State-owned Oil
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US Eases Venezuela Oil Sanctions To Allow Trade As Iran War Drives Up Prices
US companies will be allowed to do business with Venezuela's state-owned oil and gas company after the Treasury Department eased sanctions, with some limitations, on Wednesday.
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Venezuela Hopes Boost Oil Production By 18% In 2026: State-owned Body
Venezuela wants to boost its oil production by 18 percent this year through planned reforms that will fully open the sector to private investors, the head of the state oil giant PDVSA said.
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Russian Influencers Arrested For Filming Video In Front Of Burning Oil Depot Hit By Ukraine Strike
The influencers, identified as 21-year-old Dasha Vladimirovna Loskutova and 19-year-old Karina Evgenyevna Oshurkova, filmed themselves rapping in front of the burning facility.
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After Bumper Profits, Centre Scraps Rs 30,000 Crore Capital Support To Oil Firms
The government has scrapped the Rs 30,000 crore equity infusion it had planned in state-owned fuel retailers after they made record profits in the fiscal year ended March 31, according to the Budget Finance Minister Nirmala Sitharaman presented today
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ONGC Net Profit Surges 19 Times In Q4, Sets Record High Profit In 2023-24
State-owned Oil and Natural Gas Corporation's (ONGC) March quarter net profit soared 19 times as the year-ago period had a one-time exceptional provision, while it posted a record earning for the full fiscal.
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Russia Says No Issues With Oil Payment From India
The Russian Foreign Ministry has said that deliveries of Russian oil to India are steadily high, with no payment issues encountered, the state-owned news agency TASS reported.
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ONGC To Start Crude Oil Production In KG Basin Next Week
The state-owned Oil and Natural Gas Corporation (ONGC) will start the production of crude oil from its flagship deep-water project in Krishna Godavari Basin next week.
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China's State-Owned Oil And Gas Giant Sinopec Wins Sri Lanka Refinery Bid
Sinopec, China's state-owned oil and gas giant, will be awarded the contract to build an oil refinery in the southern port of Hambantota, energy minister Kanchana Wijesekera said on Tuesday.
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Bharat Petroleum To Raise Rs 180 Billion Amid Green Energy Push: Report
State-owned oil marketing company Bharat Petroleum said on Wednesday it approved raising up to 180 billion rupees ($2.19 billion) through an issue of equity shares on a rights basis underscoring India's push to achieve net zero-emissions goals.
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Tirupati Temple Worth Over Rs 2.5 Lakh Crore, Is Richer Than Wipro, Nestle
Tirupati's world famous Lord Venkateswara temple's net worth of over Rs 2.5 lakh crore (about USD 30 billion) is more than the market capitalisation of IT services firm Wipro, food and beverage company Nestle and state-owned oil giants ONGC and IOC.
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US Eases Venezuela Oil Sanctions To Allow Trade As Iran War Drives Up Prices
US companies will be allowed to do business with Venezuela's state-owned oil and gas company after the Treasury Department eased sanctions, with some limitations, on Wednesday.
-
Venezuela Hopes Boost Oil Production By 18% In 2026: State-owned Body
Venezuela wants to boost its oil production by 18 percent this year through planned reforms that will fully open the sector to private investors, the head of the state oil giant PDVSA said.
-
Russian Influencers Arrested For Filming Video In Front Of Burning Oil Depot Hit By Ukraine Strike
The influencers, identified as 21-year-old Dasha Vladimirovna Loskutova and 19-year-old Karina Evgenyevna Oshurkova, filmed themselves rapping in front of the burning facility.
-
After Bumper Profits, Centre Scraps Rs 30,000 Crore Capital Support To Oil Firms
The government has scrapped the Rs 30,000 crore equity infusion it had planned in state-owned fuel retailers after they made record profits in the fiscal year ended March 31, according to the Budget Finance Minister Nirmala Sitharaman presented today
-
ONGC Net Profit Surges 19 Times In Q4, Sets Record High Profit In 2023-24
State-owned Oil and Natural Gas Corporation's (ONGC) March quarter net profit soared 19 times as the year-ago period had a one-time exceptional provision, while it posted a record earning for the full fiscal.
-
Russia Says No Issues With Oil Payment From India
The Russian Foreign Ministry has said that deliveries of Russian oil to India are steadily high, with no payment issues encountered, the state-owned news agency TASS reported.
-
ONGC To Start Crude Oil Production In KG Basin Next Week
The state-owned Oil and Natural Gas Corporation (ONGC) will start the production of crude oil from its flagship deep-water project in Krishna Godavari Basin next week.
-
China's State-Owned Oil And Gas Giant Sinopec Wins Sri Lanka Refinery Bid
Sinopec, China's state-owned oil and gas giant, will be awarded the contract to build an oil refinery in the southern port of Hambantota, energy minister Kanchana Wijesekera said on Tuesday.
-
Bharat Petroleum To Raise Rs 180 Billion Amid Green Energy Push: Report
State-owned oil marketing company Bharat Petroleum said on Wednesday it approved raising up to 180 billion rupees ($2.19 billion) through an issue of equity shares on a rights basis underscoring India's push to achieve net zero-emissions goals.
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Tirupati Temple Worth Over Rs 2.5 Lakh Crore, Is Richer Than Wipro, Nestle
Tirupati's world famous Lord Venkateswara temple's net worth of over Rs 2.5 lakh crore (about USD 30 billion) is more than the market capitalisation of IT services firm Wipro, food and beverage company Nestle and state-owned oil giants ONGC and IOC.
