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Oil India Ltd News

Oil & Gas shares in focus: MGL hits 52-week high; ONGC, IGL jump up to 3%

The Government of India has accepted several key recommendations made by the Kirit Parikh Committee with respect to the pricing of natural gas produced from the APM fields.

Oil & Gas shares in focus: MGL hits 52-week high; ONGC, IGL jump up to 3%
Updated On : 10 Apr 2023 | 10:59 AM IST

Stocks to watch: ONGC, IGL, MGL, RIL, L&T, Titan, Adani Group, Delta Corp

Stocks to Watch: Shares of city gas distributors are likely to be in focus today as they react to government's nod for new pricing regime.

Stocks to watch: ONGC, IGL, MGL, RIL, L&T, Titan, Adani Group, Delta Corp
Updated On : 10 Apr 2023 | 7:16 AM IST

RIL, ONCG, OIL: Windfall tax cut may propel bullish rally of up to 15%

When a stock reaches a new definitive peak, the trend is observed to rally in the same direction in the following sessions. This could become the case for Oil & Natural Gas Corporation and Oil India.

RIL, ONCG, OIL: Windfall tax cut may propel bullish rally of up to 15%
Updated On : 05 Apr 2023 | 11:27 AM IST

ONGC, Oil India surge up to 6% as oil prices rise post OPEC+ output cut

Sustained higher crude oil prices and gas realisations can result in better profitability for upstream oil and gas companies, analysts said

ONGC, Oil India surge up to 6% as oil prices rise post OPEC+ output cut
Updated On : 03 Apr 2023 | 9:50 AM IST

Bulls ride PSE index to historic peak, half of index stocks on breakouts

Altogether 10 out of 20 stocks in Nifty PSE index are flashing breakout structures that reflect medium-term bullishness.

Bulls ride PSE index to historic peak, half of index stocks on breakouts
Updated On : 08 Mar 2023 | 11:13 AM IST

ONGC, Oil India gain 3%; hit over 8-month highs

In past one month, Oil India has rallied 23%, while, ONGC surged 11%, as compared to 0.33 per cent decline in the S&P BSE Sensex.

ONGC, Oil India gain 3%; hit over 8-month highs
Updated On : 06 Mar 2023 | 2:30 PM IST

Oil India, ONGC gain up to 4% on improved earnings outlook

Sustained higher crude oil prices and gas realisations can result in better profitability for upstream companies, say analysts.

Oil India, ONGC gain up to 4% on improved earnings outlook
Updated On : 01 Mar 2023 | 3:14 PM IST

Shares of ONGC, Oil India fire up as govt slashes windfall tax sharply

The reduction of windfall tax will reduce cess of domestic oil production companies like ONGC and Oil India.

Shares of ONGC, Oil India fire up as govt slashes windfall tax sharply
Updated On : 16 Feb 2023 | 10:20 AM IST

NTPC, Reliance, Adani top green hydrogen plays to bet on, say analysts

As per analysts, electrolyser manufacturers, fuel cell makers for non-emission vehicles, traditional players engaged in energy storage solutions or batter makers are among key beneficiaries

NTPC, Reliance, Adani top green hydrogen plays to bet on, say analysts
Updated On : 19 Jan 2023 | 9:47 PM IST

ONGC, Oil India hits over 5-month high after govt slashes windfall tax

On Friday, the Union government slashed the windfall tax on domestically produced crude oil and diesel effective December 16, 2022

ONGC, Oil India hits over 5-month high after govt slashes windfall tax
Updated On : 16 Dec 2022 | 12:08 PM IST

ONGC, Oil India jump up to 3% on sharp cut in windfall tax

The tax on crude oil produced by firms such as state-owned ONGC was reduced to Rs 4,900 per tonne from Rs 10,200 per tonne w.e.f December 02, 2022.

ONGC, Oil India jump up to 3% on sharp cut in windfall tax
Updated On : 02 Dec 2022 | 10:19 AM IST

Proposed gas price revision to bring short-term relief to CGDs: Analysts

The proposed domestic gas pricing formula by Kirit Parikh panel will likely provide headroom to CGDs to reduce prices and improve margins, but this may hurt producers like ONGC, Oil India, experts say

Proposed gas price revision to bring short-term relief to CGDs: Analysts
Updated On : 01 Dec 2022 | 12:08 PM IST

IGL, MGL gain up to 4% post Kirit Parikh panel gas pricing recommendations

The S&P BSE Oil & Gas index hit a 52-week high of 20,653.57 in intra-day trade on Wednesday

IGL, MGL gain up to 4% post Kirit Parikh panel gas pricing recommendations
Updated On : 30 Nov 2022 | 2:25 PM IST

OIL interested in picking up petroleum mining lease in Jaisalmer, Bikaner

OIL produces heavy oil and natural gas at Tanot Dandewala and Baghewala in the state, and is exploring PML for five more locations in the state.

OIL interested in picking up petroleum mining lease in Jaisalmer, Bikaner
Updated On : 17 Oct 2022 | 10:42 PM IST