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Government increases windfall tax on crude oil, ONGC & OIL bracing for...
In a recent move, the government has opted to heighten the windfall tax imposed on crude oil. The tax on petroleum crude oil has surged to Rs 2,300...
IOC, GAIL fined for 2nd straight quarter
New Delhi: State-owned oil and gas giants including IndianOil and GAIL (India) Ltd have been slapped with fines for the second quarter in a row...
ONGC charges premium over Brent in oil deals
It signed deals to sell about 4.5 mn tonnes of crude oil each to BPCL and HPCL
AP CM releases Rs 161 cr for ONGC-affected fishermen
Vijayawada: Chief Minister YS Jagan Mohan Reddy on Tuesday released Rs 161.86 crore towards fourth tranche of financial assistance to fishermen...
Centre slashes windfall profit tax on crude oil
Special Addl Excise Duty on domestically produced crude oil reduced to Rs6,300/ tonne from Rs9,800; SAED on the export of diesel was reduced to Re1/...
ONGC, Oil India Ltd to benefit as Govt cuts windfall tax on crude oil
The government on Thursday reduced windfall tax on crude oil to Rs 6,300 per tonne from Rs 9,800 in its fortnightly review which will benefit upstream...
ONGC will start oil production from KG basin this month
A floating production unit, called FPSO, which will be used to produce oil, is already in the block, says Pankaj Kumar, Director, ONGC
Govt slashes windfall tax on crude oil
Tax on domestic crude oil, effective from Oct 18, reduced from Rs12,200/tonne to Rs9,050; ONGC, OIL to gain
