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Reliance Gets Rs 24,500 Crore Demand Notice For Producing Gas From ONGC Block
The government had in 2016 sought USD 1.55 billion from Reliance and its partners for the quantum of gas that had migrated to its block KG-D6 from adjoining fields of ONGC.
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Reliance Industries Shares Fall 3%; ONGC, Vedanta Too Decline
Shares of Reliance Industries fell nearly 3 per cent on Thursday after the government raised the tax on export of diesel and jet fuel (ATF) and hiked the windfall profit levy on domestically-produced crude oil.
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Reliance Shares Jump Over 4%; ONGC Surges 7% After Windfall Tax Cut
Shares of firms related to oil exploration and refineries were in heavy demand on Wednesday, with Reliance Industries and ONGC rallying after the government slashed windfall tax on petrol, diesel, jet fuel and crude oil.
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Why ONGC Share Price Is Falling?
Here's why ONGC shares have declined over 13% in the last five days.
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$12 Billion Bonanza For Centre From Windfall Tax On Crude Oil Firms
The windfall taxes on domestic crude oil production and fuel exports will generate close to $12 billion (Rs 94,800 crore) for the government in the remainder of the current fiscal while trimming profits of firms such as Reliance Industries Ltd and ONGC, Moody's Investors Service said Tuesday.
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Reliance To Take A $12 Per Barrel Margin Hit From Windfall Tax
The windfall taxes imposed by the government on domestic crude oil production and fuel exports will hit ONGC's earnings severely while shaving off up to $12 per barrel in refining margins for Reliance Industries Ltd.
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Carnage For Reliance, ONGC Shares After Hike In Fuel Export Duty And Windfall Tax
Reliance Industries and ONGC shares were hammered on Friday after thegovernment imposed export taxes on petrol, diesel and a windfall tax on domestic crude oil to boost internal supplies.
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ONGC's 2021-22 Net Profit Soars 258% To Rs 40, 306 Crore
ONGC Profit: On the back of the best-ever price it earned on crude oil it produces, ONGC reported a record net profit of Rs 40,305 crore in 2021-22
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Post Fuel Excise Duty Cut Reliance-BP Joint Venture Says Operations Unsustainable
RBML - the joint venture of Reliance Industries Ltd and BP - has told Government that fuel retailing for private sector has become unsustainable
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Gas Price Hike Boosts Upstream Companies' Profits: Report
The more than doubling of natural gas and oil prices will boost the profitability of oil and gas producers like ONGC and Reliance Industries
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ONGC To See $3 Billion Rise In Earnings, Reliance $1.5 Billion From Gas Price Hike: Report
ONGC is likely to see a $3 billion rise in its annual earnings while Reliance Industries may get $1.5 billion more in revenue
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Bonanza for Reliance Industries, ONGC: Gas Price Set To Double This Week
In a bonanza for gas producers, Reliance Industries is set to get a record price of around $10 per MMBtu for the KG gas, while state-owned ONGC is likely to fetch more than double the rate for its Mumbai High and other fields, sources said.
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Reliance Raises $4 Billion In India's Largest-Ever Foreign Currency Bonds Issue
Reliance Industries Limited on Thursday said it has raised $4 billion in debt through the largest ever foreign currency bond issuance
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Sensex, Nifty Gain For Third Straight Day Led By Reliance Industries
Reliance Industries, Axis Bank, Tata Consultancy Services, NTPC, IndusInd Bank and ONGC were among the top movers in the Sensex.
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Government Introduces New Gas Marketing Norms To Help Producers
Mr Pradhan said the new, more transparent price discovery mechanism would help raise daily gas production from the Krishna Godavari basin on the east coast and other parts of the country by 40 mmscm.
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Reliance Gets Rs 24,500 Crore Demand Notice For Producing Gas From ONGC Block
The government had in 2016 sought USD 1.55 billion from Reliance and its partners for the quantum of gas that had migrated to its block KG-D6 from adjoining fields of ONGC.
-
Reliance Industries Shares Fall 3%; ONGC, Vedanta Too Decline
Shares of Reliance Industries fell nearly 3 per cent on Thursday after the government raised the tax on export of diesel and jet fuel (ATF) and hiked the windfall profit levy on domestically-produced crude oil.
-
Reliance Shares Jump Over 4%; ONGC Surges 7% After Windfall Tax Cut
Shares of firms related to oil exploration and refineries were in heavy demand on Wednesday, with Reliance Industries and ONGC rallying after the government slashed windfall tax on petrol, diesel, jet fuel and crude oil.
-
Why ONGC Share Price Is Falling?
Here's why ONGC shares have declined over 13% in the last five days.
-
$12 Billion Bonanza For Centre From Windfall Tax On Crude Oil Firms
The windfall taxes on domestic crude oil production and fuel exports will generate close to $12 billion (Rs 94,800 crore) for the government in the remainder of the current fiscal while trimming profits of firms such as Reliance Industries Ltd and ONGC, Moody's Investors Service said Tuesday.
-
Reliance To Take A $12 Per Barrel Margin Hit From Windfall Tax
The windfall taxes imposed by the government on domestic crude oil production and fuel exports will hit ONGC's earnings severely while shaving off up to $12 per barrel in refining margins for Reliance Industries Ltd.
-
Carnage For Reliance, ONGC Shares After Hike In Fuel Export Duty And Windfall Tax
Reliance Industries and ONGC shares were hammered on Friday after thegovernment imposed export taxes on petrol, diesel and a windfall tax on domestic crude oil to boost internal supplies.
-
ONGC's 2021-22 Net Profit Soars 258% To Rs 40, 306 Crore
ONGC Profit: On the back of the best-ever price it earned on crude oil it produces, ONGC reported a record net profit of Rs 40,305 crore in 2021-22
-
Post Fuel Excise Duty Cut Reliance-BP Joint Venture Says Operations Unsustainable
RBML - the joint venture of Reliance Industries Ltd and BP - has told Government that fuel retailing for private sector has become unsustainable
-
Gas Price Hike Boosts Upstream Companies' Profits: Report
The more than doubling of natural gas and oil prices will boost the profitability of oil and gas producers like ONGC and Reliance Industries
-
ONGC To See $3 Billion Rise In Earnings, Reliance $1.5 Billion From Gas Price Hike: Report
ONGC is likely to see a $3 billion rise in its annual earnings while Reliance Industries may get $1.5 billion more in revenue
-
Bonanza for Reliance Industries, ONGC: Gas Price Set To Double This Week
In a bonanza for gas producers, Reliance Industries is set to get a record price of around $10 per MMBtu for the KG gas, while state-owned ONGC is likely to fetch more than double the rate for its Mumbai High and other fields, sources said.
-
Reliance Raises $4 Billion In India's Largest-Ever Foreign Currency Bonds Issue
Reliance Industries Limited on Thursday said it has raised $4 billion in debt through the largest ever foreign currency bond issuance
-
Sensex, Nifty Gain For Third Straight Day Led By Reliance Industries
Reliance Industries, Axis Bank, Tata Consultancy Services, NTPC, IndusInd Bank and ONGC were among the top movers in the Sensex.
-
Government Introduces New Gas Marketing Norms To Help Producers
Mr Pradhan said the new, more transparent price discovery mechanism would help raise daily gas production from the Krishna Godavari basin on the east coast and other parts of the country by 40 mmscm.
