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ONGC bets on gas-led growth as premium pricing boosts profitability
ONGC anticipates natural gas will drive its future growth and profitability. New high-priced gas production is set to increase significantly, meeting rising domestic demand. Projects like Daman and KG-98/2 are expected to boost gas output. ONGC is also expanding its renewable energy portfolio and seeking cost savings. The company is strategically shifting towards gas.
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economictimes.indiatimes.com
ONGC picks BP as tech partner for Western Offshore fields
BP already has a similar arrangement for ONGC's flagship Mumbai High fields, but the latest move significantly expands its role, making it responsible for helping enhance output…
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thehindu.com
ONGC net profit rises 3.1% in March-end quarter amid better crude price realisations
State-owned explorer and producer Oil and Natural Gas Company (ONGC)’s standalone net profit in the March-end quarter increased 3.1% from the comparable period last year supported…
