November 19, 2020
The Organization Of The Petroleum
14 2019-high reached the previous day.The US bank said January global crude oil
demand growth was "nearly 2.The Organization of the Petroleum Exporting
Countries (OPEC) and non-affiliated allies such as Russia - known as the OPEC+
alliance - pledged to withhold 1."Crude oil continues to grind higher.US West
Texas Intermediate (WTI) crude oil futures were at USD 58.74 from the previous
day. But, we suspect the group will make noise about the ongoing effort to keep
this market in balance.â€
ANZ bank said on Friday.But oil demand has held up well
so far.68 million bpd, official data showed this week."Oil demand concerns are
overdone,†Goldman Sachs said in a note on Friday."We don’t think anything will
be agreed this weekend.Meanwhile, US sanctions against Venezuela, as well as
Iran, have further tightened oil markets.2 million barrels per day (bpd) in
crude supply from the start of the year to tighten markets and prop up
prices.OPEC+ will meet in Baku, Azerbaijan, over the weekend to review its
output policy, although most expect the cuts to continue for now.
Will demand
hold up?Preventing oil from rising further have been concerns that an economic
slowdown that has gripped large parts of Asia and Europe, and which is showing
signs of spilling into North America.
Will soon dent fuel demand
growth.Organization of the Petroleum Exporting Countries (OPEC) and
non-affiliated allies such as Russia - known as the OPEC+ alliance - pledged to
withhold 1.end-ofTags: oil prices, opec, venezuela, iran, brent crudeLocation:
Singapore, –, Singapore.27 per barrel at 0425 GMT, 4 cents above their last
close, and within a dollar of the USD 68. But oil prices have been capped by
concerns that an economic slowdown will soon start denting growth in fuel
demand.With OPEC voluntarily withholding supply and US sanctions preventing
Iranian and Venezuelan oil from entering markets, global crude flow data in
Refinitiv showed a slight supply deficit likely appeared in the first quarter.
63
per barrel, 2 cents above their last settlement, and not far off their 2019-high
of USD 58.1 per cent from a year earlier to a record 12. (Photo: File |
PTI)Singapore: Oil prices were firm on Friday amid production cuts led by OPEC
and as US sanctions against Venezuela and Iran likely created a slight deficit
in global supply in the first quarter of 2019.2 million barrels per day (bpd) in
crude supply from the start of the year to tighten markets and prop up
prices.Azerbaijan, over the weekend to review its
output policy, although most China
granulation screw barrel expect the cuts to continue for now..0 million
barrels per day, with strength visible in both emerging markets and developed
economiesâ€.Despite Friday’s dips, oil has rallied around a quarter since the
start of the year.Brent crude oil futures were at USD 67.Goldman said "current
fundamentals will tighten physical markets furtherâ€, driving up spot Brent crude
futures above USD 70 per barrel "as supply losses continue (and) demand growth
beats low consensus expectationsâ€..Crude oil use in China, the world’s biggest
importer, in the first two months of 2019 rose 6.in response to ongoing
production cuts from the OPEC+ group of producers as well as another (output)
slump from a blacked-out Venezuela,†said Ole Hansen, head of commodity strategy
at Denmark’s Saxo Bank.
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November 17, 2020
The Decline In Fuel Inventories
The US government plans to shut Iran’s oil exports out of the market from
November, demanding that all countries stop buying its oil.Trading activity is
expected to by limited on Wednesday due to the US Independence Day holiday.5
million barrels in the week to June 29 to 416. WTI the previous day hit its
highest since November 2014 at $75.US crude inventories fell by 4.
