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Innovative Techniques Drive Oil India's Production Increase
Jaipur, April 5 Amid heightened geopolitical tensions and uncertainty in global oil markets, Oil India Ltd has significantly ramped up crude production from Rajasthan's Thar desert, achieving a record output of 1,202 barrels per day from the Jodhpur sandstone formation, officials said.The...- Himanshu
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- baghewala oil field crude oil production cyclic steam stimulation drilling technology energy security heavy oil indian oil corporation ltd iocl jodhpur sandstone formation oil extraction technology oil india ltd ongc rajasthan thar desert thermal enhanced oil recovery
- Replies: 0
- Forum: Business
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Excise Duty Reduced, Exports Taxed: India's Strategy for Fuel Costs
New Delhi, March 27 – The government has cut excise duty on petrol and diesel by ₹10 per litre, shielding consumers from a price hike amid soaring global oil rates.Excise on petrol has been reduced from ₹13 to ₹3 per litre, and on diesel from ₹10 to nil, leading to an estimated annual revenue...- Himanshu
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- aviation turbine fuel (atf) export duty diesel export duty diesel price excise duty reduction export duty fuel prices india international crude oil prices middle east conflict nirmala sitharaman oil marketing companies (omcs) oil prices ongc petrol price revenue loss
- Replies: 0
- Forum: Business
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Fuel Cuts and Renewed Export Taxes: A Look at India’s Response to Oil Price Hikes
Government Cuts Excise Duty on Petrol, Diesel by ₹10/Litre to Cushion Consumers Amid Crude Oil SurgeNew Delhi, March 27: The government has slashed excise duty on petrol and diesel by ₹10 per litre each to shield consumers from soaring global crude oil prices triggered by escalating tensions...- Himanshu
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- crude oil prices diesel excise duty excise duty reduction export duty - aviation turbine fuel (atf) export duty - diesel fuel prices fuel retailers government revenue hardeep singh puri india international energy market nayara energy nirmala sitharaman oil prices ongc petrol excise duty
- Replies: 0
- Forum: Business
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Stocks in Focus: VA Tech Wabag, Data Patterns, Bajel Projects Among Firms Reporting Fresh Order Wins
Stocks in Focus: VA Tech Wabag, Data Patterns, Bajel Projects Among Firms Reporting Fresh Order Wins Several listed companies are expected to remain in focus on Monday, March 16, after announcing significant order wins across sectors such as water infrastructure, defence technology, power... - K
ONGC: Macquarie Sees Production Growth as Key Re-Rating Trigger
Shares of Oil and Natural Gas Corporation (ONGC) are expected to be in focus on Thursday, March 12, after global brokerage Macquarie Group reiterated its positive view on the stock.Macquarie maintained an “Outperform” rating on ONGC with a price target of ₹300, implying a potential upside of... - K
India's Stock Market Faces Uncertainty After Iran Attack
Nifty Slides Below 200 Day Moving Average as Global Tensions Set Stage for Volatile Monday Late Sell Off Signals Market Unease Ahead of Weekend Developments Indian equity markets appeared to anticipate major geopolitical developments over the weekend, reflected in the sharp sell off during the... - K
Baroruchi Mishra Appointed Managing Director of Hindustan Oil Exploration
Hindustan Oil Exploration Company Limited has announced a significant leadership transition, with Managing Director Ramasamy Jeevanandam set to step down at the end of March and Baroruchi Mishra appointed as the new Managing Director and Chief Executive Officer.Ramasamy Jeevanandam to Step... - K
Indradhanush Gas Grid Project in Tripura Faces Delays Amid Terrain and Land Issues
253 Km Pipeline Target Unlikely to Be Met by March Agartala, February 24: The target of laying a 253 kilometre-long gas pipeline in Tripura under the Indradhanush Gas Grid project is unlikely to be achieved by March this year, an official said on Tuesday, citing unavoidable challenges.The...