Indian markets ended weaker, with the Sensex down 0.5 percent at 81,523.16, and the Nifty slipping 0.5 percent to 24,918.45. Here are some stocks that moved the most in trade today.
With crude touching a 14-year high of $139 a barrel, there is talk of a tax on oil and gas producers' unexpected profits
Shares of ONGC and Oil India have outperformed the Nifty 500 index so far in 2021, driven by the strength in crude oil prices
Trends on SGX Nifty indicate a negative opening for the broader index in India, a loss of 71 points or 0.69 percent. Nifty futures were trading around 10,181- level on the Singaporean Exchange.
Sudarshan Sukhani of s2analytics.com suggests buying United Breweries, Pidilite Industries and Britannia Industries and advises selling Idea Cellular and ONGC.
ONGC Videsh Ltd has taken a bridge loan of USD 1.2 billion from a group of foreign banks at a highly competitive rate of about 1.3 percent to fund its acquisition of 15 percent stake in Russia's second biggest oil field of Vankor
Gas from the fields of ONGC that came into production after 2010 are being termed as non-APM gas and GAIL has been since November billing higher marketing margin of Rs 10.21 per mmBtu on such fuel sold to consumers, sources said.
The Gujarat High Court had on November 30 directed ONGC to pay royalty to the state government on the gross bill price of crude oil.
The Gujarat High Court had last week directed ONGC to pay royalty on crude oil on the gross price it bills to refiners. The company currently pays royalty on the net or actual price realised after allowing for fuel subsidy discounts.
Petroliam Nasional Bhd, Malaysia's state-run oil company, has decided to withdraw from the Carabobo-I project following dispute over terms with Venezuela's state explorer Petroleos de Venezuela SA (PdVSA).
ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), is in talks to acquire more oil and gas blocks in Kazakhstan after losing a giant Caspian sea oil field deal to China National Petroleum Corp.
The Cabinet Committee on Economic Affairs (CCEA) has approved the long-awaited shale gas and oil exploration policy to boost oil and gas production and cut imports. The plan is to unlock shale gas reserves.
State-owned Oil and Natural Gas Corp (ONGC) has reported about 6 per cent drop in crude oil production for the year ended March 31 on account of lower output from its crown-jewel Mumbai High fields.
State-owned Oil and Natural Gas Corp (ONGC) today said it has struck natural gas in a block that sits next to Reliance Industries' KG-D6 area in the Krishna Godavari basin.
In a major relief to Reliance Industries, Defence Ministry has agreed to relax the "No-Go" zones imposed on its producing KG-D6 gas block and discovery block of NEC-25 in Bay of Bengal and permitted oil and gas activities with certain conditions.
A deepwater well in a Krishna Godavari basin block operated by state-run Oil and Natural Gas Corp (ONGC) has been leaking gas for two months and there are now fears of environment damage due to the uncontrolled flow.
One of the conditions for government approval to the deal involve Cairn India being asked to obtain no objection certificate (NOC) from its partner Oil and Natural Gas Corp (ONGC).