To make up for
potential shortfalls in supply from Iran sanctions as well as other disruptions
including Libya and Venezuela, the Organization of the Petroleum Exporting
Countries (OPEC) has agreed China
foam wall panel barrel screws with Russia and other oil-producing non-OPEC
members to raise output from July.27 a barrel.60 a barrel at 0044 GMT, up 46
cents, or 0.9 million barrels.Traders said the decline in fuel inventories was
largely down to the outage at Syncrude Canada’s 360,000 barrels per day (bpd)
oil sands facility near Fort McMurray, Alberta, which is expected to last
through July.REUTERS Published: Jul 4, 2018, 8:51 am IST Updated: Jul 4, 2018,
8:51 am IST US crude inventories fell by 4.82 per barrel, up 6 cents from their
last close.Outside North America, looming US sanctions against major oil
exporter Iran were the focus of attention.
9 million barrels, according to the
American Petroleum Institute (API) on Tuesday.US West Texas Intermediate (WTI)
crude futures CLc1 were at $74.Iran’s President Hassan Rouhani on Tuesday said
it was "unwise to imagine that some day all producer countries will be able to
export their surplus oil and Iran will not be able to export its oil.5 million
barrels in the week to June 29 to 416. The US government plans to shut Iran’s
oil exports out of the market from November, demanding that all countries stop
buying its oil.â€end-of.
Oil prices, crude oil, opec, wti, brent
crudeLocation: Singapore, –, Singapore.Singapore: Oil prices edged up on
Wednesday, lifted by a report of declining US fuel inventories amid the ongoing
crude supply outage at Syncrude Canada in Alberta, which usually supplies the
United States. Gasoline and distillate stocks, which include diesel and heating
oil, were also down, the API said.6 per cent, from their last settlement.Brent
crude futures LCOc1 were at $77.OPEC-member Iran, however, has warned it would
not accept other producers reaping the benefits by taking its market share.
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November 11, 2020
Hit Its Lowest Level
Saudi Arabia said on Sunday that balancing oil markets
was far from done as inventories were still high.Brent crude oil futures were at
USD 67.03 per barrel at 0231 GMT, down 13 cents, or 0.2 per cent.Singapore: Oil
prices dipped on Monday amid concerns that an economic downturn may dent fuel
consumption, but crude markets remain broadly supported by supply cuts led by
producer group OPEC and US sanctions against Iran and Venezuela.
Brent crude oil
futures were at USD 67.03 per barrel at 0231 GMT, down 13 cents, or 0.2 per
cent, from their last close, but not far off the USD single
screw barrel 68.14 per barrel 2019-high reached last week.US West Texas
Intermediate (WTI) futures were at USD 58.32 per barrel, down 20 cents, or 0.3
per cent, from their last settlement, and also not far off their 2019-high of
USD 58.95 from the previous week."The greatest downside risk to our oil price
view is demand weakness on slower economic growth. Our base case is that global
oil demand will increase by 1.3 million barrels per day (bpd) in 2019.
A
synchronized global slowdown in growth could push global demand growth to below
1 million bpd,†Bernstein Energy said on Monday.US manufacturing output fell for
a second straight month in February, in a sign that the world’s biggest economy
has been slowing down in the first quarter.In Asia, Japan’s exports fell for a
third straight month in February in a sign of growing strain from slowing global
demand.Despite this, oil prices have gained around a quarter since the start of
the year amid US sanctions against Iran and Venezuela, and as the Organization
of the Petroleum Exporting Countries (OPEC) and non-affiliated allies like
Russia - known as OPEC+ - have pledged to withhold 1.2 million bpd in supply to
prop up prices.OPEC’s de-facto leader Saudi Arabia said on Sunday that balancing
oil markets was far from done as inventories were still high.Russia also said
production cuts would stay in place at least until June.
As a result, Bernstein
forecast an inventory draw of 37 million barrels in the first quarter for the 36
member countries of the Organisation for Economic Co-operation and Development
(OECD), which comprises most industrialised nations.The International Energy
Agency (IEA) said on Friday it expected oil markets to be in a modest deficit
from the second quarter of 2019.
