is likely to double over the next five years.
- Sep 04, 2014 11:16 AM IST
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.
- Aug 20, 2014 10:57 AM IST
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.
- Mar 06, 2014 01:40 PM IST
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.
- Feb 28, 2014 12:05 PM IST
ONGC is likely to close the year with a cash balance of around Rs 5000 crore.
- Jan 20, 2014 10:10 AM IST
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.
- Jan 20, 2014 09:58 AM IST
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.
- Jan 16, 2014 06:59 PM IST
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.
- Oct 30, 2013 01:00 PM IST
ONGC CMD Sudhir Vasudeva told CNBC-TV18 that the company is in talks with ministries on reduction of subsidy burden.
- Aug 29, 2013 12:21 PM IST
In an interview to CNBC-TV18, RS Sharma, Former Chairman of ONGC spoke about the current environment in the oil and gas space