Sage Investment Club

ONGC identifies 70 sites for exploration

Public sector oil giant ONGC is becoming more collaborative in its exploration and production activities. To harness the benefits of international expertise, risk sharing, and technology and skill enhancement, ONGC has entered into agreements with names like ExxonMobil, Chevron, TotalEnergies, Equinor and Shell.In an interview with BusinessLine, Sushma Rawat, the first woman Director (Exploration) of […]

Reliance seeks $12.75 for CBM gas, ONGC wants $9.35

Billionaire Mukesh Ambani’s Reliance Industries Ltd and state-owned Oil and Natural Gas Corporation (ONGC) are separately auctioning natural gas extracted from coal seams at prices linked to Brent crude oil price.Reliance is seeking a minimum $12.75 per million British thermal unit for coal bed methane (CBM) from a block in Shahdol district of Madhya Pradesh, […]

Royal Dutch Shell PLC: Earnings Preview

Royal Dutch Shell PLC (SHEL.s), the UK/Dutch petrochemical-energy company founded in 1907 with a market capitalization of $210.48B, is expected to release its latest earnings report on Thursday 02 February. According to Zacks, Shell has risen 3.26% in the past month, underperforming its Oil-Energy sector and the US500 by 4.55% and 5.73% respectively. BPA Shell Fuente: Nasdaq […]