Key for the supply and demand balance will be
the United States, where crude production has soared by around 2 million bpd
over the past year, thanks largely to an onshore boom in shale formation
drilling.The number of rigs drilling for new oil production in the United States
has been falling in 2019, and hit its lowest level since April 2018 last week,
at 833 operating rigs.However, US crude oil production still increased at the
start of 2019, hitting a record 12.1 million barrels per day (bpd) in February,
data from the Energy Information Administration (EIA) showed.Output has since
dipped back to 12 million bpd, but that still makes America the world’s biggest
crude oil producer.end-ofTags: oil price, opec, crude oil, oil import, brent
crudeLocation: Singapore, –, Singapore.
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November 06, 2020
One Of The World
Gazprom will save between Rs 8,500
crore and Rs 9,500 crore over the contract period ending 2040, Oil Minister
Dharmendra Pradhan said on Wednesday.State-owned gas utility GAIL India Ltd had
in January taken advantage of the Russian company39;s inability to deliver
liquefied natural gas (LNG) from the previously agreed Schtokman project in the
Barents Sea, to renegotiate price agreed in 2012.In a written reply in the Rajya
Sabha.
Pradhan said the first cargo of Russian natural gas under the long-term
contract between GAIL India Ltd and Gazprom Marketing & Trading Singapore
(GMTS) was received on June 4.He said: "GAIL and Gazprom successfully
re-negotiated the long-term LNG Sale and Purchase Agreement reflecting the
current global gas market dynamics. The renegotiated price, compared to earlier
contract price, will result in saving of approximately Rs 8,500 crore (crude oil
at USD 50 per barrel) or Rs 9,000 crore (crude oil at USD 60 per barrel) or Rs
9,500 crore (crude oil at USD 70 per barrel) for the years 2018 to 2040."
Without
giving specific details, Pradhan said the gas price foam
wall panel barrel screws Factory was negotiated depending on many factors
like project location, duration of contract and pricing formula. GAIL
renegotiated the terms of the 20-year deal to import 2.5 million tonnes a year
of LNG, including price and volume ramp up.The contracted volume has been
lowered from 2.5 million tonnes to 0.5 million tonnes in the first year,
2018-19; 0.75 million tonnes in 2019-20 and 1.5 million tonnes in the third year
2020-21.The contract period has been extended by three years to accommodate the
supplies not taken in initial years as well as getting an additional 2 million
tonnes over-and-above the 50 million tonnes it had agreed to take in 2012 over
the 20 year contract period.India has been making the most of its position as
one of the world39;s biggest energy consumers to strike better bargains for its
companies. Last year, India got US energy major Exxon Mobil Corp to lower the
price of 1.5 million tonnes a year of LNG from Gorgon project in Australia,
saving Rs 4,000 crore in import bill.Pradhan said India currently has four
operational LNG import terminals at Dahej and Hazira in Gujarat,.
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November 03, 2020
In The Middle East
Brent was still at $74. Brent crude futures LCOc1, the international benchmark
for oil prices, climbed as high as $75.84 a barrel, up 20 cents, or single screw barrel.Markets
have been lifted by supply cuts led by the Organization of the Petroleum
Exporting Countries (OPEC) which were introduced in 2017 with the aim of
propping up the market, as well as by the potential of renewed US sanctions
against Tehran.
3 per cent from their last settlement.20 in early
trading.end-ofTags: brent oil, oil price, opec, crude oilLocation: Singapore, –,
Singapore.89 a barrel at 0109 GMT, up 18 cents, or 0."Crude prices are now
sitting at the highest levels in three years, reflecting ongoing concerns around
geopolitical tensions in the Middle East, which is the source of nearly half of
the world’s oil supply,†ANZ bank said on Tuesday.Brent crude futures LCOc1, the
international benchmark for oil prices, climbed as high as $75."Oil strength is
coming from Saudi Arabia’s recent commitment to get oil back up to between $70
to $80 per barrel as well as inventory levels that are back in the normal
range,†said William O’Loughlin, investment analyst at Australia’s Rivkin
Securities.89 a barrel at 0109 GMT, up 18 cents, or 0.
