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Latest Articles in upstream companies
Towards Boosting Domestic Crude Production
In line with a series of liberalisation policies for the upstream sector in recent years, the government, with its latest move of deregulating domestically produced crude oil, aims to give impetus to exploration and production activities in the country and increase the overall hydrocarbon output
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Natural Gas Production In India Remains Loss-Making Proposition After Gas Price Cut: Rating Agencies
The reduction in gas price to USD 1.79 per metric million British thermal unit (mmBtu) from USD 2.39 'is credit negative for upstream companies such as Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL) as it will lower their revenue from gas sales'
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