(EnergyAsia, Feb 7) — Indian state upstream company ONGC said its net profit for the October-to-December quarter was likely to be pulled down by subsidies totaling Rs 11.32 billion paid out to downstream marketing companies IOC, BPC and HPC as instructed by the government.   Its sales turnover rose 65% to Rs 121.34 billion, while…

This article is for Subscriber members only.
Log In Register