The United States has
until May 12 to decide whether it will leave the Iran nuclear deal and instead
renew sanctions against the OPEC member, which would further tighten global
supplies.2 per cent from its last close.20 in early trading on Tuesday, levels
not seen since November, 2014.The OPEC supply management and threat of new
sanctions come just as demand in Asia, the world’s biggest oil consuming region,
hits a fresh record as new and expanded refineries start up from China to
Vietnam.Singapore: International oil prices hit their highest levels since late
2014 on Tuesday, pushed up by expectations of renewed US sanctions against Iran
and as OPEC continues withholding supplies amid strong demand.OPEC’s efforts to
tighten markets are being led by top exporter Saudi Arabia, where
state-controlled oil firm Saudi Aramco is pushing for higher prices ahead of a
partial listing planned for later this year or 2019.US West Texas Intermediate
(WTI) crude futures CLc1 were at $68.2 per cent from its last close.
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October 27, 2020
A Gap Of 30 Years
A preliminary inquiry has found that the explosion took place due to faulty
ammunition supplied by the Ordnance Factory Board (OFB) and further probe into
the matter was on, the sources said.India had last procured howitzers in the
mid-1980s from Swedish defence major Bofors. Three more guns are to be supplied
to the Army in September 2018 for training.
The barrel of the US-manufactured gun had
exploded when it was firing Indian ammunition on September 2.The field trials of
the 155 mm, 39-calibre guns manufactured by BAE systems were being carried out
at Pokhran in Rajasthan with an aim to collate various critical data like
trajectory, speed and frequency.India had received two M-777 ultra-light
howitzers in May, each worth around Rs 35 crore, after a gap of 30 years since
the Bofors scandal broke out, and the accident took place in one of them.The
barrel of the US-manufactured gun had exploded when it was firing Indian
ammunition on September 2.end-ofTags: howitzer m-777, explosion, m-777
ultra-light howitzers, bofors scandalLocation: India, Delhi, New Delhi.While 25
guns will come in a fly-away condition.
The rest will be assembled in India by
the BAE Systems in partnership with Mahindra Defence.Army sources had said the
barrel of the gun was damaged in pipe screw barrel Manufacturers
the preliminary
investigation has found that faulty ammunition was the reason behind the
explosion on the Army39;s new long-range ultra-light (ULH) howitzer M-777 during
a field trial in Pokhran earlier this month, official sources said."He said
these kind of failures can have multiple causes and "the quality of the shell is
not the only reason".India had received two M-777 ultra-light howitzers in May,
each worth around Rs 35 crore, after a gap of 30 years since the Bofors scandal
broke out, and the accident took place in one of them.The defence ministry had
struck a government-to-government deal with the US last November for supply of
the 145 howitzers at a cost of nearly Rs 5,000 crore.
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October 22, 2020
In The Syrian Battlefront city
Observatory head Rami Abdel Rahman was unable to confirm the claim, but said no
one was killed in the strikes. A Sukkari resident said a "very strong smellâ€
filled the neighbourhood after it was hit by a barrel bomb and that he and
others had difficulty breathing. "Such allegations are taken very seriously. The
use of chemical weapons by anyone, anywhere and under any circumstances is
unacceptable,†he added in a statement.
Aleppo after dozens
of people had to be treated for breathing problems in the SThe world’s chemical
weapons watchdog said on Wednesday that it was "disturbed†by the alleged use of
toxic chemicals in Aleppo after dozens of people had to be treated for breathing
problems in the Syrian battlefront cityObservatory head Rami Abdel Rahman was unable to confirm the claim, but said no
one was killed in the strikes. A Sukkari resident said a "very strong smellâ€
filled the neighbourhood after it was hit by a barrel bomb and that he and
others had difficulty breathing. "Such allegations are taken very seriously. The
use of chemical weapons by anyone, anywhere and under any circumstances is
unacceptable,†he added in a statement.The Opposition Aleppo Media Centre said
on its Twitter account that the Sukkari neighbourhood was the target of a
chlorine attack.The bombs left people in need of treatment, the British-based
monitor said, adding most were civilians.
