Page 5 - Oil And Gas Sector

Nomura sees Nifty at 10,200 in Mar'21; financials to drag earnings

The lockdown's impact on corporate earnings will be worse than seen during the GFC, according to Nomura

Coronavirus pandemic creates repair headache for oil and gas industry

Lockdowns to stop the spread of Covid-19, the flu-like infection caused by the virus, have snarled the supply of spare parts and have prevented maintenance workers from doing their job

RIL says core business has got 'demand-side shock' due to coronavirus

The company listed the pandemic as internal risks in its letter of offer for its upcoming rights issue.

Oil & gas index surges nearly 3% amid a rally in oil prices; ONGC climbs 6%

CARE Ratings believes that the demand for petroleum products will remain sluggish in the near term and H1FY21 will be considerably lower compared to previous quarters.

How US could use taxpayer dollars to save oil and energy companies

The US federal government could use some of the $2.6 trillion coronavirus rescue legislation, or other options to help the industry

A year of challenges

Bigger companies in general performed better than their smaller peers

Iran's oil and gas production not affected by Coronavirus, says official

Iran's crude oil exports were slashed by more than 80% after U.S. President Donald Trump withdrew from a multilateral nuclear deal with the Islamic Republic in 2018 and reimposed sanctions

Moving towards a gas-based economy

Under Prime Minister Narendra Modi India has taken a strong turn in the energy road map towards renewables and rebalancing the energy mix

KEC sees civil works opportunity in oil & gas sector in absence of IL&FS

To test the waters, Kejriwal says they'll bid for smaller projects worth Rs 50-250 crore

Vedanta Q3 PBT at Rs 3,806 cr, up 9.4% on lower costs, exceptional gain

Sales down 10% to Rs 21,126 cr mainly due to lower commodity prices, muted volumes in zinc, oil & gas and copper

Assam bans strikes by oil and gas sector employees for 6 months under ESMA

Strikes by the officers, workmen, contract labourers, drivers and their helpers of tankers in the sector have been prohibited under the Essential Services Maintenance (Assam) Act, 1980

India best place for oil & gas investors: Pradhan to foreign firms

India is expanding oil refining capacity to produce more fuel and petrochemicals as also investing in pipelines and terminals to increase the share of natural gas in the energy mix.

Tech view: Here's how oil sector stocks look on the charts

It has been a choppy week for oil prices that surged past the $70 a barrel mark after the largest-ever disruption of crude production in Saudi Arabia amid drone attacks on its key facilities.

India to see Rs 5 trn investment in oil and gas sector: Dharmendra Pradhan

Minister sees domestic natural gas output rising by 20% to 39.3 billion cubic metres by 2020-21.

Oil giants may not share coal's fate despite Norwegian fund's exit

Petroleum companies see natural gas as a cleaner alternative to coal for power generation

Open Acreage Licensing Policy: 2.8 million sq km up for oil, gas bidding

India is the only country where energy demand will continue to rise for more than a decade