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Gainers & Losers: Vodafone Idea, ONGC among 7 big stock movers on Wednesday
Domestic markets surged Wednesday as oil fell below $100. Nifty and Sensex rose over 1%, with notable stock-specific movements across sectors in today's session
Top gainers and losers, May 6: IndiGo surges 6.7%, Tata Motors PV up over 5%; ONGC shares down 3% - Upstox
Top gainers and losers, May 6: IndiGo surges 6.7%, Tata Motors PV up over 5%; ONGC shares down 3%Upstox
Europe Gas Traders Buy Options to Hedge for Winter Price Spike
Some European natural gas traders are already hedging against a spike in prices next winter as the war in the Middle East continues to disrupt supplies.
ONGC Share Price Live Updates: ONGC Trading Volume Overview
Sensex drops 590 pts; oil & gas shares decline
At 11:30 IST, the barometer index, the S&P BSE Sensex fell 590.04 points or 0.76% to 76,679.36. The Nifty 50 index slipped 169.50 points or 0.72% to 23,947.55.
ONGC Share Price Live Updates: ONGC's Current Market Status
India looks to boost LNG tank capacity as Qatar supplies stall
India imports about half of its natural gas requirement, which is used to generate electricity, make fertiliser, convert into CNG to run automobiles, piped to household kitchens for cooking and used as feedstock in a variety of industries. This gas is imported in its liquid form, called LNG, in ships from countries like Qatar and the US.
ONGC Share Price Live Updates: ONGC's closing price analysis
Commercial LPG hike: Delhi restaurant owners warn of higher menu rates, job losses
Commercial LPG cylinder prices have surged, impacting Delhi's food businesses. Restaurant owners and street vendors warn of higher menu rates and potential job losses. This steep hike, linked to global energy prices, is causing significant financial strain. Many businesses are exploring alternatives like piped natural gas.
India-linked ship carrying cooking fuel manages Hormuz exit
An India-linked LPG tanker, Sarv Shakti, has successfully crossed the Strait of Hormuz, marking a rare transit amid ongoing restrictions linked to the Iran conflict. The vessel, carrying about 45,000 tonnes of cooking gas and linked to Indian Oil Corporation, highlights India’s efforts to ease supply shortages as fuel flows through the strait remain severely limited.
GAIL moves court against PNGRB over unbundling plan
GAIL has taken its dispute with the Petroleum and Natural Gas Regulatory Board to the Delhi High Court. The regulator wants to separate gas transportation and marketing, a reform mandated in 2017. GAIL argues this will harm its integrated business. A committee report supports the regulator's stance, stating the Indian gas market has evolved.
Govt awarded 172 oil & gas blocks in 10 years, but negligible output brings policy and execution into focus
India's ambitious oil and gas policy has failed to boost domestic production. Despite billions invested and extensive exploration, only one marginal field is producing. Experts question the policy's effectiveness. Geological challenges and a shift in risk to companies deter global investment. The government continues auctions, but state-run firms dominate. This situation highlights India's ongoing dependence on imports.