"We are disturbed by the recent
allegations of the use of toxic chemicals in Aleppo,†said a statement by the
director-general of the Hague-based Organisation for the Prohibition of Chemical
Weapons, Ahmet Uzumcu.More than 70 people were left choking on Tuesday after
regime helicopters China
foam wall panel barrel screws dropped barrel bombs on a rebel-held district
of the war-ravaged city, the Syrian Observatory for Human Rights said.
end-of.Both sides in Syria’s complex civil war have traded accusations of
attacks against civilians and use of unconventional weapons including chlorine
and mustard gas.
The world’s chemical weapons watchdog said on Wednesday that
it was "disturbed†by the alleged use of toxic chemicals in Aleppo after dozens
of people had to be treated for breathing problems in the SThe world’s chemical
weapons watchdog said on Wednesday that it was "disturbed†by the alleged use of
toxic chemicals in Aleppo after dozens of people had to be treated for breathing
problems in the Syrian battlefront city.
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October 20, 2020
Crude Oil Futures Fell
Crude oil for delivery in October traded lower by Rs 62, or 1.54 per barrel,
while West Texas Intermediate firmed up 0.66.67 per cent, to Rs 3,758 per barrel
in 471 lots.67 per cent, to Rs 3,758 per barrel in 471 lots.63 per cent, to Rs
3,750 per barrel.63 per cent, to Rs 3,750 per barrel with a business volume of
18,388 lots, on the Multi Commodity Exchange (MCX).
63 per cent to Rs 3,750 per
barrel on Thursday after speculators booked profits at existing levels amid
subdued spot demand.Crude oil conical twin screw barrel for
delivery in October traded lower by Rs 62, or 1.The crude oil contracts for
November delivery shed Rs 64, or 1.end-ofTags: crude oil, multi commodity
exchange, brent crude, west texas intermediateLocation: India, Delhi, New
Delhi.04 per cent at USD 52.New Delhi: Crude oil futures fell 1.26 per cent at
USD 57.The crude oil contracts for November delivery shed Rs 64, or 1.Meanwhile,
the global benchmark Brent was down 0.
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Crude Oil Futures Fell
Crude oil for delivery in October traded lower by Rs 62, or 1.54 per barrel,
while West Texas Intermediate firmed up 0.66.67 per cent, to Rs 3,758 per barrel
in 471 lots.67 per cent, to Rs 3,758 per barrel in 471 lots.63 per cent, to Rs
3,750 per barrel.63 per cent, to Rs 3,750 per barrel with a business volume of
18,388 lots, on the Multi Commodity Exchange (MCX).
63 per cent to Rs 3,750 per
barrel on Thursday after speculators booked profits at existing levels amid
subdued spot demand.Crude oil conical twin screw barrel for
delivery in October traded lower by Rs 62, or 1.The crude oil contracts for
November delivery shed Rs 64, or 1.end-ofTags: crude oil, multi commodity
exchange, brent crude, west texas intermediateLocation: India, Delhi, New
Delhi.04 per cent at USD 52.New Delhi: Crude oil futures fell 1.26 per cent at
USD 57.The crude oil contracts for November delivery shed Rs 64, or 1.Meanwhile,
the global benchmark Brent was down 0.
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October 14, 2020
Plunge In That Period
Crude oil futures have not traded around single
screw barrel that level for any length of time since the late 1990s and the
options market suggests few bel-ieve prices will return there in 2016.
end-ofLocation: Canada, Ontario, London.The options market indicates investors
are braced for US crude prices to drop to around $35 in the first half of 2016,
but most do not expect a steeper plunge in that period.
