Oil Producers News
- All
- News
-
Windfall Tax On Crude Petroleum Cut To Zero
The government on Tuesday slashed windfall tax on domestically produced crude oil to 'nil' per tonne with effect from September 18.
-
Windfall Tax On Crude Petroleum Hiked To Rs 7,000 Per Tonne
The government on Monday hiked the windfall tax on domestically produced crude oil to Rs 7,000 per tonne, from Rs 6,000 per tonne.
-
ONGC Signs Mega Pact With Indian Oil Corporation For Petrochemicals
India's top oil and natural gas producer ONGC has signed a mega pact with the nation's largest oil refining and fuel marketing company Indian Oil Corporation (IOC) for exploring opportunities in the petrochemicals business.
-
ONGC To Invest $2 Billion To Drill Record 103 Wells In Mumbai Offshore
Oil and Natural Gas Corporation (ONGC) has three main assets off the west coast - Mumbai High, Heera and Neelam, and Bassein and Satellite, which contributed the bulk of 21.7 million tonnes of oil and 21.68 billion cubic metres of gas it produced in 2021-22.
-
Windfall Tax On Crude Oil, Aviation Fuel Cut, New Rates To Come Into Effect From February 16
The levy on crude oil produced by companies such as Oil and Natural Gas Corporation (ONGC) has been cut to Rs 4,350 per tonne from Rs 5,050 per tonne, the order dated February 15 said.
-
India To See $58 Billion Investment In Producing Oil, Gas; Chevron, Exxon Keen To Invest: Minister
India, the world's third biggest oil-consuming and importing nation, is looking to raise domestic output to help cut down reliance on costly imports.
-
Bharat Petroleum To Invest Rs 35,355 Crore In Piped Gas Network In 8 Cities
BPCL is India's second-largest government-owned downstream oil producer, whose operations are overseen by the ministry of petroleum and natural gas.
-
Windfall Tax On Domestic Crude Oil Slashed By 65%
The centre cut its windfall tax on locally produced crude oil and aviation turbine fuel (ATF) and reduced the export tax on diesel.
-
Windfall Profit Tax On Crude Oil Hiked And Cut For Diesel Exports
The government on Wednesday hiked windfall tax on domestically produced crude oil while reducing the rate on export of diesel.
-
India Warns Oil Producers On Prices: "Actions Have Consequences"
Oil minister Hardeep Singh Puri said higher crude prices would only serve to accelerate the transition to cleaner energy and worsen any global recession.
-
Oil Producers Likely To Stick To View Of Long-Term Oil Demand Rise
OPEC's view that world oil demand will keep rising for longer than many other forecasters predict is not expected to change much in its forthcoming major report, despite the growing role of renewables and electric cars.
-
India Will Be Able To Produce Quarter Of Its Oil Demand By 2030: Minister
Union Minister of Petroleum and Natural Gas Hardeep Singh Puri on Friday announced that the Indian petroleum industry is at the cusp of opportunity and will be able to produce 25 per cent of its crude oil demand by 2030.
-
India Pushes Refiners To Diversify Purchases After Production Cut By OPEC (Oil Producers)
Indian state fuel retailers have not raised pump prices since April.
-
Oil Prices Rise As OPEC, Russia-Led Allies Announce Major Output Cut
Oil prices climbed Wednesday as OPEC and Russia-led allies announced a major cut in output, while a stocks rally ran out of gas.
-
Nifty, Sensex Fall To Start October On A Cautious Note As Oil Prices Surge
Stock Market India: Equity benchmarks opened in the red on the first trading day of October, tracking a fall in Asian equities after a surge in oil on expectations oil producers would likely cut production, raising higher inflation worries.
-
Windfall Tax On Crude Petroleum Cut To Zero
The government on Tuesday slashed windfall tax on domestically produced crude oil to 'nil' per tonne with effect from September 18.
-
Windfall Tax On Crude Petroleum Hiked To Rs 7,000 Per Tonne
The government on Monday hiked the windfall tax on domestically produced crude oil to Rs 7,000 per tonne, from Rs 6,000 per tonne.
-
ONGC Signs Mega Pact With Indian Oil Corporation For Petrochemicals
India's top oil and natural gas producer ONGC has signed a mega pact with the nation's largest oil refining and fuel marketing company Indian Oil Corporation (IOC) for exploring opportunities in the petrochemicals business.
-
ONGC To Invest $2 Billion To Drill Record 103 Wells In Mumbai Offshore
Oil and Natural Gas Corporation (ONGC) has three main assets off the west coast - Mumbai High, Heera and Neelam, and Bassein and Satellite, which contributed the bulk of 21.7 million tonnes of oil and 21.68 billion cubic metres of gas it produced in 2021-22.
-
Windfall Tax On Crude Oil, Aviation Fuel Cut, New Rates To Come Into Effect From February 16
The levy on crude oil produced by companies such as Oil and Natural Gas Corporation (ONGC) has been cut to Rs 4,350 per tonne from Rs 5,050 per tonne, the order dated February 15 said.
-
India To See $58 Billion Investment In Producing Oil, Gas; Chevron, Exxon Keen To Invest: Minister
India, the world's third biggest oil-consuming and importing nation, is looking to raise domestic output to help cut down reliance on costly imports.
-
Bharat Petroleum To Invest Rs 35,355 Crore In Piped Gas Network In 8 Cities
BPCL is India's second-largest government-owned downstream oil producer, whose operations are overseen by the ministry of petroleum and natural gas.
-
Windfall Tax On Domestic Crude Oil Slashed By 65%
The centre cut its windfall tax on locally produced crude oil and aviation turbine fuel (ATF) and reduced the export tax on diesel.
-
Windfall Profit Tax On Crude Oil Hiked And Cut For Diesel Exports
The government on Wednesday hiked windfall tax on domestically produced crude oil while reducing the rate on export of diesel.
-
India Warns Oil Producers On Prices: "Actions Have Consequences"
Oil minister Hardeep Singh Puri said higher crude prices would only serve to accelerate the transition to cleaner energy and worsen any global recession.
-
Oil Producers Likely To Stick To View Of Long-Term Oil Demand Rise
OPEC's view that world oil demand will keep rising for longer than many other forecasters predict is not expected to change much in its forthcoming major report, despite the growing role of renewables and electric cars.
-
India Will Be Able To Produce Quarter Of Its Oil Demand By 2030: Minister
Union Minister of Petroleum and Natural Gas Hardeep Singh Puri on Friday announced that the Indian petroleum industry is at the cusp of opportunity and will be able to produce 25 per cent of its crude oil demand by 2030.
-
India Pushes Refiners To Diversify Purchases After Production Cut By OPEC (Oil Producers)
Indian state fuel retailers have not raised pump prices since April.
-
Oil Prices Rise As OPEC, Russia-Led Allies Announce Major Output Cut
Oil prices climbed Wednesday as OPEC and Russia-led allies announced a major cut in output, while a stocks rally ran out of gas.
-
Nifty, Sensex Fall To Start October On A Cautious Note As Oil Prices Surge
Stock Market India: Equity benchmarks opened in the red on the first trading day of October, tracking a fall in Asian equities after a surge in oil on expectations oil producers would likely cut production, raising higher inflation worries.
