ONGC

Delhi High Court overturns arbitration award favouring Reliance in $1.7 bn gas migration dispute | Company Business News

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In a setback for Mukesh Ambani-led Reliance Industries Ltd (RIL), the Delhi High Court’s (HC) division bench on Friday overturned an international arbitration tribunal’s ruling that had previously favoured the company in its $1.7 billion dispute with Oil and Natural Gas Corp. Ltd (ONGC) over alleged gas migration from adjoining fields. The bench, comprising justices … Read more

ONGC-NTPC JV signs deal to buy NIIF’s Ayana Renewable for ₹6,600 crore

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NEW DELHI : ONGC NTPC Green Pvt. Ltd (ONGPL) has inked a deal to buy National Investment and Infrastructure Fund Ltd (NIIF)-backed Ayana Renewable Power Pvt. Ltd for an equity value of ₹6,600 crore, said two people aware of the development. An announcement to this effect is to be made today. Mint reported on 7 … Read more

ONGC, bp tie up for exploration, production, energy trading | Company Business News

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New Delhi: State-run Oil and Natural Gas Corp. Ltd (ONGC) has signed a memorandum of understanding (MoU) with bp for collaboration in exploration and production of oil and gas, energy trading and other segments in the energy business both in India and internationally. The MoU was signed on Monday on the eve of the India … Read more

Petronet’s third-quarter net profit falls 27% to Rs 866.59 cr

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Petronet's profits declined year-on-year amid a fall in topline.

2025-01-27 23:33:00 : New Delhi: Petronet LNG on Monday reported a 27.19 per cent decline in its consolidated net profit for the October-December quarter ₹866.59 Crore. During the same period in the previous financial year, the company’s net profit was ₹1,190.30 crore. In a first-class decline, its profits fell year over year. Operating income for … Read more