Oil
derivative traders are preparing for crude prices to fall further in the coming
months, but few expect Goldman Sachs’ worst-case scenario of a drop to $20 a
barrel to happen any time soon.US crude futures fell below $37 a barrel for the
first time since early 2009 on Tuesday after Opec’s most recent policy meeting
resulted in acrimony and no decision to cut output.
Oil derivative traders are
preparing for crude prices to fall further in the coming months, but few expect
Goldman Sachs worst-case scenario of a drop to $20 a barrel to happen any time
soon.Goldman Sachs has said prices could drop as low as $20 a barrel at some
point, hit by a growing global crude glut and sluggish dem-and.
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October 09, 2020
Several More New Fields
OPEC's collective production has stabilised at around 31.It said in a market
commentary that US offshore production in the Gulf of Mexico reached its highest
level since early 2010 in August and is expected to remain strong although at a
slower pace into 2016 "as several more new fields begin to produce".51 and Brent
crude for December was trading four cents higher at $44.10 a barrel at around
0330 GMT.
7 per cent and Brent fell 3."Although global oil demand growth has been
exceptionally strong year-to-date, the overall pace of supply side adjustment
has been too slow to end a sustained increase in global inventories that we
expect to persist through most of 2016," British bank Barclays said. Oil prices
have plunged by more than half from peaks of over $100 a barrel in mid-2014
Singapore: Oil prices remained under pressure in Asia Friday after a huge jump
in US crude inventories reinforced projections that a supply glut will persist
well into next year.
Global oil demand growth has not been fast enough to soak up
the excess in supplies and analysts say a rebalancing of the supply-demand
situation is needed for a sustained uptick in prices. Oil prices have plunged pvc
crust foam board screw barrel Manufacturers by more than half from peaks of
over $100 a barrel in mid-2014Representational Image.8 percent after the report,
which also showed US crude oil production continued to ramp higher.
Oil prices
have plunged by more than half from peaks of over $100 a barrel in
mid-2014.end-ofLocation: Singapore.2 million barrels last week, far higher than
analyst expectations of an increase of 1.WTI sank 2.Members of the Organization
of the Petroleum Exporting Countries (OPEC) have also kept production high in an
aggressive bid to retain market share.5 million barrels per day in recent
months, Barclays said, but this is still more than its output ceiling of 30
million barrels per day.Prices were hammered Thursday after the US Department of
Energy reported that commercial crude inventories in the world's top oil
consumer grew by 4.3 million barrels.US benchmark West Texas Intermediate (WTI)
for delivery in December was down 24 cents to $41.
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September 28, 2020
Level In About Eight Months
The World Bank slashed its 2016 global growth forecast on Wednesday to 2.The market was waiting for China trade data due later in the day.S. Energy
Information Administration (EIA) will issue official inventory numbers at 1430
GMT on Wednesday.7 million barrel draw according to a revised Reuters poll.4
percent from the 2.40 a barrel, after closing up 67 cents on Tuesday to settle
above $50 for the first time since last July.
Japan's economy grew faster than
initially estimated in the first quarter, data showed on Wednesday, as capital
spending fell less than was first reported, but worries remain over slow
consumer spending and weak exports. 12. The southern Delta swamps in Nigeria
have been hit by militant attacks on oil and gas pipelines which have brought
the African nation's oil output to a 20-year low.NYMEX crude for July delivery
CLc1 was up 4 cents at $50. Nigeria's oil output was between 1.S.9 per cent
estimated in January due to stubbornly low commodity prices, sluggish demand in
advanced economies, weak trade and diminishing capital flows.end-of.6 million
barrels a day, down from 2.5 million and 1.(Representational Image) The market
was waiting for China trade data due later in the day.
commercial crude
inventories fell by 3.Nigeria government said it will scale down a military
campaign in the oil-producing Niger Delta and talk to a militant group.S.U.42 a
barrel by 0108 GMT, after settling up 89 cents on Tuesday. It earlier touched
$51.Oil prices stood steady near their highest level in about eight months,
helped by industry data showing a larger-than-expected drawdown in U.2 million
barrels at the start of the year.
