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Govt to auction 55 oil, gas exploration blocks on Thursday

2018-01-17 thehindubusinessline
New exploration policy allows companies to carve out blocks of their choice and bring 2.8 million sq. km. of unexplored area

Tata group hires EY to explore sale of oil and gas business

2018-01-16 livemint
Mumbai: The Tata group has hired EY to explore the sale of Tata Petrodyne Ltd (TPL), its oil and gas exploration and production business, two people aware of the development said.

HOEC expects production to go up to 25,000 barrels oil equivalent in 5 yrs

2018-01-16 business-standard
Hindustan Oil Exploration Company (HOEC) is expecting its production to go up from 500 barrels of oil equivalent during 2015 to around 8,000 barrels during the current fiscal year, backed by the growing production in its Assam facility. The company, which has been facing crisis after shutting down one of its facility in 2011, is expecting its three ongoing projects to take up the production to 25,000 barrels in three to five years, said P Elango, MD of the company. (5-0)

Eni's Former Indian Oil Explorer Targets 12-Fold Sales Jump - Bloomberg

2017-12-04 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

ONGC, Cairn bid for 41 oil and gas areas

New Delhi : State-owned ONGC and Vedanta Ltd on Wednesday emerged as the biggest bidders for oil and gas blocks, putting in 41 out of 56 bids received in India’s maiden auction under open acreage licensing regime.

ONGC, Cairn bid for 41 oil and gas areas

2017-11-15 moneycontrol
State-owned ONGC and Vedanta Ltd today emerged as the biggest bidders for oil and gas blocks, putting in 41 out of 56 bids received in India's maiden auction under open acreage licensing regime. (5-0)

HOEC to produce oil from Mumbai field by 2021, invest $43 mn

2017-11-14 moneycontrol
Hindustan Oil Exploration Co Ltd (HOEC) has submitted a USD 43-million development plan to bring to production the Mumbai offshore oil field it had won in the first discovered field auction in March.

Hindustan Oil Exploration Company#39;s Assam block to drive profits further

2017-11-10 moneycontrol
Hindustan Oil Exploration Company (HOEC) is in a sweet spot with projects being implemented on time and greater visibility on monetization of assets in the coming quarters. With the government announcing the second stage of auction of discovered small fields and putting forth a proposal to allow private firms to bid for a majority stake, HOEC stands well positioned to benefit from these measures. (2-0)

Rising crude price takes HOEC to year high

2017-11-08 thehindubusinessline
The share price of Hindustan Oil Exploration Company (HOEC) reached a year-high of ₹119.40 before closing at ₹111.15 on the BSE, thanks primarily to the rise in prices of Brent crude, which has raced past the $64-mark a barrel. HOEC’s rise is due to the sentiment attached to higher crude prices — the company does not produce oil but only natural gas whose prices are fixed.

ONGC, CDSL, HOEL results on Saturday

2017-10-27 thehindubusinessline
Close to two dozen companies will announce their results for the July-September period on Saturday. Among these are Adani Transmission, Agri-Tech (India), Andhra Sugars, Aro Granite, CDSL, Bhageria Industries, Bharat Financial Inclusion, Hindustan Oil Exploration, Jubilant Life Sciences, Jayant Agro Organics, ONGC, Nath Bio-Genes, Seshasayee Paper, Shriram Pistons, Techindia Nirman and TRF. Shares of these companies will react based on their financial performance.

Ramping up business will increase gross revenues to Rs 40 lakh/day, says HOEC

2017-09-14 moneycontrol
Hindustan Oil Exploration Company (HOEC) has been buzzing and has gained 45 percent this year so-far and 14 percent this month. In an interview to CNBC-TV18, P Elango, MD of the company spoke about the latest happenings and his outlook going ahead.

Lower production costs help upstream oil, gas companies tide over depressed crude prices

2017-08-17 thehindubusinessline
Despite crude oil and natural gas prices remaining range bound, technological enhancements and lower production costs have come to the rescue of upstream oil and gas companies, according to industry players and analysts.

Hindustan Oil Exploration Company (₹77.6)

2017-08-17 premium.thehindubusinessline
Buying a house to just rent it out may not be a lucrative option in India, shows study of data provided by JLL India. Average rental yields were 3.1 per cent, as of May 2017, for top six cities in... »

Tata Sons may shut oil production arm Petrodyne in business revamp

2017-08-02 livemint
Mumbai: Tata Sons Ltd may shut down Tata Petrodyne Ltd (TPL), its oil exploration and production arm, as new chairman N. Chandrasekaran weeds out businesses that are unprofitable or lack scale, according to two people aware of the development.

Top buzzing midcap stocks to trade on June 16

2017-06-16 moneycontrol
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today -- Lupin, Sun Pharmaceutical, Dr Reddys, Cipla, Ipca Labs, Aksharchem, Gol Offshore, Aban Offshore, Hindustan Oil Exploration Company, Jindal Drilling, Oil Country, Dolphin Offshore, Reliance Infrastructure, and Jai Corp.