Fuel Prices Unchanged Despite Record Profits: Govt & Oil Firms Reap ₹35 Lakh Crore 85% of Subsidies Funded Through Fuel Taxes as Consumers Pay High Prices Crude oil prices have fallen to a four-year low, currently trading at $65.41 per barrel — a level last…
Tag: ONGC
ONGC Expands Stake in ACG Oil Field and BTC Pipeline: Key Updates for Investors
ONGC Dials Expansion with ACG Oil Field and BTC Pipeline Share Oil and Natural Gas Corporation, a Maharatna public sector undertaking, has strategically attempted to strengthen its presence in the oil and gas sector around the globe. ONGC Videsh, the wholly-owned subsidiary of ONGC, had announced a major acquisition deal in Azerbaijan’s Azeri-Chirag-Gunashli (ACG) oil field and the Baku-Tbilisi-Ceyhan pipeline. This development has been seen to have brought…