Oil India — PL Capital's Top Pick To 'Buy' In Oil And Gas Space; Q1 Results Preview

Oil India — PL Capital's Top Pick To 'Buy' In Oil And Gas Space; Q1 Results Preview

Upstream companies ONGC and Oil India are expected to report 8% YoY decline in combined sales, with flat Ebitda. Decline in YoY sales of RIL is arrested due to better contribution from non-oil segments.NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expa…

ONGC orders two ethane carriers from Japan’s top shipbuilder - India Seatrade News

Oil and Natural Gas Corporation of India has entered into an agreement with Japanese shipbuilding company Mitsui O.S.K. Lines. As per the agreement, Mitsui O.S.K. Lines will build, own and operate two Very Large Ethane Carriers (VLEC), which will be used by ONGC for the import of ethane. According to an exchange filing by ONGC, the two companies signed a  Heads of Agreement on July 3. The company said the arrangement is further subject to the ap…

ONGC Inks Deal with MOL to Build Two Very Large Ethane Carriers

India's Oil and Natural Gas Corporation (ONGC) has signed an agreement with Japan's Mitsui O.S.K. Lines (MOL) to build, own and operate two very large ethane carriers (VLECs).The ‘mega vessels’ will deliver imported ethane to ONGC Petro Additions Limited…