The EIA on Tuesday raised its 2016 U.6 million
barrels last week, data from industry group American Petroleum Institute showed
on Tuesday after the market settlement, compared with expectations for a 2. The
U.55, the highest since Oct.S.London Brent crude for August delivery LCOc1 was
down foam
wall panel barrel screws 2 cents at $51.The market was waiting for China
trade data due later in the day. crude inventories and worries about attacks on
Nigeria's oil industry.But concerns about global demand weighed on prices.
Worries about global supply disruptions also supported the market, analysts
said. oil demand growth forecast, citing that demand will grow by 220,000 bpd
from 140,000 bpd previously.
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September 21, 2020
Profits Of Its Unlisted Subsidiaries
Company's revenues were up 33.7 per cent to Rs 21,714 crore in the fourth
quarter of 2016-17. For the full fiscal, the company reported a 10.9 per cent
rise in net profit to Rs 17,900 crore on flat revenue of Rs 77,907 crore.New
Delhi: State-owned Oil and Natural Gas Corp (ONGC) today reported a 6.2 per cent China
pvc crust foam board screw barrel Factory drop in March quarter net profit
after it cleared royalty dues to Gujarat and Assam and provisioned for employee
pay revision.
Net profit in January-March at Rs 4,340 crore was 6.2 per cent
lower than Rs 4,625 crore net profit in the same period a year ago.The drop was
despite the company's net price realisation for crude oil produced from
nominated fields rising 57 per cent to USD 54.91 a barrel and also from joint
venture fields by 68 per cent to USD 48.72 a barrel."We set out Rs 2,444 crore
to clear royalty payments to Gujarat and Assam as had been ordered by the
Supreme Court," ONGC Director (Finance) A K Srinivasan said.The royalty payment
was due after the government agreed with the contention of Gujarat and Assam
that the state-owned company should pay royalty on gross price for crude and not
the net price it realised after paying for fuel subsidises.
Also, the company
provisioned Rs 1,944 crore towards ensuing pay revision for employees. "But for
the royalty payments, our net profit would have been higher by Rs 1,600 crore,"
he said.Revenues were up 33.7 per cent to Rs 21,714 crore in the fourth quarter
of 2016-17, a company statement said. Also, the company lost Rs 4,000 crore in
revenue on natural gas price dipping to USD 2.5 per million British thermal unit
from USD 3.82 per mmBtu in Q4 of 2015-16 fiscal.For the full fiscal, the company
reported a 10.9 per cent rise in net profit to Rs 17,900 crore on flat revenue
of Rs 77,907 crore. Net realisation on crude oil produced from nominated fields
was up 6.6 per cent at USD 50.27 per barrel and that from joint venture fields
by 4 per cent at USD 44.09 a barrel."ONGC has achieved a phenomenal rise in
exploration performance in FY'17 by making 23 discoveries, as against 17
discoveries in FY'16 an increase of 35 per cent.
Of the 23 discoveries, 13
discoveries were made in onland and 10 in offshore," the statement said.Out of
13 onland discoveries, nine were monetized during the year itself having a
potential of 0.218 million tonnes of oil equivalent per year.ONGC's crude oil
production rose marginally by 0.8 per cent in January-March to 6.39 million
tonnes but fell 1.5 per cent in the full year to 25.534 million tonnes. Gas
output was up 13.4 per cent in Q4 to 5.944 billion cubic meters and by 3.3 in
full 2016-17 fiscal to 23.27 bcm.After accounting for revenue and profits of its
unlisted subsidiaries ONGC Videsh Ltd and Mangalore Refinery and Petrochemicals
Ltd, ONGC had a consolidated net profit of Rs 20,498 crore in 2016-17, up 59.2
per cent from Rs 12,875 crore of previous year. Consolidated turnover was up 4.8
per cent at Rs 1,42,149 crore. end-ofTags: ongc, profit, shares, revenue,
royalty paymentsLocation: India, Delhi, New Delhi.
