Gas Or Diesel News
ONGC Earnings May Increase on Higher Gas Prices, Lower Subsidies on Fuel
Oil & Natural Gas Corp. s profit may rise from this quarter after the government more than doubled natural gas prices and freed gasoline rates from state control.
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ONGC Profit Declines, Missing Analysts' Estimates on Below-Cost Oil Sales
Oil & Natural Gas Corp. , Indias biggest energy explorer, reported a 25 percent drop in first- quarter profit after discounts on crude oil sales to state refiners increased.
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Senate Warms Up To Pickens' Push
Billionaire hedge fund manager and former oilman T. Boone Pickens is an outspoken proponent of natural gas-powered vehicles, and according to Bloomberg, his plan to save America from foreign oil dependence is one step closer to fruition.
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Exxon Mobil sees 91% jump in profit
Exxon Mobil Corp.'s profit rose 91 percent in the second quarter as the economy sputtered toward recovery.
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Exxon profit tops Wall Street
Exxon Mobil Corp reported a better-than-expected second-quarter profit on Thursday, as oil prices and margins to process crude into fuel rebounded from a year earlier and production rose.
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