Deep Inds rises after award of contract from ONGC

Deep Inds rises after award of contract from ONGC

Deep Industries rose 3.71% to Rs 142.50 at 14:16 IST on BSE after the company said it has received letter of award of contract from ONGC. The announcement was made during trading hours today, 12 April 2019. Meanwhile, the S&P BSE Sensex was up 160.12 points, or 0.41% to 38,767.13.

Farmer seeks oil royalty, PSU says well has dried up

Farmer seeks oil royalty, PSU says well has dried up

After a farmer in North Gujarat claimed royalty on oil being extracted from the oil well drilled on his farm, the Oil and Natural Gas Corporation Ltd (ONGC) told the Gujarat high court that the oil well has dried up and it will vacate the farmer’s land soon.

Natural gas price up 10%; ONGC posts 6.5% rise in gas production

Natural gas price up 10%; ONGC posts 6.5% rise in gas production

Giving a boost to producers such as Oil and Natural Gas Corporation (ONGC) and Reliance Industries (RIL), the price of domestic natural gas in India has increased by 10 per cent to $3.69 per million metric British thermal units (mmBtu) for the April-September period, compared to $3.36 per mmBtu during October to March period.

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