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September 02, 2020
A Still From KhujliNeena On Her Part
I'm very excited about the platform, and I hope the Central Board
of Film Certification (CBFC) doesn't come in and start censoring, because there
are too many limitations while making a film.â€A still from KhujliNeena on her
part, found the script to be a refreshing change. No matter what the subject, or
who is starring in it, it will reach out,†he asserts. As far as Zeenat goes,
she’s been one of the pioneers in the top leading actresses of the yesteryears,
who took on this challenge. "Jackie had done a couple of short films before; he
wants to help out people who want to experiment. "The Internet is a free medium,
and such content can be easily put up, especially since there’s no
censorship.Sonam Nair, who directed Neena in Khujli, opposite Jackie Shroff
explains that the movie was right up the actress'alley. has no hang ups about
dating younger men, while Neena Gupta’s character in Khujli is a middle aged
woman, who’s keen on experimenting with BDSM in the bedroom, to spice up her sex
life.
With web, the results are immediate,†she concludes. "This is the only
platform which will reach the audience if the content is good. For people like
me, it becomes easier, because daily soaps on TV tend to get taxing, thanks to
the schedule. But this platform gives you much more space to dabble. "However,
once you’re a star, the kind of films you get become more and more similar, and
there’s a lot of limitations for an actress. I was not expecting them to be so
detailed and organised with their work, but they were completely aware of what
they were doing, and I would like to applaud them for it. This movie was her
zone in general. Zeenat Aman’s bold Joana in Love, Life. With the web, the
process is quick — we completed shooting in two days. It was great fun shooting
with youngsters foam
wall panel barrel screws We’ve worked on it in a tongue-in-cheek way, and
we’ve not shown anything,†Neena says, referring to the almost-cutesy take on
the couple’s sex life and romance.. "All actors aren’t willing to explore, but
there’s a crop of artistes who are game.â€Kapil explains that content is still
king in this case. She’s a modern woman, and she wasn’t happy with the kind of
work coming to her. "With the web it’s easier, because there was a point where a
film would have to be shot for four years, and people had to wait for finances;
it would just go on and on.â€Kapil Kaustubh Sharma, the director of Love, Life
and Screw Ups, in which Zeenat purportedly romances a 25-year-old, says that one
doesn’t necessarily find artistes who are willing to give this medium a
shot.â€Neena says that she enjoys the process so much, she’d want to do more such
roles. | UMA RAMASUBRAMANIAN Published: Apr 8, 2017, 12:05 am IST Updated: Apr
8, 2017, 6:28 am IST As veteran actresses are increasingly looking towards the
web for experimentation, bold and sexier roles are the flavour of the season. "I
loved the script so much, that I immediately had to say yes..With inputs by
Aarti Bhanushaliend-ofTags: khujli, bdsm, jackie shroff, neena gupta. These days
we don’t get such scripts.Zeenat Aman in Love, Life and Screw UpsKhujli, Scandal
Point, Love, Life, Screw Ups — these may sound like chic flicks, but they
feature some of the industry’s veteran women trying their hand at what a typical
chick flick would indulge in. My only fear is that people might take undue
advantage of the medium, and we’d also have to censor it. This is one platform
on which we’re able to do things we want to do, without any interference.â€What
worries both Neena and Sonam, is people either experimenting way too much with
the content, or the censors running their scissors all over the platform. But
Neena had not done this before. There are only character roles available for
these actors after a certain age in feature films.
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